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Thermo Fisher Closes Phadia Deal

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WALTHAM, Mass., Aug. 23, 2011 — Thermo Fisher Scientific Inc. has completed the acquisition of Phadia of Uppsala, Sweden, a provider of blood tests for the clinical diagnosis and monitoring of allergies and autoimmune diseases. Phadia now is part of Thermo Fisher’s Specialty Diagnostics business. The company is expected to contribute $0.07 to Thermo Fisher’s 2011 full-year adjusted earnings per share (EPS), an increase of $0.01 over the original estimate. Because of the favorable financing rates for the fourth quarter, the US company has adjusted its full-year EPS, which could result in a 20% to 23% EPS...Read full article

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    Published: August 2011
    AmericasBiophotonicsblood test monitoringblood tests for clinical diagnosisBusinessearnings per shareEPSEuropeMassachusettsPhadiaSwedentesting for allergies and autoimmune diseasesThermo FisherThermo Fisher ScientificThermo Fisher Specialty Diagnostics

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