ROCHESTER, N.Y.–Thermo Fisher Scientific Inc., the world leader in serving science, today announced that it will implement an average price increase of 5.3% for certain laboratory consumables products it manufactures, such as specialty laboratory plastic ware and liquid handling products. The pricing change is in response to increases in raw material and energy costs that are being driven by the continued inflationary environment in many industries, particularly commodity materials. “We have, and continue to have, programs in place that are designed to help us mitigate these inflationary pressures and prevent us from passing added cost on to our customers,” said Verner Andersen, president of the company’s laboratory consumables business. “At this point, however, these increased costs necessitate an overall change in pricing in certain product lines that are most affected. We are working closely with our customers to ensure continued delivery of excellent products at a good value.” Customers have been informed of the price increase, which will take effect on August 1. About Thermo Fisher Scientific Thermo Fisher Scientific Inc. (NYSE: TMO) is the world leader in serving science, enabling our customers to make the world healthier, cleaner and safer. With annual revenues of $10 billion, we have more than 30,000 employees and serve over 350,000 customers within pharmaceutical and biotech companies, hospitals and clinical diagnostic labs, universities, research institutions and government agencies, as well as environmental and industrial process control settings. Serving customers through two premier brands, Thermo Scientific and Fisher Scientific, we help solve analytical challenges from routine testing to complex research and discovery. Thermo Scientific offers customers a complete range of high-end analytical instruments as well as laboratory equipment, software, services, consumables and reagents to enable integrated laboratory workflow solutions. Fisher Scientific provides a complete portfolio of laboratory equipment, chemicals, supplies and services used in healthcare, scientific research, safety and education. Together, we offer the most convenient purchasing options to customers and continuously advance our technologies to accelerate the pace of scientific discovery, enhance value for customers and fuel growth for shareholders and employees alike. Visit www.thermofisher.com.