Thermo Fisher Scientific Strengthens Anatomical Pathology Portfolio with Acquisition of Raymond A. Lamb


WALTHAM, Mass.--Nov. 11, 2008--Thermo Fisher Scientific Inc., the world leader in serving science, today announced it has acquired Raymond A. Lamb Ltd., a manufacturer of histology and anatomical pathology products based in Eastbourne, U.K., near London.

In business since 1964, Raymond A. Lamb has grown to become a global provider of products for the pathology laboratory. Recently, its focus has been on systems that automate the labeling and tracking of slides and cassettes that carry patient tissue samples, reducing the possibility of errors during their processing, storage and retrieval. The company has had a longstanding relationship with the anatomical pathology business of Thermo Fisher as a supplier of labeling products for cassettes and glass slides, as well as other anatomical pathology equipment.

"Our anatomical pathology customers - in both clinical and research markets - are demanding better solutions for tracking the increasing number of samples that they need to process and diagnose," said Marijn E. Dekkers, president and chief executive officer of Thermo Fisher Scientific. "This acquisition brings new-generation systems that can be integrated with our existing portfolio of anatomical pathology equipment and consumables to create a more efficient, and reliable, workflow."

Raymond A. Lamb had revenues of approximately $9 million in 2007, and will be integrated into Thermo Fisher's Analytical Technologies Segment.

About Thermo Fisher Scientific
Thermo Fisher Scientific Inc. (NYSE: TMO) is the world leader in serving science, enabling our customers to make the world healthier, cleaner and safer. With annual revenues of $10 billion, we have more than 30,000 employees and serve over 350,000 customers within pharmaceutical and biotech companies, hospitals and clinical diagnostic labs, universities, research institutions and government agencies, as well as environmental and industrial process control settings. Serving customers through two premier brands, Thermo Scientific and Fisher Scientific, we help solve analytical challenges from routine testing to complex research and discovery. Thermo Scientific offers customers a complete range of high-end analytical instruments as well as laboratory equipment, software, services, consumables and reagents to enable integrated laboratory workflow solutions. Fisher Scientific provides a complete portfolio of laboratory equipment, chemicals, supplies and services used in healthcare, scientific research, safety and education. Together, we offer the most convenient purchasing options to customers and continuously advance our technologies to accelerate the pace of scientific discovery, enhance value for customers and fuel growth for shareholders and employees alike. Visit www.thermofisher.com.

CONTACT: Thermo Fisher Scientific Inc.
Media Contact Information:
Karen Kirkwood 781-622-1306
karen.kirkwood@thermofisher.com
www.thermofisher.com
or
Investor Contact Information:
Ken Apicerno 781-622-1294
ken.apicerno@thermofisher.com

All Topics