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Stock impact report

TMO Stock Set to Gain From the Expansion of Gibco Bacto Portfolio [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
The Gibco Bacto CD Supreme FPM Plus and Gibco Bacto CD Supreme Feed (2X) are two next-generation chemically defined formulations to enhance and simplify plasmid DNA and recombinant protein production using Escherichia coli (E. coli). The latest development represents a major advancement in microbial bioprocessing technology and is expected to bolster the company's Cell Culture and Cell Therapy business. After the announcement yesterday, TMO shares rose 0.7%, closing the session at $575.91. The Bacto CD Supreme platform is built on decades of Thermo Fisher's Gibco media innovation and quality heritage and extends the proven expertise in mammalian systems into microbial bioprocessing. Hence, the news should favorably support TMO stock's upward momentum. Thermo Fisher has a market capitalization of $215.01 billion. The company's earnings yield of 3.9% is well ahead of the industry's -3.5% yield. It surpassed earnings estimates in each of the trailing four quarters, delivering an ea Show less Read more
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