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On May 8, 2006, Thermo Electron and Fisher Scientific announced that they would merge in a tax-free, stock-for-stock exchange; the merged company was named Thermo Fisher Scientific, and had about 30,000 employees, and reported US$9 billion in combined revenue. [14]
Investors are optimistic about Thermo Fisher's (TMO) better-than-expected fourth-quarter results and impressive COVID-19 response-related revenues.
Investors are optimistic about Thermo Fisher's (TMO) better-than-expected results and robust international performance.
In the latest trading session, Thermo Fisher Scientific (TMO) closed at $588.16, marking a -0.88% move from the previous day.
In the latest trading session, Thermo Fisher Scientific (TMO) closed at $662.73, marking a +1.12% move from the previous day.
Patheon is a service brand within Thermo Fisher Scientific's brand portfolio.Contract development and manufacturing organization (CDMO) services offered under the Patheon brand include small molecule API, biologics, viral vectors, cGMP plasmids, formulation, clinical trials solutions, logistics and commercial manufacturing and packaging.
The stock of Thermo Fisher Scientific (NYSE:TMO, 30-year Financials) is estimated to be fairly valued, according to GuruFocus Value calculation.
February 2020: PPD issues its initial public stock offering and begins trading on the Nasdaq Global Select Market under the symbol PPD. [18] April 2021: Thermo Fisher Scientific announces plans to acquire PPD. [19] December 2021: Thermo Fisher Scientific completes the acquisition of PPD. [20]