boston scientific ceo history
Fisher became a supplier of lab equipment and reagents for the area's industrial research. Amend.[2]. Chairman and Chief Executive Officer . Fisher acquired Eastman Kodak Company's organic-chemicals business and Janssen Chimica, forming Acros Organics. The combined company has added significantly to its technologies, workforce, and revenues through the acquisition of other reagent, consumable, instrumentation, and service providers, including Life Technologies Corporation in 2013 (for US$ 13.6 billion, for probe reagents and advanced DNA sequencing services), Advanced Scientifics (US$ 300 million, for bioprocessing technologies) and Alfa Aesar (US$ 405 million, for research chemicals), both in 2015; Affymetrix (US$ 1.3 billion, for gene chip technologies) and MTI-GlobalStem (amount unknown, for cell transfection and neurobiology), both in 2016; FEI Company (US$ 4.2 billion, an electron microscope manufacturer),[verification needed] Finesse Solutions (amount unknown, for bioproduction control systems and software), Core Informatics (amount unknown, for cloud-based scientific data management), and Patheon (US$ 7.2 billion, for its contract development and manufacturing services), all in 2017;[verification needed] Becton, Dickinson's Advanced Bioprocessing business in 2018 (amount unknown, for further bioprocessing products); and Brammer Bio in 2019 (US$ 1.7 billion, for gene therapy manufacturing capabilities). [30], In September 2018, Thermo Fisher Scientific announced it had signed a definitive agreement with Becton, Dickinson and Company (BD) to acquire their Advanced Bioprocessing business. In February 2019, Thermo Fisher announced that it would stop selling its equipment in Xinjiang. As of 2017, the company had revenues of $21 billion and was a Fortune 500 company. When Dr. Homer Stryker, an orthopaedic surgeon from Kalamazoo, Michigan, USA, found that certain medical products were not meeting his patients’ needs, he invented new ones. [11], Currently, the company's products are sold under the brand names of Thermo Scientific, Fisher Scientific, and several other recognized brand names (e.g. The merger was valued at $12.8 billion. [9] In April 2007, Genevac was sold to Riverlake Partners LLC[10] and the merger closed with FTC approval. Healthcare Professionals. [25], In February 2017, the company acquired Finesse Solutions, Inc., developer of scalable control automation systems and software for bioproduction after receiving early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act. In 1992, Fisher facilities were ISO-9000 certified. [according to whom? DANIEL J. BRENNAN Executive Vice President and Chief Financial Officer . Parts of this article (those related to role in coronavirus testing for the USA) need to be, provisioner of scientific consumables, equipment, and services. It acquired Chicago-based Stansi Scientific Company in 1967, expanding into educational science supplies. ... Boston Scientific is dedicated to transforming lives through innovative medical solutions that improve the health of patients around the world. [51] A report from ASPI finding Thermo Fisher collaborated with the Chinese Ministry of Public Security to develop a Huaxia PCR amplification kit specifically to identify the genotypes of Uyghur, Tibetan and Hui ethnic minorities[52]. Boston Scientific is dedicated to transforming lives through innovative medical solutions that improve the health of patients around the world. Boston Scientific Said to Put Snake Venom Unit Up for Sale, Global Flow Diversion Aneurysm Treatment Market- Featuring Acandis GmbH, Boston Scientific Corp., Cardinal Health Inc., Among, Growth in Gastrointestinal Bleeding Treatment Market Being Fuelled by Increasing Adoption of Endoscopic Hemostasis as Primary. [15], In April 2013, after a competitive bidding with Hoffmann-La Roche,[16] Thermo Fisher acquired Life Technologies Corporation for US$13.6 billion in a deal, adding further service lines related to advanced DNA sequencing and genetic testing. Operating as a subsidiary of Allied Corporation (and later AlliedSignal Inc., and The Henley Group), Fisher established a Biotechnology Division in 1985. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. [citation needed], In May 2006, Fisher Scientific and Thermo Electron announced that they would merge in a tax-free, stock-for-stock exchange. How Boston Scientific is Responding to the COVID-19 Pandemic. Thermo Fisher Scientific is an American provisioner of scientific instrumentation, reagents and consumables, and software and services to healthcare, life science, and other laboratories in academia, government, and industry (including in the biotechnology and pharmaceutical sectors). Forbes Best Employers for Diversity (2018 – 2020), FORTUNE World’s Most Admired Companies (2016 – 2020), Ranked #2 in the Medical Products and Equipment industry category (2020), Forbes America’s Best Large Employers (2016, 2017, 2019), Ranked #1 in the Health Care Equipment and Services industry (2019), Medical Device and Diagnostic Industry Company of the Year (2018), Shingo Prize for Operational Excellence (2016, 2019, 2020), NorthFace ScoreBoard Award for ‘World Class’ Customer Service (2016, 2018), Recognized 16 times since the award’s inception, GHX (Global Healthcare Exchange) Millennium Club (2015 – 2018), IndustryWeek Best Plants Award for Manufacturing Excellence (2015, 2017). [3] It focused on providing analytical and laboratory products, and had revenues of over $2 billion in 2004. [8][better source needed] On November 9, 2006, the companies announced that the merger had been completed. [2], Thermo Electron was co-founded in 1956 by George N. Hatsopoulos and Peter M Nomikos. Boston Scientific agreed to pay Johnson & Johnson $600 million in connection with Johnson & Johnson’s botched acquisition of Guidant, a medical device company, in 2004. Boston Dynamics is an American engineering and robotics design company founded in 1992 as a spin-off from the Massachusetts Institute of Technology.Headquartered in Waltham, Massachusetts, Boston Dynamics is a wholly owned subsidiary of the Japanese conglomerate SoftBank Group.. Boston Dynamics is best known for the development of a series of dynamic … [5][6] It focused on providing laboratory equipment, chemicals, supplies and services used in healthcare, scientific research, safety, and education.

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