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NEW YORK (GenomeWeb) – Thermo Fisher Scientific on Thursday reported a 5 percent increase in fourth quarter and full-year 2019 revenues.

The Waltham, Massachusetts-based company had Q4 revenues of $6.83 billion, up from $6.51 billion in Q4 2018 and beating the consensus analyst estimate of $6.78 billion. Organic revenue also grew 5 percent, while acquisitions drove revenue up by 1 percent and currency effects decreased revenue by 1 percent.

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