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Life Technologies Extends Thermo Fisher’s Reach Into Clinical Practice

Thermo Fisher’s $13.6 billion bid for Life Technologies is a blockbuster move within the instrumentation and consumables space, and also has implications for clinical practice. It’s another sign of the growing recognition that integrating clinical workflow is an important potential area for innovation and growth, along with the desire to move genomics tools into clinical use and the development of test content by nontraditional players in diagnostics.

Clearly a blockbuster consolidating move within the instrumentation and consumables space, the April acquisition of Life Technologies Corp. by Thermo Fisher Scientific Inc. is also a sign of the growing recognition that integrating clinical workflow is an important potential area for innovation and growth. As well, it reflects the desire to move genomics tools into clinical use and the interest among nontraditional players in pursuing diagnostics.

Thermo Fisher won a four-month bidding war for LifeTech, agreeing to shell out $13 billion in cash plus assumption of...

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