08:48 AM EDT, 09/02/2025 (MT Newswires) -- Thermo Fisher Scientific ( TMO ) said Tuesday it has completed the acquisition of Sanofi's ( SNY ) manufacturing facility in Ridgefield, New Jersey.

Financial terms of the deal weren't disclosed.

Thermo Fisher said it will continue to manufacture various therapies for Sanofi ( SNY ) at the site while expanding the use of the facility to meet increasing demand for manufacturing capacity from its customers.

The Ridgefield facility will now fall under its pharma services business within the Laboratory Products and Biopharma Services segment, Thermo Fisher said.