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Nordic Capital

Nordic Capital

Private Equity Firm

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Thermo Fisher completes nearly $9 billion acquisition of clinical trial data company Clario

Money Moves

Former co-controlling shareholder of Clario; exited via sale to Thermo Fisher

Thermo Fisher Scientific, one of the world's largest scientific instrumentation companies, closed its $8.875 billion cash purchase of Clario Holdings on March 24, 2026. Clario provides the digital tools that pharmaceutical companies use to collect patient data during clinical trials — technology that has contributed to roughly 70 percent of drugs approved by the Food and Drug Administration (FDA) over the past decade. The deal, first announced in October 2025, also includes up to $525 million in additional payments tied to Clario's near-term performance, bringing the total potential price to approximately $9.4 billion.

Updated Yesterday