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Finance

US awards Thermo Fisher a big contract for pipette tips

by Michael McCoy
September 10, 2021 | A version of this story appeared in Volume 99, Issue 33
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A close-up photo of a liquid being pipetted.
Credit: Shutterstock
The Department of Defense pipette-tip contract was issued on behalf of the Department of Health and Human Services.

The US Department of Defense has awarded Thermo Fisher Scientific a $192.5 million contract to expand US production of pipette tips. Thermo Fisher says it will build a facility in North Carolina that will start making the tips as early as the third quarter of 2023. Last year the firm announced its own $140 million investment in laboratory plastics, including pipette tips. The US is experiencing a shortage of the tips, in part because of increased use for COVID-19 testing.

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