Thermo Fisher Scientific Expands Bioanalytical Services in Europe
Thermo Fisher Scientific Expands Bioanalytical Laboratory Services
Thermo Fisher Scientific recently announced an exciting expansion of its bioanalytical laboratory services, marking a significant milestone in its mission to enhance drug development processes. This expansion focuses on a newly established bioanalytical lab in GoCo Health Innovation City in Gothenburg, Sweden. This advanced facility is designed to support the needs of pharmaceutical and biotech customers by providing cutting-edge laboratory services throughout all phases of drug development.
New Laboratory to Enhance Pharmaceutical Development
The new laboratory spans an impressive 29,000 square feet and is strategically positioned near the AstraZeneca research and development site. The lab's location underscores a collaborative approach to health innovation, as GoCo Health Innovation City aims to attract researchers and innovators from across the globe. This initiative is part of a broader strategy to foster an environment conducive to health advancements.
Expanded Bioanalytical Capabilities
Thermo Fisher Scientific's PPD clinical research business is expanding its bioanalytical capabilities to offer comprehensive, full-service solutions. This will cater to both small and large molecules, biomarkers, and innovative modalities. They are set to implement advanced technologies and methodologies such as cell-based assays, chromatography, flow cytometry, immunochemistry, and molecular genomics to enhance their service offerings.
Commitment to Innovative Technology
Leon Wyszkowski, president of analytical services in clinical research at Thermo Fisher Scientific, expressed his enthusiasm about this expansion. He emphasized the goal of deploying the most technologically advanced systems to develop assays supporting early drug discovery, which will play a crucial role in clinical trials. His commitment reflects Thermo Fisher’s overarching mission to enable customers to create a healthier world by providing them with accurate and timely data.
Fostering a Dynamic Ecosystem
Jacob Torell, CEO of Steptura, shared his excitement regarding Thermo Fisher's establishment in GoCo Health Innovation City. He believes their presence will considerably enhance the local ecosystem by bringing together cutting-edge technology and brilliant minds dedicated to shaping the future of health innovation.
Employment Opportunities and Future Plans
This expansion is not only significant from a technological standpoint but will also bring numerous employment opportunities. The laboratory is expected to create up to 140 positions, including highly skilled scientists and laboratory professionals. The new facility is anticipated to be completed by the end of 2025, and it will be outfitted with state-of-the-art instrumentation designed to support a wide range of GLP-compliant bioanalytical capabilities.
Comprehensive Global Network
In addition to the new lab in Sweden, Thermo Fisher Scientific operates an extensive global network of GMP-certified laboratories and vaccine science facilities worldwide. Their operations are strategically based in locations such as Middleton, Wisconsin; Highland Heights, Kentucky; Richmond, Virginia; Athlone, Ireland; Brussels, Belgium; Singapore; and Suzhou, China. This vast network enhances their ability to provide customers with unparalleled services across various stages of drug development.
About Thermo Fisher Scientific
Thermo Fisher Scientific Inc. stands as the world leader in serving science, generating annual revenues exceeding $40 billion. The company is committed to enabling its customers to make the world healthier, cleaner, and safer. By providing innovative technologies and services, Thermo Fisher empowers researchers and companies in life sciences, diagnostics, and therapeutic development. Their renowned brands, including Thermo Scientific, Applied Biosystems, and PPD, are crucial to their reputation as a leader in the industry.
Frequently Asked Questions
What is the main purpose of the new bioanalytical lab?
The new bioanalytical lab aims to support pharmaceutical and biotech customers in drug development phases by providing advanced laboratory services.
Where is the new laboratory located?
The laboratory is located in GoCo Health Innovation City, Gothenburg, Sweden, near the AstraZeneca research site.
How many jobs will the expansion create?
The expansion will create up to 140 positions for skilled scientists and laboratory support professionals.
What technologies will the laboratory utilize?
The lab will utilize advanced technologies including cell-based assays, chromatography, flow cytometry, and molecular genomics.
When is the new lab expected to be completed?
The new lab is expected to be completed by the end of 2025, enhancing Thermo Fisher's capabilities in Europe.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.
Related Articles
- Geoquip Marine Welcomes Rune Olav Pedersen as New CEO
- Wolters Kluwer Introduces CCH iFirm Validate for Efficient Audits
- Sineng Electric Makes Major Leap in U.S. Energy Storage
- September Brings Relief as French Inflation Slows Down
- Exploring Kamala Harris' Vision for a Fairer Economy
- VINCI Secures Major Highway Concession Amid Infrastructure Growth
- Japan Stock Market Sees Gains with Nikkei 225 Up Over 2%
- Examining the Fed's Rate Decisions Amidst Inflation Changes
- Carnival Corp. Earnings Preview and Growth Potential Insights
- David Tepper Advocates for Strategic Investments in China
Recent Articles
- Japan Tobacco Inc. Refiles Tender Offer to Acquire VGR
- Roy Rogers Celebrates Educators with New Dining Perks Initiative
- Musk and Huang Envision AI-Powered Assistants Like R2-D2
- House Republicans Face Funding Setback Amid Shutdown Fears
- Nimble CRM Enhances Lead Engagement with Automation Features
- Unveiling the Largest Rooftop Mosaic: A True Artistic Marvel
- Asimov Unveils AAV Edge: Transforming Gene Therapy Tech
- Understanding API Vulnerabilities: A Growing Threat to Businesses
- Prepare Your Home for Winter: Tune-Up Day Insights
- Roku Ads Manager: Innovations for Today’s Marketing Landscape
- Embracing Circular Fashion: Celebrate Second Hand September
- Jennifer Hudson Joins Dawn Ducklings to Tackle Grease
- Benchmark Gensuite Celebrates Award for Genny AI Innovation
- Neat Launches First U.S. Experience Center in San Jose
- Affordable Weight Loss Solutions for Heroes from Hims & Hers
- NIQ Brandbank Launches Initiative for Women's Health Discoverability
- Luxury Apartments Now Available in Los Angeles via CMCT
- Azitra Announces Fast Track Designation for Innovative Skin Therapy
- Tivic Health Approved for ncVNS Study, Aiming to Enhance Treatment Options
- NTx Services Unveils Innovative mRNA Production Technology
- Texas Original Unveils Exclusive Texas OG Medical Strain
- Ralph Lauren Unveils Its Commitment to Sustainability in 2024
- aura Introduces a Revolutionary At-Home Health Experience
- Glycomine Advances GLM101 with FDA Fast Track Designation
- SentinelOne's Singularity Platform Shines at SC Media Awards
- AI Security Assessment Points to Risks in Machine Learning Tools
- Experience Wellness with Renude's New Reishi Cacao Launch
- Revolutionizing Kubernetes Troubleshooting with GenAI Solutions
- Strategic Biofuels Unveils Guide for Forestry Feedstocks and RFS Compliance
- Key Findings from Applause's Latest Digital Quality Report
- OWC Envoy Ultra SSD Earns CineD Best of Show Award
- HubSpot Revolutionizes Customer Engagement with New AI Launch
- Engaging Creators: Xsolla's Plans for TwitchCon 2024
- Discover Unforgettable Adventure in Baja with UnCruise
- Critical Funding Needed for Teen Mental Health Initiatives
- Celebrate National Ceiling Fan Day with Big Ass Fans Discounts
- Addressing New Challenges in School Attendance Rates Effortlessly
- Nex Playground Sets to Revolutionize Family Gaming This Holiday
- ProAmpac Unveils Sustainable Packaging Innovations at FACHPACK
- Upgrade Your Cessna Citation XLS with Garmin G5000 Now
- Unlocking Next-Generation Data Transmission with Innovation
- SiFive Unveils Innovative Solutions Leveraging RISC-V for AI
- Empowering Youth: The Importance of Voter Registration in Schools
- PandaDoc Unveils Innovative CPQ Solution for Sales Teams
- Wright Defense Unveils Next-Gen Dynamo Smart Generator
- Alzprotect's AZP2006: A Promising Treatment for PSP Patients
- OptiTrack Enhances Production Facility for Global Impact
- Enhancing Cybersecurity: CrowdStrike's Unified Innovations Unveiled
- Exploring CrowdStrike's Latest Innovations in Cloud Security
- Exploring 'Letter to the American Church' on SalemNOW