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Home » Thermo Fisher to buy molecular diagnostics company Qiagen for $11.5B
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Thermo Fisher to buy molecular diagnostics company Qiagen for $11.5B

March 3, 2020
By Liz Hollis
Thermo Fisher Scientific Inc., of Waltham, Mass., has made a bold play in the molecular diagnostics market, including infectious disease testing, with its proposed $11.5 billion acquisition of Qiagen NV, of Venlo, Netherlands. Word of the deal comes after reports late last year that named Thermo Fisher as a potential suitor for Qiagen. However, in late December, Qiagen said it had wrapped up a review of potential strategic alternatives and decided its standalone business plan represented the best opportunity for value creation.
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