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Thermo Instrument--at various incarnations known as Thermo Water Management Inc., Thermo Environmental Corp., Thermo Instrument Systems, and Thermo Instrument Systems NV--made its public offering in 1986.
In 1987 the company joined in research collaboration with GEC-Marconi and The Institute of Biotechnology at The University of Cambridge, to investigate a new generation of evanescent wave sensors, the resonant mirror, resulting in the creation of IAsys technology.
Thermo Bioanalysis operated as part of Thermo Instruments from 1992-94.
In 1995, the company introduced its own range of consumables for nucleic acid extraction procedures, under the "Hybaid Recovery" brand name.
In February 1996, the company acquired substantially all of the assets of DYNEX Technologies Inc.--a division of Dynatech Corporation--for approximately $43.2 million.
In 1997, a new complementary area, Biosensor Products, became part of the company, and UK-based Denley Instruments Inc. was merged with LabSystems.
With 350 employees in 1997, sales units in 11 countries (including two joint ventures in China), a well-established worldwide distributor network supporting the company, and private labels and original equipment manufacturers working with the company--Thermo Bioanalysis continued to grow.
Additionally in 1998, The United States Food and Drug Administration granted subsidiary BioTransplant Inc. clearance to begin first-phase and second-phase clinical studies to evaluate its AlloMune system as an aid to reduce organ rejection in kidney transplant patients.
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