Thermo Fisher Scientific Strengthens Bioproduction Offering by Acquiring Advanced Scientifics, Inc.

Thermo Fisher Scientific Strengthens Bioproduction Offering by Acquiring Advanced Scientifics, Inc.

News

Thermo Fisher Scientific Inc., the world leader in serving science, today announced it has acquired Advanced Scientifics, Inc. (ASI), a global provider of single-use technologies for customized bioprocessing solutions, for $300 million in cash.

ASI designs, manufactures and delivers customized single-use systems and equipment for the preparation, processing, storage and transportation of biopharmaceuticals. The company has 380 employees and operations in Pennsylvania and Mexico.

WilmerHale is representing Thermo Fisher Scientific in this transaction, with a team led by Partner Hal Leibowitz that included Partners Joseph Conahan, Dr. Jan Heithecker, Paul Jakubowski, Belinda Juran, Amy Null, Julie Hogan Rodgers, Laura Schneider;  Counsel Ciara Baker; and Associates Iza Ryland and Julie Fogarty.

Thermo Fisher Scientific's press release can be found on their site