Thermo Fisher to acquire clinical research services provider PPD for $21bn
Thermo Fisher Scientific has agreed to acquire PPD, a US-based clinical research services provider, for $47.50 per share or $20.9 billion. The consideration includes assumption of nearly $3.5 billion of the contract research organization’s net debt. Based in North Carolina, PPD caters to the pharma and biotech industry with a variety of clinical research and […]