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Solventum jumped after drug manufacturer Thermo Fisher said it will buy the company's purification and filtration business for about $4.1 billion. (Reporting by Stephen Culp; Additional reporting ...

“But I’m not sure this is Thermo Fisher’s direction unless it wants to move into this area.” Solventum spun off from American multinational 3M in April 2024 and has a global footprint across the ...

Thermo Fisher Scientific is growing its lab equipment empire with a deal to buy 3M’s former purification and filtration business for $4.1 billion. Waltham-based Thermo is buying the business ...

Update 9:45am: Companies confirm deal details. Thermo Fisher Scientific (NYSE:TMO) confirmed that it agreed to purchase Solventum's purification and fitration unit for $4.1 billion in cash.

On the heels of a move to reduce its viral vector manufacturing workforce, Thermo Fisher is beefing up its biologics production business through a $4.1 billion acquisition. The buyout target is ...

(Reuters) -Contract drug manufacturer Thermo Fisher Scientific said on Tuesday it will buy Solventum's purification and filtration business for about $4.1 billion, sending the latter's shares up ...