Thermo Fisher Scientific, headquartered in Waltham, Massachusetts, is a global leader in scientific research services and technology. Founded in 1956, the company has grown into a multi-billion-dollar organization providing laboratory equipment, diagnostic tools, and life sciences solutions to customers across industries, including healthcare, academic research, environmental monitoring, and pharmaceuticals. Thermo Fisher's mission is to empower its clients by providing innovative solutions that accelerate scientific discovery and enhance patient outcomes.
With a global presence spanning over 100 countries and a workforce of more than 130,000 employees, Thermo Fisher offers a vast range of products and services, including reagents, consumables, instruments, software, and services designed to optimize scientific work. Their customer-centric approach, coupled with cutting-edge technologies, has made Thermo Fisher a key player in the scientific community.
CEO and Founder of Thermo Fisher Scientific
Thermo Fisher Scientific was established in 1956 through the merger of two companies, Thermo Electron and Fisher Scientific, both pioneers in scientific instruments and laboratory supplies. The company was co-founded by George Hatsopoulos and Peter M. Nomikos, with a vision to bring advanced technology to scientific research. Over the years, Thermo Fisher has evolved through numerous acquisitions and partnerships, solidifying its position as a market leader.
Marc N. Casper is the current CEO of Thermo Fisher Scientific, having taken the role in 2009. Under Casper's leadership, the company has significantly expanded its portfolio, particularly in life sciences and diagnostic tools. With a focus on strategic acquisitions, Thermo Fisher has increased its market share in healthcare, biotechnology, and pharmaceuticals, driving its annual revenue past $40 billion in 2024.
List of Top Companies Under Thermo Fisher Scientific
Thermo Fisher Scientific has acquired and integrated several companies over the years to broaden its capabilities and market reach. Below is a list of top companies owned by Thermo Fisher Scientific, along with their approximate valuations.
| Company Name | Year Acquired/Founded | Valuation | Industry |
|---|---|---|---|
| Life Technologies | 2014 (Acquired) | $13.6 Billion | Biotechnology/Genetics |
| Patheon | 2017 (Acquired) | $7.2 Billion | Pharmaceutical Manufacturing |
| Qiagen (Pending Acquisition) | 2020 (Announced) | $11.5 Billion | Molecular Diagnostics |
| FEI Company | 2016 (Acquired) | $4.2 Billion | Electron Microscopy |
| Affinity Biosciences | 2018 (Acquired) | Undisclosed | Biopharmaceuticals |
| Phadia | 2011 (Acquired) | $3.5 Billion | Immunodiagnostics |
| Brammer Bio | 2019 (Acquired) | $1.7 Billion | Gene Therapy Manufacturing |
| Alfa Aesar | 2015 (Acquired) | $405 Million | Research Chemicals |
| Mesa Biotech | 2021 (Acquired) | $450 Million | Point-of-Care Diagnostics |
| PEAK Scientific | 2019 (Acquired) | $350 Million | Gas Generators |
FAQs About Thermo Fisher Scientific
Q1: When was Thermo Fisher Scientific founded, and by whom?
A: Thermo Fisher Scientific was formed in 1956 through the merger of Thermo Electron and Fisher Scientific. It was co-founded by George Hatsopoulos and Peter M. Nomikos.
Q2: Who is the current CEO of Thermo Fisher Scientific?
A: Marc N. Casper has been the CEO of Thermo Fisher Scientific since 2009 and has overseen the company’s significant growth and expansion.
Q3: What does Thermo Fisher Scientific specialize in?
A: Thermo Fisher Scientific specializes in scientific research equipment, laboratory tools, life sciences solutions, diagnostic products, and biopharmaceutical manufacturing services.
Q4: What are some of the top companies owned by Thermo Fisher Scientific?
A: Some top companies under Thermo Fisher include Life Technologies, Patheon, FEI Company, Brammer Bio, and Phadia.
Q5: How has Thermo Fisher contributed to the healthcare and life sciences industries?
A: Thermo Fisher provides essential tools and technologies for scientific research, drug discovery, clinical diagnostics, and biopharmaceutical manufacturing, accelerating advancements in healthcare and life sciences.
Q6: What is Thermo Fisher’s global presence?
A: Thermo Fisher operates in over 100 countries and serves a wide range of industries, including biotechnology, healthcare, academia, and environmental sciences.
