Company Research Report: PerkinElmer

Company Overview

• Name: PerkinElmer Inc.

• Mission: Accelerating scientific outcomes with world-class instruments, service, and purpose.

• Founded: 1937

• Key People: Dirk Bontridder (CEO), Markus Leutert (VP Corporate Communications)

• Headquarters: Shelton, CT, USA

• Number of Employees: 6,000+ globally

• Revenue: No information is available.

• Known For: PerkinElmer is recognized as a global analytical services and solutions provider, playing a trusted role in laboratory analysis and management across various sectors, including biopharma, food, environmental safety, and applied end markets.

Products

High-Level Product Description

PerkinElmer offers a plethora of products designed to support laboratory and analytical work across different sectors. These include instruments for spectroscopy, chromatography, and consumables necessary for various types of analysis.

Product Offerings

1. NexION 1100 and NexION 2200

• Type: ICP Mass Spectrometers

• Key Features: Designed for varied applications in environmental, food, and industrial analysis. Optimized for specificity and efficiency in detecting contaminants or required elements at scale.

Recent Developments

Company Developments

1. Acquisition of Covaris (December 2023)

• Purpose: To create an innovation-led, global life sciences and diagnostics platform.

• Impact: This acquisition aims to accelerate Covaris' growth and expand PerkinElmer’s life sciences portfolio, particularly in high-growth diagnostics markets.

New Products and Features

• Acquisition Highlights:

• Covaris' adaptive-focused acoustics technology is integrated into PerkinElmer’s offerings to provide highly efficient sample preparation solutions.

• Expansion into high-throughput genomic and proteomic analysis markets through the innovation of Covaris.

Partnerships

• PerkinElmer and Covaris are both underpinnings of New Mountain Capital, which provides significant strategic backing to fuel growth and market expansion.

Strategic Insights

• Global Reach and Expertise: With operations in 168 countries and over 75 office locations, PerkinElmer leverages its extensive network to serve a broad spectrum of customers across scientific disciplines, improving laboratory outcomes by integrating innovative technologies like CDS software.

• Community Impact and Commitment: The company is committed to empowering sustainability and delivering environmental and food safety analytical solutions, underpinning its strategy with cutting-edge technologies and strategic industry alliances.

• Workforce Empowerment: The engagement with scientists, laboratory professionals, and companies underscores the overarching goal of fostering scientific endeavors that contribute towards a safer and more efficient world.

Conclusion

PerkinElmer continues to evolve and expand in the dynamic world of scientific research and development through strategic acquisitions and innovations across its product offerings. With a staunch commitment to empowering sustainability, the company positions itself as a key player in accelerating scientific discoveries and delivering impactful solutions worldwide.