Collaboration with SRI International
On July 10, 2017, Thermo Fisher Scientific (TMO) announced its collaboration with SRI International to enable researchers to carry out more effective and efficient small molecule research and analysis based on mass spectrometry. The collaboration should help to accelerate TMO’s mass spectrometry business.
The collaboration should provide researchers with the combination of the high-resolution Orbitrap liquid chromatography and mass spectrometry experiments’ results from TMO’s Compound Discoverer 2.1 software platform and the organism-specific metabolic pathway and genome data from SRI International’s BioCyc database.
The Orbitrap franchise is already an established product technology in the market, and the collaboration will further strengthen TMO’s Life Sciences Solutions business and help it to expand its presence in the space.
SRI International is a California-based independent research company. The company was founded at Stanford University as Stanford Research Institute, and it separated from the university in 1970. SRI International provides client-sponsored research to various commercial and government organizations.
Other major companies in the US medical device industry, including Medtronic (MDT), Becton, Dickinson and Company (BDX), and Abbott Laboratories (ABT), have also adopted strategic collaborations and partnerships as major strategies for the growth and expansion of their existing businesses. In this way, they provide their customers with more comprehensive and efficient product offerings.
Investors interested in gaining exposure to Thermo Fisher Scientific and its peers can consider the Vanguard Health Care ETF (VHT), which holds ~2.0% in TMO.
According to Andreas Hummer, Thermo Fisher’s director of proteomics and metabolomics marketing, chromatography, and mass spectrometry, “Today, metabolomics researchers can measure thousands of small molecules, but it can be challenging to know which cellular systems are behaving differently in the studied condition compared to a control.”
Hummer continued, “The new integration will allow scientists using Compound Discoverer to automatically map the most detected compounds to BioCyc metabolic pathway diagrams and to connect additional experimental data, such as relative abundance or differential expression, onto the pathways.”
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