PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Frost & Sullivan Recognizes Thermo Fisher Scientific for its Superiority in the Global Biobanking Products, Services and Solutions Market - Unlike competitors, the company offers comprehensive biobanking products, services and solutions aimed at improving quality and simplifying the management of biobanks
Frost & Sullivan Recognizes Thermo Fisher Scientific for its Superiority in the Global Biobanking Products, Services and Solutions Market

 

NewswireToday - /newswire/ - Mountain View, CA, United States, 2012/05/09 - Unlike competitors, the company offers comprehensive biobanking products, services and solutions aimed at improving quality and simplifying the management of biobanks.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Pharma/BioTech/Nutrition Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Based on its recent analysis of the integrated biobanking solutions market, Frost & Sullivan recognizes Thermo Fisher Scientific, the world leader in serving science, with the 2011 Global Frost & Sullivan Award for Company of the Year. Thermo Fisher is the world’s largest provider of biobanking products, services and solutions, enabling its customer to make the world healthier, cleaner and safer. The Company provides best of breed cold storage equipment, centrifuges and rotors, consumables, liquid handling tools such as automated pipettes and market-leading informatics software for the biobanking industry. Its Fisher BioServices business offers end-to-end outsourced service solutions for biorepositories and biobanks.

Currently, there are no other market participants with such a diverse and cutting-edge portfolio for the biobanking industry. With an increasing trend toward automation and more effective solutions for storage and sample handling, Thermo Fisher’s offerings set out to meet the needs of both large- and small-scale organizations, from research organizations and CROs to large biotech and pharmaceutical facilities worldwide. The company is an end-to-end biobanking resource, as it delivers software, sample handling and automation equipment, consumables, reagents and services. Due to its exceptional expertise in the area of informatics, the processes, including sample collection, processing, testing, storage and data management, can be managed seamlessly.

"Whether clients are building, expanding, or sustaining their own in-house biorepositories or needing to outsource the storage of their samples, Thermo Fisher's extensive product and service offering excels in all areas of the market penetration process by efficiently identifying challenges in the market and developing strategies, products and services to effectively address them," said Frost & Sullivan Senior Research Analyst, Ms. Divyaa Ravishankar. "The company has always stayed ahead of the competition by continually delivering innovative biobanking products and venturing into the latest creative collaborative projects, such as virtual biobanks."

The portfolio of biobanking products and services from Thermo Fisher addresses issues pertaining to sample location management, sample retrieval, preservation of sample integrity and accurate accessing of samples. The company's storage and tracking portfolio comprises Thermo Scientific Nunc and Matrix 2D integral barcoded tubes of varying volumes, Thermo Scientific Capit-All and Handheld decappers, and VisionMate 2D readers. The cold storage offerings include solutions from +4 °C refrigerators to -86 °C ultra-low temperature freezers and -196 °C cryogenic freezers including new Thermo Scientific CryoExtra high-efficiency cryogenic storage with the capacity to store up to 93,000 2mL vials in one tank.

The company's biobanking laboratory information management system (LIMS) offers superior data capture, integration and automation capabilities, eliminating transcription errors, providing biobanks with access to both raw and derived data, and lowering the total cost of ownership (TCO). To complete the portfolio, Fisher BioServices provides biorepository services, sample collection kits and sample processing services, including aliquoting, DNA/RNA extraction and amplification, and other processing required for genomic studies.

Thermo Fisher continues to build on its global brand image by executing an aggressive growth strategy and is uniquely positioned in this market on multiple counts. For instance, the LIMS market segment for biobanking is growing at a compound annual growth rate (CAGR) of 7.9 percent from 2011 to 2018, with most growth generated from the revenue contribution by Thermo Fisher. Similarly, the growth of biobanking consumables is expected to grow at a CAGR of 12.3 percent from 2011 to 2018, with Thermo Fisher likely to grab further market share through the addition of tubes to the 2D product line and other products that universalize its racks.

In terms of geographic market leadership, the LIMS business of Thermo Fisher has a strong presence in Europe, especially after acquiring customer projects from UK Biobank, Hunt Biobank and University of Lund. In North America, there are several upcoming academic and biotech biobank projects seeking a standardized solution across their consortium. Thermo Fisher is also supporting business models that involve virtual biobanks that want to centralize the information about the status of a particular disease. Thermo Scientific LIMS benefits its customers by creating a centralized and global view of inventory, web access to data, chain of custody, online sample registration and tracking, and much more. Finally, Thermo Fisher is working closely with a number of long-term large pharmaceutical customers to revolutionize biobanking.

Based on all these factors, Frost & Sullivan is proud to present Thermo Fisher with the 2011 Global Frost & Sullivan Award for Company of the Year in the integrated biobanking solutions market. Each year, Frost & Sullivan presents this award to the company that has demonstrated excellence in terms of growth strategy and implementation. The award recognizes a high degree of innovation with products and technologies, and the resulting leadership in terms of customer value and market penetration.

Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.

For more information about Thermo Scientific Biobanking solutions, call +1-866-463-6522, email marketing.informatics[.]thermofisher.com or
visit thermoscientific.com/biobankingresources.

About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Pharma/BioTech/Nutrition Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 

 
  Your Banner Ad showing on ALL
Pharma/BioTech/Nutrition articles,
CATCH Visitors via Your Competitors Announcements!


Frost & Sullivan Recognizes Thermo Fisher Scientific for its Superiority in the Global Biobanking Products, Services and Solutions Market

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Frost & Sullivan | Thermo Scientific
Publisher Contact: Mireya Espinoza 
210-247-3870 mireya.espinoza[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Pharma/BioTech/Nutrition via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Pharma/BioTech/Nutrition Most Recent Related Newswires:

Frost & Sullivan Commends Nemaura for Developing Superior Transdermal Drug Delivery Technology Platforms, the Memspatch and Micropatch
Greenphire Sponsors Second Annual Clinical Trial Agreements, Investigator Payments and Fair Market Value Meeting
Genentech’s Gazyva Helped People with Previously Untreated Follicular Lymphoma Live Significantly Longer
BD Announces Adoption of Windows 10 ‘Internet of Things’ for the Pyxis™ ES System
Greenphire Named to Deloitte 2016 Technology Fast 500™
Genentech Showcases New Clinical Data Across a Variety of Blood Diseases at American Society of Hematology 2016 Annual Meeting
BD Collaborates with JDRF to Focus on Extended Wear Innovations for Insulin Infusion Delivery
BD Launches First Syringe Designed for Use with Humulin® R U-500 Insulin
MDxHealth Announces Unique CPT Code Awarded for ConfirmMDx from the American Medical Association
BD MAX™ Vaginal Panel Receives FDA Market Authorization to Detect Most Common Causes of Vaginal Infections
Greenphire Receives EU-US Privacy Shield Certification
The 2016 Georges Mathé Prize Recognizes Research on the Immunological Determinants of the Response to Breast Cancer Treatment
MDxHealth Announces Agreement with HIFU CLINIC Prostate Cancer Center for Distribution of SelectMDx in Poland
First Patient in Malaysia Receives TheraSphere™ Radioembolisation Therapy
FDA Approves Genentech’s Lucentis® (Ranibizumab Injection) Prefilled Syringe

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  BizJobs.com

Visit  Triggr & Bloom





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)