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Stock impact report

Life Science Tools Market To Reach USD 400.2 Billion By 2032 | DataHorizzon Research [Yahoo! Finance]

Thermo Fisher Scientific Inc (TMO) 
Last thermo fisher scientific inc earnings: 4/22 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Fort Collins, Colorado, April 25, 2024 (GLOBE NEWSWIRE) -- The rise in demand for personalized medicine represents growth opportunities for the life science tools market. The growing demand for personalized medicine signifies a substantial opportunity for the life science tools market. Personalized medicine endeavors to customize medical treatments based on an individual's genetic makeup, lifestyle factors, and environmental influences, yielding more precise and efficacious therapies. The advancement of personalized medicine critically hinges on using advanced life science tools, including genomic sequencing, molecular diagnostics, and bioinformatics platforms. According to a report by the Personalized Medicine Coalition, the proportion of personalized medicines receiving approval from the U.S. Food and Drug Administration (FDA) has surged from 5% of all new drug approvals in 2005 to 25% in 2020. This trajectory is poised to persist, fueled by the deepening comprehension of disea Show less Read more
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