Thermo Fisher Scientific: A Quality Company Trading At A Quality Price

4/23/18

Thermo Fisher Scientific: A Life Sciences Industry Leader

One company which has benefited from the growth of the life sciences industry is Thermo Fisher Scientific (TMO). Thermo Fisher Scientific is a relatively recent creation, coming about in 2006 as the result of a merger between Thermo Electron and Fisher Scientific. However, both of these companies have a rich heritage, with Fisher Scientific getting its start in 1902 and Thermo Electron being founded in 1956.

Since joining forces, the combined company has grown into a giant within the life sciences industry. Thermo Fisher serves over 400,000 customers within the life sciences industry. Their customer base runs the gamut from biotech companies to hospitals to government agencies. The company sells this customer base everything from disposable gloves to mass spectrometers to next-generation gene sequencing services.

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