Thermo Electron acquires laboratory services provider

Waltham, MA November 10, 2003 Laboratory instruments and services supplier, Thermo Electron, says it 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, which it says generated revenues of US$11 million during its 2003 fiscal year.

LMSi specializes in performing instrument and computer systems validation, metrology, and certification, as well as a range of associated consulting services. The company has developed a broad portfolio of analytical instrument validation protocols and operating procedures that enable laboratories to comply with US Food and Drug Administration requirements.

“This acquisition is an important step in our strategy to offer customers comprehensive laboratory solutions that include full product support, for almost any instrument, anywhere,” says Marijn E Dekkers, president and chief executive officer 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.”