Company

Thermo Fisher Scientific

Official Name: Thermo Fisher Scientific Inc.

Headquarters: Waltham, MA, United States

Founded: 1956

Employees: 130,000

CEO: Mr. Marc N. Casper

NYSE: TMO -0.31%

Market Cap

$207.62 Billion

USD as of Jan. 1, 2024

Market Cap History

Company Description

Thermo Fisher Scientific Inc. dedicated to biological and medical diagnostics and research. It manufactures and distributes scientific and medical instruments, laboratory equipment, software, reagents, consumables, chemicals, and services. Segmented into life sciences, analytical instruments, specialty diagnostics, and laboratory products, Thermo Fisher caters to the needs of multiple pharmaceuticals, biotechnology, agricultural, clinical, academic, and government actors.

Thermo Fisher Scientific market capitalization over time

Evolution of Thermo Fisher Scientific Inc. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of Thermo Fisher Scientific Inc.

Detailed Description

Thermo Fisher Scientific Inc. offers life sciences solutions, analytical instruments, specialty diagnostics, and laboratory products and service worldwide. The company's Life Sciences Solutions segment offers reagents, instruments, and consumables for biological and medical research, discovery, and production of drugs and vaccines, as well as diagnosis of infections and diseases to pharmaceutical, biotechnology, agricultural, clinical, healthcare, academic, and government markets. Its Analytical Instruments segment provides instruments, consumables, software, and services for use in laboratory, on production line, and in field for pharmaceutical, biotechnology, academic, government, environmental, and other research and industrial markets, as well as clinical laboratories. The company's Specialty Diagnostics segment offers liquid, ready-to-use, and lyophilized immunodiagnostic reagent kits, as well as calibrators, controls, and calibration verification fluids; ImmunoCAP for allergy and asthma tests, and EliA for autoimmunity tests; dehydrated and prepared culture media, collection and transport systems, instrumentation, and consumables; human leukocyte antigen typing and testing for organ transplant market; and healthcare products. Its Laboratory Products and Services segment provides laboratory refrigerators and freezers, ultralow-temperature freezers, and cryopreservation storage tanks; temperature control, sample preparation and preservation, centrifugation, and biological safety cabinet products; water analysis instruments; laboratory plastics products; laboratory chemicals; and pharma services. The company offers products and services through a direct sales force, customer-service professionals, electronic commerce, third-party distributors, and catalogs. It has a strategic alliance with the University of California, San Francisco. The company was incorporated in 1956 and is based in Waltham, Massachusetts.

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Product & Services

Analytical/other equipment and instruments, laboratory reagents and consumables, science software and services—for research, discovery, analysis, and manufacturing (incl. pharmaceutical and diagnostic products)

Key People

Marc N. Casper (President & CEO) Mark Stevenson (COO) Ryan Snyder (CIO)

Financials

Revenue: US$32.21 billion (2020)

Operating income: US$7.794 billion (2020)

Net income: US$6.375 billion (2020)


Total assets: US$69.052 billion (2020)

Total equity: US$34.507 billion (2020)

Details

Headquarters:

168 Third Avenue

Waltham, MA 02451

United States

Phone: 781 622 1000