TMO
NYSE:TMO
Thermo Fisher Scientific Inc.
- Stock
419.89
−2.12%
−64.90
news - 2 hours ago
Mercury Analyzer Market to Hit $426 Million by 2029: Key Growth Drivers Explained
The global mercury analyzer market is projected to grow from USD 310 million in 2024 to USD 426 million by 2029, representing a CAGR of 6.6%. This growth is driven by stringent environmental regulations, increasing industrialization in emerging economies, rising awareness of mercury's health and environmental risks, and technological advancements in detection methods. The cold vapor atomic fluorescence (CVAF) segment is expected to grow at the highest CAGR due to improved sensitivity and precision, while the environmental monitoring segment—covering air, water, and soil—will lead in adoption. The Asia Pacific region is forecasted to experience the highest CAGR, fueled by rapid industrialization, strict emission standards, and growing investment in environmental monitoring technologies. Key players include Teledyne Leeman Labs, Tekran Instruments Corporation, Thermo Fisher Scientific, PerkinElmer, Milestone Srl, Analytik Jena GmbH+Co. KG, Nippon Instruments Corporation, Hitachi High-Tech Corporation, Lumex Instruments, and ENVEA.
manilatimes.netnews - 2 hours ago
Thermo Fisher Scientific (TMO) Oncomine Dx Test Gains FDA Approval for NSCLC Treatment
Thermo Fisher Scientific has received FDA approval for its Oncomine Dx Target Test as a companion diagnostic for HERNEXEOS, a treatment for non-small cell lung cancer (NSCLC). This approval supports the company's expansion in precision medicine and strengthens its position in the biotech and pharmaceutical sectors. The development is expected to boost revenue and earnings forecasts, with analysts projecting annual revenue growth of 4.8% and earnings reaching US$8.9 billion by 2028. Despite strong market sentiment and positive macroeconomic data, Thermo Fisher's share price of US$462.39 remains below the consensus price target of US$550.28, indicating potential upside for investors.
sg.finance.yahoo.comnews - 2 hours ago
Lab Automation Market Set to Witness Significant Growth by 2033 |
The global Lab Automation Market was valued at USD 6.1 billion in 2023 and is projected to reach USD 11.24 billion by 2033, growing at a compound annual growth rate (CAGR) of 6.3% from 2024 to 2033. Growth is driven by advancements in laboratory technologies, increasing demand for high-throughput testing, and applications in drug discovery, clinical diagnostics, and genomics. North America currently holds the largest market share due to its strong pharmaceutical and biotechnology sectors, while the Asia-Pacific region is expected to grow at the fastest pace due to expanding healthcare infrastructure and research activities. The report profiles key market players including Thermo Fisher Scientific, Agilent Technologies, Beckman Coulter, PerkinElmer, Tecan Group, Hamilton Company, and Danaher Corporation, analyzing their market share, product portfolios, revenue, and competitive strategies across regions.
openpr.comnews - 2 hours ago
Adial's Genetic-Targeted Alcohol Treatment Heads to Phase 3 After FDA Green Light
Adial Pharmaceuticals has achieved a major regulatory milestone by successfully completing its End of Phase 2 meeting with the FDA for its AD04 drug, a genetically targeted therapy for Alcohol Use Disorder (AUD). The FDA provided favorable input on key trial design elements, including patient population selection, endpoints, and biomarker stratification, paving the way for the initiation of Phase 3 trials. The company has strengthened its financial and manufacturing position through a $3.0 million public offering, which increased its cash reserves to $5.9 million as of June 30, 2025. It also secured U.S. manufacturing partnerships with Thermo Fisher Scientific and Cambrex to reduce supply chain risks and enhance its Chemistry, Manufacturing, and Controls (CMC) readiness. Adial filed an updated provisional patent for AD04, expected to protect its core assets until at least 2045. Despite improved financial discipline—reducing R&D and G&A expenses by 28% and 10%, respectively—the company remains in a cash-burning phase, with current funds projected to support operations only into Q2 2026. The company has regained Nasdaq compliance and is now actively pursuing strategic partnerships to accelerate its development path.
stocktitan.netnews - 4 hours ago
Focus: China pharma firms turn to local reagent suppliers to cut costs and delivery times
Pharmaceutical research and development firms in China are increasingly sourcing critical lab reagents from domestic manufacturers such as Shanghai Titan Scientific and Nanjing Vazyme Biotech to reduce costs and improve delivery times. This shift is driven by rising import duties from the U.S. trade war, concerns over supply chain reliability, and the high timeliness demands of pharmaceutical development. While imported reagents from Western companies like Thermo Fisher Scientific and Merck previously dominated the market, local suppliers are gaining traction, with over 90% of Vazyme's customers now actively considering or making the switch. The Chinese reagent market, valued at $5.76 billion in 2024, has seen a slight decline from 2023, but local firms are forecasting strong revenue growth—Titan by 22% to 3.52 billion yuan and Vazyme by 15% to 1.59 billion yuan. Shares in both local firms have risen significantly since the start of the year, while shares in Western suppliers have declined. Merck and Roche are responding with investments in China, including Merck's €70 million facility in Nantong and Roche's expansion in Suzhou, to better serve local demand. However, switching reagents remains challenging due to regulatory, consistency, and technology access barriers.
reuters.comDescription
Thermo Fisher Scientific Inc. provides life sciences solutions, analytical instruments, specialty diagnostics, and laboratory products and biopharma services in the North America, Europe, Asia-Pacific, and internationally. The company's Life Sciences Solutions segment offers reagents, instruments, and consumables for biological and medical research, discovery, and production of...Show More
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