The founding of Thermo Fisher Scientific dates back to 1902 when Chester Fisher established Fisher Scientific. In 2006, Fisher Scientific merged with Thermo Electron to establish Thermo Fisher Scientific Inc. Peter Nomikos and George Hatsopoulos cofounded Thermo Electron in 1956. Until the merger, Thermo Fisher provided laboratory and analytical products. On the other hand, Fisher Scientific produced and sold chemicals, laboratory equipment, and other supplies utilized in scientific research and healthcare settings.
Thermo Fisher Scientific continues to offer the products and services that each company used to produce before the merger. The company is organized in segments. The Life Sciences Solutions segment entails instruments and consumables used in healthcare settings and scientific research. Analytical Instruments is another segment that entails the production of instruments and consumables used in laboratories and factory floors. Other segments include Specialty Diagnostics and Laboratory Products and Services.
Thermo Fisher’s shares trade on the NYSE as TMO. The stock is part of the S&P 500 component. Thermo Fisher head office is located in Waltham, Massachusetts.