May 11, 2022 / 04:20PM GMT
Derik De Bruin - BofA Securities, Research Division - MD of Equity Research
Good morning, everyone. I'm Derik De Bruin, the senior life sciences and diagnostics tools analyst, and joining my colleague, Mike Ryskin. Welcome to Bank of America's 2022 Healthcare Conference live from Las Vegas. It's a pleasure to introduce our next company, Thermo Fisher Scientific with Marc Casper, Chairman, President and CEO.
I've covered Thermo since 2003, which is about the same time that Marc got there, so we've been going back a long ways. And wow, what a difference 20 years makes in terms of looking at the company. I think it was $20 and $4 billion in market cap when I picked up this coverage of the stock years ago. So a long way from then.
Marc, you want to start off just -- you had a -- you put up -- reported Q1 results a couple of weeks ago. Really just had a strong result on that. You want to talk about sort of what's going on there? I mean, 16% core growth, well above everybody's expectations. Can you sort of set the stage for us at all?
Marc N. Casper - Thermo
Thermo Fisher Scientific Inc at Bank of America Healthcare Conference Transcript
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