Thermo to Sell Point of Care and Rapid Diagnostics Business
Over the past several years, Thermo has built its Life and Laboratory Sciences business into a market leader through organic growth, acquisitions, alliances and select divestitures. The company has achieved leadership positions in laboratory equipment and scientific instrumentation, as well as informatics and services.
"Although the Point of Care and Rapid Diagnostics business has performed well, we do not believe it to be a strategic fit with Thermo's long term strategy for growth," Marijn Dekkers, president and chief executive officer of Thermo Electron commented.
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