Log in to your IBTimes Account

close
ID
Password

Thermo Fisher buys Affinity BioReagents



By AP
17 July 2008 @ 02:10 pm EST

WALTHAM, Mass. - Lab supply and scientific instrument maker Thermo Fisher Scientific Inc. on Thursday said it bought privately held Affinity BioReagents for an undisclosed amount.

Related Topic

Get stories by e-mail on this topic.

E-mail:

Golden, Colo.-based Affinity has made more than 35,000 reagents, which are used in medical and academic research and drug discovery. The company also makes antibodies, which are proteins the immune system makes in response to foreign substances, and recombinant proteins. Thermo Fisher will make Affinity part of its Analytical Technologies business.

Affinity BioReagents had approximately $6 million in revenue in 2007.

On July 1, Thermo Fisher bought Open Biosystems Inc., which develops tools to help scientists learn how to shut off genes that trigger disease. Open Biosystems was also bought for an undisclosed amount, and was added to the Analytic Technologies unit.

In afternoon trading, Thermo Fisher stock rose 70 cents to $57.18.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

    Click!
  • Rate this article:

Comments

Post Your Comment

You must be an IBTimes member to post a comment. Login | Register



advertisement
More Industries
They'll park some corporate jets, cut executive pay and serve up concessions from the United Auto Workers, but Ford Motor Co., General Motors Corp. and p...
The LIG Investment & Securities is breaking even only after 4 months of beginning the business.
South Korea's economic growth was slower in the third quarter than originally estimated, the central bank said Tuesday, further evidence that Asia's four...

Advertisement
Build Business Credit for your company with NO PERSONAL GUARANTEES!

Building your business and corporate credit for your small business.

Reach emerging Latin American markets!

Baldwin Linguas:
Translations Interpreting Localization:
English French Portuguese Spanish

Buy Foreclosures & Use Our Money

Split Big Profits! You Find it & We Fund it! Co-Own Or Cash Out! Get Free Info Kit Now!

advertisement
 
IBTimes.com Web
Partners
International Business Times© 2008 The Ibtimes Company. All Rights Reserved. Terms of service | Privacy Policy | Advertising | About Us | Contact Us | Archives