Businesswireยท2025-10-01 14:59Core Insights - Thermo Fisher Scientific has announced a new R&D partnership with AstraZeneca BioVentureHub to enhance innovation in the life sciences sector [1][2][3] Partnership Details - The collaboration will focus on areas such as chromatography, molecular genomics, and proteomics, with a dedicated team from Thermo Fisher co-locating with AstraZeneca scientists [2][3] - This partnership aims to create exceptional conditions for breakthrough discoveries and progress in drug and analytical development [3] Strategic Location - The AstraZeneca BioVentureHub is situated in Gothenburg, Sweden, and is part of a growing innovation ecosystem that includes the GoCo Health Innovation City [4] - Thermo Fisher's new bioanalytical laboratory, expected to begin operations in March 2026, will support pharmaceutical and biotech customers globally [4][5] Company Background - Thermo Fisher Scientific is a leading company in the life sciences sector, with annual revenues exceeding $40 billion [6] - The company operates a global network of laboratories, including GMP and bioanalytical facilities in various locations worldwide [5][6] AstraZeneca BioVentureHub Overview - The BioVentureHub serves as an open innovation platform, providing access to AstraZeneca's scientific expertise and infrastructure for emerging life science companies and academia [8][9] - The hub promotes collaboration and innovation without AstraZeneca holding ownership or innovation rights over the participating companies [9]