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Thermo Fisher Scientific Completes Acquisition of Mesa Biotech

Thermo Fisher Scientific Completes Acquisition of Mesa Biotech
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New technology enhances Penn State s COVID contact tracing, data tracking effort

University implements Salesforce Health Cloud to help manage coronavirus case investigations Penn State has implemented Salesforce Health Cloud to enhance its ability to manage coronavirus case investigations and help speed up contact tracing processes for students and employees who are COVID-positive or a close contact. Image: Penn State New technology enhances Penn State s COVID contact tracing, data tracking effort February 17, 2021 UNIVERSITY PARK, Pa. At the start of the spring semester, Penn State launched a new platform across all of its campuses that increases the University’s ability to manage coronavirus case investigations and helps speed up contact tracing processes for students and employees who are COVID-positive or a close contact.

Thermo Fisher Scientific to acquire point-of-care molecular

Industry News: Thermo Fisher Scientific to acquire point-of-care molecular diagnostics provider Mesa Biotech The acquisition aims to meet continuing demand for COVID-related testing as well as develop point-of care tests for future infectious diseases 22 Jan 2021 Thermo Fisher Scientific Inc., a world leader in serving science, has announced it has entered into a definitive agreement to acquire Mesa Biotech, Inc., a privately held molecular diagnostic company, for approximately $450 million in cash. Under the terms of the agreement, Thermo Fisher will pay up to an additional $100 million in cash upon the completion of certain milestones following the close of the transaction. Mesa Biotech has developed and commercialized a PCR-based rapid point-of-care testing platform available for detecting infectious diseases including SARS-CoV-2, Influenza A and B, respiratory syncytial virus (RSV) and Strep A. Mesa Biotech s patented technology expands the availability of gold standard

Thermo Fisher acquires Mesa Biotech for $450M

Thermo Fisher To Buy Molecular Diagnostics Company Mesa Biotech For About $450 Mln

Thermo Fisher To Buy Molecular Diagnostics Company Mesa Biotech For About $450 Mln WASHINGTON (dpa-AFX) - Thermo Fisher Scientific Inc. (TMO) said Tuesday it has agreed to acquire Mesa Biotech, Inc., a privately held molecular diagnostic company, for about $450 million in cash. Under the terms of the deal, Thermo Fisher will pay up to an additional $100 million in cash upon the completion of certain milestones following the close of the transaction. Thermo Fisher expects the transaction to be completed in the first quarter of 2021. Upon completion, the business will become part of Thermo Fisher s Life Sciences Solutions Segment. Mesa Biotech has developed and commercialized a PCR-based rapid point-of-care testing platform available for detecting infectious diseases including SARS-CoV-2, Influenza A and B, respiratory syncytial virus (RSV) and Strep A.

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