On August 23, Thermo Fisher Scientific, a global leader in scientific services, announced that it had successfully completed the acquisition of Phadia in Sweden. Phadia is a global leader in allergy, asthma and autoimmune diagnostics. It is headquartered in Uppsala, Sweden and employs approximately 1,500 people worldwide. After the acquisition, Phadia will officially join Thermo Fisher's professional diagnostics business.

The acquisition of Phadia strengthens Thermo Fisher's leadership position in the high-growth professional diagnostics market. In response, Marc N, President and CEO of Thermo Fisher Global. Mr. Casper said: “We are pleased to have completed the acquisition of Phadia. The addition of Phadia Company provides a good opportunity for Thermo Fisher's rapid growth in the US market, and at the same time makes our performance in emerging markets more prominent. We welcome Phadia’s Employees join our team and look forward to working together to provide quality services to customers who want to improve their medical care through better diagnosis."

Founded in 1967, Phadia has become an industry leader and continues to bring new allergy diagnostic tests to the market. In 2010, company sales totaled 367 million euros (approximately 525 million U.S. dollars). Phadia's portfolio includes two major brands: ImmunoCAP® for allergy testing and EliATM for autoimmune.

About Thermo Fisher Scientific Thermo Fisher Scientific (NYSE: TMO) is the world leader in scientific services. We are committed to helping our customers make the world healthier, cleaner and safer. The company has annual sales of approximately 11 billion U.S. dollars and employs approximately 37,000 people. Major customer types include: pharmaceutical and biotechnology companies, hospitals and clinical diagnostic laboratories, universities, research institutes and government agencies, and environmental and industrial process control industries. With the two leading brands Thermo Scientific and Fisher Scientific, we combine continuous technological innovation with the most convenient procurement solutions to create value for our customers, shareholders and employees. Our products and services help accelerate the pace of scientific discovery and help customers solve the various challenges encountered in the analysis field, whether for complex research projects or routine inspections or industrial field applications.