US life sciences firms get lift from Sartorius' results
** Shares of US life sciences firms rise after German peer Sartorius's SATG.DE better-than-expected bioprocessing order intake in its nine-month results
** Premarket, Danaher DHR.N up 3.4%, Thermo Fisher Scientific TMO.N up 2.1% and Waters WAT.N up 1.7%
** Sartorius' order intake rose 6.6% to 2.32 billion euros ($2.52 billion)
** Citi says, "While the read-through from Sartorius in recent quarters was mixed, we view these results as a clear positive data point for bioprocessing players under coverage given the healthy sequential increase in bioprocessing orders"
($1 = 0.9206 euros)
Reporting by Puyaan Singh
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