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Bio Saga

Tuesday, June 3, 2008

Thermo Fisher Acquires Indian Analytical Instruments Firm

Thermo Fisher Scientific said after the close of the market on Monday that it has acquired Chemito Technologies, a Mumbai, India-based supplier of analytical instruments for life sciences and environmental monitoring applications.
Thermo Fisher said that Chemito has annual revenues of roughly $10 million and manufactures its own instruments for gas chromatography, atomic absorption, and UV-Vis spectroscopy. The Waltham, Mass.-based firm will integrate Chemito into its Analytical Technologies segment.
“The strong reputation Chemito has developed through its extensive sales network, now complemented by Thermo Fisher’s breadth of scientific and environmental instrumentation, extends the services we can provide to our customers throughout India,” Thermo Fisher President and CEO Marijn Dekkers said in a statement.
The purchase price was not disclosed.

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Life Science and Informatics

What is this?
is this a new industry?
or a old wine in a new bottle?

Well Life Sciences and Informatics can be anything form computational biology, all omes and omics, core bioinformatics to curation and literature mining, database creation, in the area of biology, chemistry , bio-chem space.

There are number of companies in India and bangalore is the forefront as a major bio-cluster with 20 to 30 companies in this sphere.

now how good are these companies doing?
how good are they in terms of the international markets and how profitable is their business?
what do they do?
their clients?

These are some interesting things that could be discussed in this blog page...

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