Thermo Fisher acquires US bioprocessing company

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  • Published: Feb 6, 2015
  • Author: Jon Evans
  • Source: Thermo Fisher Scientific
  • Suppliers: Thermo Fisher Scientific
  • Channels: Ion Chromatography / Gas Chromatography / Detectors / Sample Preparation / Laboratory Informatics / HPLC / Electrophoresis / Proteomics & Genomics / NMR Knowledge Base / MRI Spectroscopy / UV/Vis Spectroscopy / Raman / Proteomics / X-ray Spectrometry / Atomic / Base Peak / Infrared Spectroscopy / Chemometrics & Informatics

Thermo Fisher Scientific has acquired Advanced Scientifics Inc. (ASI), a US provider of single-use technologies for customized bioprocessing solutions, for $300 million in cash.

ASI designs, manufactures and delivers customized single-use systems and equipment for the preparation, processing, storage and transportation of biopharmaceuticals, including mixers, heat exchangers, fillers and integrity testing systems. It also develops single-use fluid management systems and contract manufacturing solutions for the medical device, diagnostic and drug delivery markets.

‘ASI’s intense customer focus has led to the development of innovative solutions that complement our existing single-use technologies and expand our offering across the bioprocessing workflow,’ said Marc Casper, president and chief executive officer of Thermo Fisher Scientific. ‘We see this acquisition as a great opportunity to meet customer demand for quality and productivity in bioprocessing, and plan to leverage our global reach to bring these innovative products to a larger customer base.’

With sales of approximately $80 million in 2014, ASI has 380 employees and operations in the US, the UK and Mexico. Thermo Fisher plans to integrate ASI into its Life Sciences Solutions segment.

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