Thermo Electron acquires laboratory services provider LMSi
US-based Thermo Electron Corporation, a leading global supplier of laboratory instruments and services, has acquired Laboratory Management Systems (LMSi), of New Castle, Delaware.
US-based Thermo Electron Corporation, a leading global supplier of laboratory instruments and services, has acquired Laboratory Management Systems (LMSi), of New Castle, Delaware.
LMSi is a supplier of regulatory instrument and consulting services to the pharmaceutical and related industries, and specialises in performing instrument and computer systems validation, metrology, and certification. It has developed a broad portfolio of analytical instrument validation protocols and operating procedures that enable laboratories to comply with US FDA requirements.
LMSi generated revenues of US$11m in the 2003 fiscal year.
'This acquisition is an important step in our strat-egy to offer customers comprehensive laboratory solutions that include full product support, for almost any instrument, anywhere,' said Marijn E. Dekkers, presi-dent and ceo of Thermo Electron. 'Adding LMSi's regulatory and compliance expertise to our global laboratory service network will allow us to be a regulatory validation and consulting partner to customers who face increasing productivity, quality, and regulatory challenges.'