How Long Has Thermo Fisher Scientific Been Around?

by | Last updated on January 24, 2024

, , , ,
Type Public Number of employees

c. 125,000 (2021)
Website www.thermofisher.com

When did Thermo buy Fisher Scientific?

In

May 2006

, Fisher Scientific and Thermo Electron announced that they would merge in a tax-free, stock-for-stock exchange. The merger closed on November 9, 2006 and the merged company is now called Thermo Fisher Scientific. The merger was valued at $12.8 billion.

Who owns Thermo Fisher Scientific?

Thermo Fisher Scientific

Is Thermo Fisher Scientific a big company?

Thermo Fisher Scientific Inc. (NYSE: TMO) is the world leader in serving science, with

annual revenue of approximately $40 billion

.

How many employees does Thermo Fisher Scientific have?

With

over 80,000

employees worldwide, Thermo Fisher Scientific was formed in the 2006 merger of Thermo Electron and Fisher Scientific. As early as March 2020, the FDA issued emergency use authorization (EUA) to Thermo Fisher for a COVID-19 diagnostic test.

How many countries is Thermo Fisher in?

Thermo Fisher Scientific is headquartered in Waltham, MA and has 458 office locations across

48 countries

.

When did Thermo Fisher acquire PPD?

WALTHAM, Mass.,

Dec. 8, 2021

/PRNewswire/ — Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in serving science, today announced that it has completed its acquisition of PPD, Inc.

Is Thermofisher a Fortune 500?

Rank # of Fortune 500 Companies New York 50

How many suppliers does Fisher Scientific have?

Our network of

9,000 suppliers

is constantly expanding to meet growing customer needs.

Where are Thermo Fisher products manufactured?


WALTHAM, Mass

., Sept. 8, 2021 /PRNewswire/ — Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in serving science, today announced plans to establish a facility in Nashville dedicated to the production of single-use technologies (SUT) products.

Does Thermo Fisher pay well?


The average estimated annual salary, including base and bonus, at Thermo Fisher Scientific is $97,242, or $46 per hour

, while the estimated median salary is $91,541, or $44 per hour.

Is Thermo Fisher Scientific a good stock to buy?

Thermo Fisher Scientific Inc.


Over the past year, the Zacks Rank #2 (Buy) company has outperformed its industry

. It has gained 44.3% compared with the 15.8% rise of its industry and the S&P 500's 30.3% rise.

What is Thermo Fisher known for?

As

the world's leader in serving science

, at Thermo Fisher Scientific, our professionals develop critical solutions—and build rewarding careers. We offer services and products that help customers around the globe in laboratories and clinics, on production lines and out in the field.

Who are Thermo Fisher customers?

Thermo Fisher's customers are

hospitals and commercial laboratories around the world

, and fast equipment turnaround times can literally be a matter of life and death for end users. In 2015, Thermo Fisher did an evaluation of various field service providers.

What kind of drug test does Thermo Fisher use?

Thermo Scientific has 510(k) approved

oral fluid assays

for CEDIA Amphetamine, Methamphetamine, Cocaine, Cannabinoids (THC) Opiates, and Phencyclidine (PCP). 4 The majority of oral fluid test kits are for forensic use only.

Where are Thermo Fisher based in the UK?

Our largest sites are in

Horsham and Loughborough, England, and Inchinnan, Scotland

.

Where is Thermo Fisher Scientific based?

In the United States and Canada, we have 26,000+ employees who work in more than 400 offices, distribution centers, manufacturing sites and the company's global headquarters in

Waltham, Massachusetts, US

.

What happened to PPD stock?

Waltham, Massachusetts-based Thermo Fisher announced in April that it would acquire the company that provides clinical research services to the biopharma and biotech industry.

PPD ceased trading on the Nasdaq prior to opening today

and will become part of Thermo Fisher's laboratory products and services segment.

Is PPD part of Thermo Fisher?

With the acquisition,

PPD will be part of Thermo Fisher's Laboratory Products and Services unit

. Thermo Fisher Scientific has concluded its previously announced acquisition of clinical research services provider PPD in a deal valued at $17.4bn in cash, assuming the net debt of nearly $3bn.

Who bought PPD?


Thermo Fisher Scientific, Inc.

announced Wednesday that it's finalized the purchase of PPD for $17.4 billion, according to a press release from the company. Thermo Fisher Scientific announced its plans to buy PPD and take on approximately $3 billion of the company's debt back in April.

Who are Thermo Fisher competitors?

Thermo Fisher Scientific competitors include

Agilent Technologies, Beckman Coulter, Bruker Corporation and Bio-Rad Laboratories

.

Where is Honeywell on the Fortune 500?

Known for making everything from cockpit controls to N95 masks, Honeywell dipped two spots, to

No. 94

, on this year's list.

Is Thermo Fisher a Fortune 100 company?



Thermo Fisher Scientific is a Fortune 100 company

, they're a global leader serving the science community, and we are absolutely thrilled to welcome them to Mebane and they're going to be a fantastic corporate citizen,” Parker said.

Ahmed Ali
Author
Ahmed Ali
Ahmed Ali is a financial analyst with over 15 years of experience in the finance industry. He has worked for major banks and investment firms, and has a wealth of knowledge on investing, real estate, and tax planning. Ahmed is also an advocate for financial literacy and education.