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TMO Stock May Rise Post New PCR Test in Collab With Coca-Cola Partner
ZACKSยท 2025-11-20 13:51
Core Insights - Thermo Fisher Scientific (TMO) has launched the Thermo Scientific SureTect Beverage Spoilage Multiplex qPCR assay, marking an industry-first all-in-one quantitative PCR-based test developed in collaboration with Coca-Cola Europacific Partners [1][2] Product Development - The new assay is part of the Thermo Scientific SureTect PCR System and allows for early and accurate detection of spoilage organisms in the beverage production process, applicable across the beverage testing industry [2] - The assay can detect over 100 strains of spoilage microorganisms, including preservative-resistant yeasts and molds, in a single qPCR reaction, which is a unique offering in the market [5] - By reducing testing time by up to 50% compared to traditional culture methods, the assay enhances manufacturers' confidence in batch release and improves consumer trust in beverage quality [6] Market Context - The global PCR market was valued at $4.90 billion in 2021 and is projected to grow at a CAGR of 8.7%, reaching $8.04 billion by 2027, driven by the rise in pathogen-related diseases and technological innovations [8] Financial Performance - Thermo Fisher has a market capitalization of $216.42 billion, with a Zacks Consensus Estimate forecasting a 3.9% increase in earnings and a 3.2% growth in revenues year-over-year [4] - TMO shares experienced a slight decline of 0.4% to close at $573.79 following the announcement, but the company has shown a positive trend with an 11.2% increase in share price over the past year compared to a 2.1% decline in the industry [3][11] Strategic Initiatives - In addition to the new assay, Thermo Fisher has opened an Advanced Therapies Collaboration Center in Philadelphia, enhancing its support for emerging startups and biopharma organizations [10]