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7 months ago

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Thermo Fisher's warning on more pain from biotech funding squeeze hits sector

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Thermo Fisher's warning on more pain from biotech funding squeeze hits sector

Thermo Fisher Scientific on Wednesday signaled that a slump in demand from biotechs for its services used in making therapies and vaccines could extend into the next year, sending its shares tumbling more than 7% and weighing on the sector.

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Thermo Fisher's warning on more pain from biotech funding squeeze hits sector

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Thermo Fisher's warning on more pain from biotech funding squeeze hits sector

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