Marc Casper, Thermo Fisher Scientific CEO (Photo by Suzanne Kreiter/The Boston Globe via Getty Images)

Ther­mo Fish­er ex­pects last­ing ben­e­fits to bill tar­get­ing Chi­nese ser­vice providers

Ther­mo Fish­er said it will be a “long-term ben­e­fi­cia­ry” of bio­phar­ma cus­tomers lo­cal­iz­ing their sup­ply chains, giv­en most of its net­work is based in the US and Eu­rope.

Clients are think­ing more se­ri­ous­ly about where their man­u­fac­tur­ing part­ners are based in light of po­ten­tial dis­rup­tions such as the Biose­cure Act, Ther­mo’s CEO Marc Casper said dur­ing its first-quar­ter earn­ings call. “Cus­tomers are turn­ing to us more than ever … It’s our job to help our cus­tomers through shift­ing land­scapes,” he added.

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