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Thermo BioAnalysis company history timeline

1996

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.

1997

By 1997, the pharmaceutical, biotech research, and bioinstrumentation industries were increasing research efforts, with the market being estimated in the $2-2.5 million range.

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.

1998

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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Founded
1995
Company founded
Headquarters
Santa Fe, NM
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