Newton, MA – Labshares, GreaterBoston's leading shared laboratory solution for biotech companies, today announces the renewal and expansion of its partnership with Thermo FisherScientific, the global leader in scientific research services. This five-yearagreement solidifies Thermo Fisher as Labshares’ premiere sponsor and underscores both organizations' commitment to support emerging biotech and life science companies.

Under the expanded agreement, Thermo Fisher will continue to provide Labshares members with access to the latest laboratory equipment and techniques, including some of Thermo Fisher's most advanced new instrumentation. Members will also benefit from training programs to optimize the use of this cutting-edge equipment. Additionally, Thermo Fisher will provide critical ongoing OEM equipment maintenance and calibration, ensuring reliability and performance for Labshares’ research-driven community. 

This support from Thermo Fisher is particularly beneficial for Labshares' member companies, allowing them access to cutting-edge, reliable equipment in a highly capital-efficient manner. 

Shared Commitment to Support Biotech and Life Science Companies

Philip Borden, CEO of Labshares, highlighted the partnership’s significance: “Thermo Fisher Scientific has been an outstanding partner, providing the essential tools and support that enable our members to focus on what matters most--advancing their science. We’re thrilled to continue building on this strong foundation for another five years.”

Pete Conway, Senior Vice President at Thermo Fisher Scientific, shared his enthusiasm: “Labshares has established itself as a premiere destination for emerging biotech companies in Greater Boston and its member companies have track record of success. We are proud to extend and expand our relationship and provide the tools and expertise needed to help their members advance their science.”

David Baxley, VP of Operations at Labshares, stated: “Thermo Fisher’s resources and expertise are invaluable to our members. Their advanced technologies, such as flow cytometry, and expert on-site support allow Labshares to maintain >99% equipment uptime for our customers while enabling our members to stay capital efficient.”

Supporting the Growth of Emerging BiotechCompanies

Labshares, home to nearly 30 companies, has become the go-to shared lab facility in Greater Boston. Built on three key pillars – streamlined startup, scalability, and professional lab operation management – Labshares empowers growing biotechs to operate and thrive in a capital-efficient manner.

‍

Labshares enables companies to focus on advancing their science by providing them with the tools to quickly establish operations, the flexibility to scale as needed without long term commitment or risk, and the support of expertly managed lab operations.

‍

Labshares’ renewed partnership with Thermo Fisher Scientific amplifies these advantages by offering:

·       Access to the newest cutting-edge scientific tools

·       Comprehensive training for advanced equipment

·       On-site maintenance, calibration and support to ensure seamless lab functionality.

‍

Together, Labshares and Thermo Fisher Scientific are enabling biotech innovators to maximize their potential while remaining lean and efficient.

For more information, visit www.labshares.com or contact us at 617-546-5835.

‍