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Thermo Fisher Scientific Opens Advanced Therapies Collaboration Center in Greater San Diego to Help Accelerate Cell Therapy Development

1. Thermo Fisher opened a new Advanced Therapies Collaboration Center in California. 2. The facility aims to speed up cell therapy development for biotech and biopharma.

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FAQ

Why Bullish?

The new center boosts Thermo Fisher's position in the growing cell therapy market, historically linked to revenue increases.

How important is it?

The new facility enhances Thermo's service offerings, likely improving partnerships and sales in biotech sectors.

Why Long Term?

As demand for cell therapies rises, the center will contribute to sustained revenue growth over time.

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CARLSBAD, Calif.--(BUSINESS WIRE)--Thermo Fisher Scientific Inc., the world leader in serving science, today announced the grand opening of its Advanced Therapies Collaboration Center (ATxCC) in Carlsbad, Calif. This advanced facility is designed to accelerate the development and commercialization of cell therapies, specifically by supporting biotech, biopharma and translational customers developing cell-based immunotherapies. Through this new center, cell therapy developers can leverage Thermo.

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