By a GenomeWeb staff reporter

NEW YORK (GenomeWeb News) – Thermo Fisher Scientific today reported a 7 percent increase in revenues year over year and a nearly 15 percent increase in profits for its second quarter.

For the three months ended July 3, the company posted receipts of $2.65 billion, up from $2.48 billion in Q2 2009. The firm fell just short of analysts' consensus estimate of $2.66 billion.

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The Associated Press reports that the US government wasted $341,000 on travel by former Health and Human Services Secretary Tom Price.

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