Waters Corp - Company Profile
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Business Description
Waters Corp (Waters) designs, manufactures and sells analytical instruments and software. The company offers liquid chromatography, ultra-performance liquid chromatography, light scattering and field-flow fractionation instruments, mass spectrometry technology systems; and supports products including chromatography columns, other consumable products, post-warranty service plans and other consumable products. It offers its products to customers in R&D, QA and other laboratory applications in life science, pharmaceutical, biochemical, industrial, nutritional safety, environmental, academic and governmental sectors.
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R&D Overview
Waters's R&D arm focuses on the development and commercialization of products that extend, complement, and update its existing product offerings. The company has increased research and development expenses due to its commitment to invest significantly in new product development and existing product enhancements, as well as through acquisitions. Despite these efforts, there is no assurance that the company's product development and commercialization efforts will be successful or that the products developed will be accepted by the marketplace. The company main R&D center located in Milford, Massachusetts that develops LC products, its England R&D facility develops MS products. The current materials characterization products are developed at New Castle, Delaware center. Additionally, the company maintains research laboratories in Cambridge, MA, and at the University of Delaware, which serve as strategic, collaborative spaces for partnering with academia, research, and industry. In FY2025, the company spent US$195.7 million on its R&D activities, which as a percentage of revenue stood at 6.2%, and grew 5% YoY.
Business Segments
Overview
-Provides thermal analysis, rheometry and calorimetry instruments used in predicting the suitability of polymers and viscous liquids for various industrial, consumer goods and healthcare products. It operates an established system of field sales and service operations. -Major products include rheometry instruments, thermal analyzers and calorimetry instruments -Major services include the sale of replacement parts and labor fees associated with the repair, maintenance, and upgrade of installed systems. - It serves industries such as pharmaceuticals, fine chemicals, polymers, metals, and consumer goods.
Performance
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Overview
-Focuses on the development of instruments used in drug discovery and development such as clinical trial testing, analysis of proteins in disease processes, food safety analysis and environmental testing. The segment also generates revenue through the sale of support plans, demand services, spare parts, customer training and performance validation services. -Major products and services include high-performance liquid chromatography (HPLC), ultra-performance liquid chromatography (UPLC), mass spectrometry and chemistry consumable products and related services -Other offerings include service and support of LC and MS instruments, software and accessories. -It serves industries such as pharmaceuticals, clinical, biochemical, industrial, nutritional safety, environmental, academic, and governmental sectors.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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