The acquisition will strengthen Thermo Fisher's portfolio of UV-Vis spectrophotometry instruments for applications involving small sample volumes. For example, micro-volume samples are used in emerging life sciences research that involves measurement of DNA and proteins. NanoDrop, which is based in Wilmington, Delaware, has annual revenues of approximately $35 million.
"Growing demand from our laboratory customers to accelerate sample preparation time is now compounded by the need to work with smaller sample sizes," said Marijn E. Dekkers, president and chief executive officer of Thermo Fisher Scientific.
"NanoDrop's patented technologies uniquely allow customers to quickly and easily analyze difficult micro-volume samples without the need for dilution. This preserves precious samples to greatly increase laboratory productivity."
NanoDrop currently produces three products - the NanoDrop® ND-1000 and ND-8000 UV-Vis spectrophotometers and the NanoDrop® ND-3300 fluorescence spectrophotometer. These instruments are highly versatile tools that are suitable for a wide variety of laboratories and uses, including life sciences research and industrial applications.
The NanoDrop product line will be integrated into Thermo Fisher's scientific instruments business, part of its Analytical Technologies Segment, and will be marketed under the company's Thermo Scientific technology brand.