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Business
Thermo Fisher Buys Bio Supplies Firm
by Marc S. Reisch
February 9, 2015
| A version of this story appeared in
Volume 93, Issue 6
Thermo Fisher Scientific has expanded its involvement in the laboratory supplies business by purchasing Advanced Scientifics for $300 million. With $80 million in annual sales and 380 employees, Advanced Scientifics makes single-use systems for the preparation and processing of biopharmaceuticals. A year ago, Thermo Fisher completed the $13.6 billion acquisition of Life Technologies, which brought with it a hefty laboratory supplies operation.
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