Thermo Fisher Opens China Tech Center

WALTHAM, Mass. (AP) -- Thermo Fisher Scientific Inc. said Wednesday it opened a new technology center in Shanghai.

The scientific instrument maker said the center will be used by engineers and staff who are working on a product pipeline to serve customers in China. Thermo Fisher opened a demonstration center in Beijing earlier this month and said it has increased its activities in China in the last five years.

Thermo Fisher makes laboratory equipment and test kits used in research, among other products. Its shares fell 26 cents to $45.26 in morning trading.