News | June 3, 2016

Biocom Purchasing Group Revolutionizes Lab Supply Solutions By Partnering With Fisher Scientific Channel

Rigorous eighteen-month RFP process has yielded game-changing terms exclusive to Biocom members.

San Diego, CA /PRNewswire/ - The highly anticipated 2016 Biocom Purchasing Group Lab Supply contract was awarded to the Fisher Scientific channel after an eighteen-month, member-driven RFP process that was the first deep open market dive in over eighteen years. Biocom Purchasing Group, the world-class group purchasing organization servicing Biocom,California's leading life science trade association, will be able to offer Biocom members an unparalleled breadth of laboratory products, services and globally competitive pricing through the Fisher Scientific channel. This multimillion dollar contract was awarded after a selection process that sought to ensure Biocom members would have access to unprecedented industry-leading life science solutions.

"This was the most robust and carefully managed RFP process the industry has ever seen," said Joseph Panetta, president and chief executive officer of Biocom. Biocom leveraged the purchasing power of nearly 800 members and leaned on them to assemble a multi-disciplinary team of scientists, lab managers, supply chain specialists, financial advisors and executive leaders to collaborate in a vetting process that involved over 5,000,000 data points and 35,000 pages of information. Panetta added, "We listened to our members, and the end result is an extraordinary contract and offering that will deliver a competitive advantage for our members on a global stage. As our industry evolves, partnering with the leader in scientific technology and innovation is critical to accelerating life science success."

Fisher Scientific, one of Thermo Fisher Scientific's premier brands, represents the industry-leading customer channel, bringing together the collective strength of its life sciences portfolio of leading brands, world-class e-commerce platform and comprehensive support. This all-encompassing contract is exclusive to Biocom members and far surpassed the offers from all other participants; a testament to the company's commitment to this industry and specifically to the Biocom member base.

"We are pleased to offer Biocom members the industry-leading offering of products and services available through our Fisher Scientific channel, enhanced by the unique depth of capabilities of our overall company," said Greg Herrema, president of Thermo Fisher Scientific's customer channel business. "Our company's mission is to enable our customers to make the world healthier, cleaner and safer, which complements Biocom's mission to help life science companies and their employees fulfill their business goals and improve life through advancements in health, energy and agriculture. California's leading statewide life sciences association and its members now have unparalleled access to the leader in laboratory support and life sciences tools to help them accelerate innovation and enhance productivity, whether they're working in a research lab, a clinic or on a production line."

To find out how your company can start taking advantage of highly competitive pricing and category discounts, the most extensive offering of products and services under one umbrella, a dedicated team of sales and customer service professionals and the lowest total cost of acquisition, visit www.biocom.org/wechangedthegame today, or visit us next week in San Franciscoat our 'Power Up' Party at the exclusive AWS Loft.

About Biocom:
Biocom is a member driven organization providing unmatched opportunities and resources to help life science companies and their employees fulfill their business goals and improve life through advancements in health, energy and agriculture. Biocom offers member companies meaningful access to the influential drivers propelling the industry forward across all major life science sectors, including biotechnology, pharmaceutical, diagnostic, medical device, connected health, agriculture and bio-renewable energy.

About Thermo Fisher Scientific
Thermo Fisher Scientific Inc. is the world leader in serving science, with revenues of $17 billion and more than 50,000 employees in 50 countries. Our mission is to enable our customers to make the world healthier, cleaner and safer. We help our customers accelerate life sciences research, solve complex analytical challenges, improve patient diagnostics and increase laboratory productivity. Through our premier brands – Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific and Unity Lab Services – we offer an unmatched combination of innovative technologies, purchasing convenience and comprehensive support. For more information, please visit www.thermofisher.com.

Source: Biocom

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