24 Facts About Eurofins Scientific


Eurofins Scientific SE is a French group of laboratories headquartered in Luxembourg, providing testing and support services to the pharmaceutical, food, environmental, agriscience and consumer products industries and to governments.

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Eurofins Scientific provides clinical diagnostic testing services and in-vitro diagnostic products.

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Eurofins Scientific was founded in 1987 with 4 employees, when Gilles Martin purchased the rights to the SNIF-NMR technology from the University of Nantes, a patented analytical method used to verify the origin and purity of several types of food and beverages and identify sophisticated fraud not detectable by other methods.

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Eurofins Scientific derived the "fins" of its name from the French version of SNIF-NMR: Fractionnement Isotopique Naturel Specifique par Resonance Magnetique Nucleaire or FINS-RMN.

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From 1997, the focus for Eurofins Scientific was to buy the very best labs with unique technologies and knowhow with the potential for global recognition.

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In 2001, Eurofins Scientific TAG was developed in response to the mad cow disease crisis, allowing, for the very first time, genetic fingerprints to be used to confirm that each package of meat in a supermarket originated from an animal that had been tested free of BSE.

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Eurofins Scientific was the very first international laboratory group to offer bird flu virus testing in food in 2005.

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In 2013, Eurofins Scientific became the second largest food testing service provider in the USA The Group entered the specialty clinical diagnostics market for the first time in July 2014 with the acquisition of ViraCor-IBT, one of the largest independent laboratories servicing the specialty diagnostic market segment and the leader in testing to support organ transplant programmes.

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In September 2021, Eurofins announced that Eurofins Scientific would be included in the CAC 40 Index; the Group's market capitalisation stood at more than €23.

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On 1 July 2014, Eurofins Scientific purchased Viracor-IBT Laboratories from Ampersand Capital Partners for $255 million.

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In May 2015, Eurofins Scientific acquired QC Laboratories in the US and Experchems in Canada as part of its North American expansion strategy.

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In June 2015, Eurofins Scientific announced the acquisition of Biomnis in France for 220 million euros.

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In September 2017, Eurofins Scientific announced to acquire EAG Laboratories, a scientific services company that serves technology and life-science-related industries.

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Eurofins Scientific purchased Nanolab Technologies Inc, a service lab for the silicon valley industry, on 2 August 2018.

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Eurofins Scientific acquired MET Labs on 11 January 2018, which enabled them to have a Nationally Recognized Test Laboratory as established by OHSA.

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On 3 June 2019, Eurofins Scientific reported that some of its IT systems were infected with ransomware and many servers and systems were taken offline.

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Eurofins Scientific paid the ransom after heavy disruption of their services.

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In 2020, Eurofins Scientific created the capacity to help over 20 million patients monthly who may have been impacted by COVID-19 with testing products and services and supporting healthcare professionals working on the front line.

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Eurofins Scientific established PCR testing capabilities and has carried out over 25 million tests in its own laboratories, is supporting the development of a number of vaccines and has established its SAFER@WORK™ testing, monitoring and consulting programmes.

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Eurofins Scientific acquired Japanese genetics analysis company GeneTech, a leader in the specialist field of non-invasive pre-natal testing in August 2020.

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In September 2020, Eurofins Scientific announced the acquisition of SunDream Group in Taiwan, which specialises in environmental analyses.

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The acquisition allowed Eurofins Scientific to become the leading player in the environmental analyst market in the country.

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In February 2021, Eurofins Scientific acquired Beacon Discovery, a California-based company specialising in drug research.

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Eurofins Scientific announced the acquisition of the American DNA Diagnostics Centers, a group specializing in genetic testing, in June 2021.

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