# If Thermo Fisher Scientific moves, who benefits? How far does the value-chain ripple reach?
Canonical: https://valuechain.wiki/thermo-fisher-scientific · Facet: ripple · Updated: 2026-09-12T00:51:23.908516+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Per the valuechain.wiki graph, Thermo Fisher Scientific is directly linked to 3 companies (0 supply, 2 revenue, 1 investment relationships) and reaches 6 companies within two hops; the links are backed by 8 dated sources, 2 of them primary filings (as of 2026-09-12).

Thermo Fisher Scientific operates across S&P 500, World's #1 life-science tools & CDMO. It is +6.1% in 2026. Its demand and supply links are known, but listed-counterparty return data is limited. The rest of revenue comes from hospitals and clinical labs, and from academic and government research.

## Demand chain (leading)
- T1 Moderna (https://valuechain.wiki/moderna.md)
- T2 Merck & Co. (https://valuechain.wiki/merck-co.md)
- T3 McKesson Corporation (https://valuechain.wiki/mckesson.md)
- T2 Cardinal Health, Inc. (https://valuechain.wiki/cardinal-health.md)
- T3 CVS Health (https://valuechain.wiki/cvs-health.md)
- T2 Vertex Pharmaceuticals Incorporated (https://valuechain.wiki/vertex-pharmaceuticals.md)
- T1 IDEXX Laboratories, Inc. (https://valuechain.wiki/idexx-laboratories.md)

## Supply chain (benefiting)
- T1 Solventum (https://valuechain.wiki/solventum.md)

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Full node: https://valuechain.wiki/thermo-fisher-scientific.md · JSON: https://valuechain.wiki/thermo-fisher-scientific.json