ThermoFisher will buy Affymetrix to expand genetic testing

Laboratory supplies megalith ThermoFisher Scientific has agreed to buy US life science technology developer Affymetrix for around $1.3 billion (£900 million).

The deal will bring Thermo’s massive global sales and distribution network to bear on Affymetrix’s products, and boost Thermo’s position in the fast-growing areas of genetic testing, antibodies and assay technology.

Affymetrix develops genetic testing products directed at research and applied markets. A partnership with UK firm Bio-Genesys supplies genotyping services for farm animals to support selective breeding programmes.

Related Content

ThermoFisher Scientific to buy electron microscopy maker

2 June 2016 Business

news image

Deal will expand lab equipment provider’s instrument portfolio for life and materials sciences

US opens up home DNA screening

25 February 2015 Business

news image

FDA approves single disease genetic test and clears pathway for similar devices

Most Commented

Sweet tear sensor could ease pain of diabetes

29 June 2016 Research

news image

New non-invasive sensor could check blood glucose levels using tears

The sultan of synthesis

11 April 2014 Feature

news image

Phil Baran is spurring organic chemists to rethink how they make complex compounds, as Mark Peplow discovers