Thermo Fisher Scientific Inc - Company Profile
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Thermo Fisher Scientific Inc (Thermo Fisher) is a provider of analytical instruments, life sciences solutions, specialty diagnostics, laboratory, pharmaceutical and biotechnology services. The company’s product portfolio includes laboratory supplies, laboratory equipment, laboratory instruments, clinical and diagnostics tools, chromatography and mass spectrometry devices, chemicals, cell culture materials, protein and cell analysis tools, and molecular biology and nucleic acid analysis products. Thermo Fisher's products and services find application in various sectors such as industrial and applied sciences, biotechnology, pharmaceuticals, healthcare, food & beverage, and forensics. The company operates through direct sales professionals, industry-specific catalogs, e-commerce capabilities, and supply-chain management services for distribution. Thermo Fisher is headquartered in Waltham, Massachusetts, the US.
Headquarters
United States of America
Address
168 Third Avenue, Waltham, Massachusetts, 02451
Website
www.thermofisher.com
Telephone
1 781 6221000
No of Employees
122,000
Industry
Medical Equipment
Ticker Symbol & Exchange
TMO (NYSE)
Revenue (2022)
$42.9B
-4.6%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-13.7%
(2022 vs 2021)
Market Cap*
$215.5B
Net Profit Margin (2022)
XYZ
-9.6%
(2022 vs 2021)
* As of and is in US$
Thermo Fisher Scientific Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Laboratory Supplies: | Enterprise-Level Lab Informatics | ABgene |
| Pipette Tips | Enterprise Services | Acros Organics |
| Pipettes | Financial and Leasing Services | Barnant |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | New Products/Services | In April, the company launched new TSX Universal Series ULT Freezers. |
| 2024 | New Products/Services | In April, the company launched the Gibco CTS OpTmizer One Serum-Free Medium. |
| 2024 | Contracts/Agreements | In March, the company announced a collaboration with Bayer AG to create next-generation sequencing (NGS)-based companion diagnostic assays. |
Competitor Comparison
| Key Parameters | Thermo Fisher Scientific Inc | Danaher Corp | Becton Dickinson and Co | Agilent Technologies Inc | Illumina Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Waltham | Washington | Franklin Lakes | Santa Clara | San Diego |
| State/Province | Massachusetts | WashingtonD.C. | New Jersey | California | California |
| No. of Employees | 122,000 | 61,000 | 73,000 | 17,700 | 10,590 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Marc N. Casper | Chairman; Chief Executive Officer; President | Executive Board | 2020 | 55 |
| Stephen Williamson | Senior Vice President; Chief Financial Officer | Senior Management | 2015 | 57 |
| Michel Lagarde | Executive Vice President; Chief Operating Officer | Senior Management | 2022 | 50 |
| Aditya Joshi | Chief Strategy Officer; Vice President | Senior Management | 2022 | - |
| Ryan Snyder | Chief Information Officer; Senior Vice President | Senior Management | 2019 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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