Thermo Fisher Scientific Acquires Leader in Micro-Volume Spectrophotometers, NanoDrop Technologies
WALTHAM, Mass., Oct. 9 -- Thermo Fisher Scientific Inc. (NYSE:TMO), the world leader in serving science, today announced it has acquired NanoDrop Technologies, LLC, a leading manufacturer of micro-volume ultraviolet visible (UV-Vis) instrumentation. The acquisition will strengthen Thermo Fisher's portfolio of UV-Vis spectrophotometry instruments for applications involving small sample volumes. For example, micro-volume samples are used in emerging life sciences research that involves measurement of DNA and proteins. NanoDrop, which is based in Wilmington, Delaware, has annual revenues of approximately $35 million.
"Growing demand from our laboratory customers to accelerate sample preparation time is now compounded by the need to work with smaller sample sizes," said Marijn E. Dekkers, president and chief executive officer of Thermo Fisher Scientific. "NanoDrop's patented technologies uniquely allow customers to quickly and easily analyze difficult micro-volume samples without the need for dilution. This preserves precious samples to greatly increase laboratory productivity."
NanoDrop currently produces three products - the NanoDrop® ND-1000 and ND-8000 UV-Vis spectrophotometers and the NanoDrop® ND-3300 fluorescence spectrophotometer. These instruments are highly versatile tools that are suitable for a wide variety of laboratories and uses, including life sciences research and industrial applications.
The NanoDrop product line will be integrated into Thermo Fisher's scientific instruments business, part of its Analytical Technologies Segment, and will be marketed under the company's Thermo Scientific technology brand.
About Thermo Fisher Scientific
Thermo Fisher Scientific (NYSE:TMO) is the world leader in serving science, enabling our customers to make the world healthier, cleaner and safer. With an annual revenue rate of more than $9 billion, we employ 30,000 people 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.
Media Contact Information:
Lori Gorski
Phone: 781-622-1242
E-mail: lori.gorski@thermofisher.com
Website: www.thermofisher.com
Source: Thermo Fisher Scientific Inc.
Web site: www.thermofisher.com/
