Posts tagged “PPD”

Updated April 28

Premium Lock PPD raising $550M, hitting $9B in value after attracting two new investors

Life science services provider Pharmaceutical Product Development is raising up to $550 million after attracting two investors in a shift of corporate control that leaves Hellman & Friedman as the majority owner. The moves will "drive continued strong growth," an exec tells WRAL TechWire. Rumors had circulated in 2015 that the company, which has a major presence in the Triangle, might be sold for around $7 billion.

Inside a PPD lab Inside a PPD lab

Updated March 23

Premium Lock Life science firm PPD launches medical apprenticeships, targets vets

Jobs  Pharmaceutical Product Development, an international life science services firm with a major presence in the Triangle, is rolling out an apprenticeship program to train clinical research associates. PPD is especially targeting military veterans with medical backgrounds.

March 23

Premium Lock PPD's apprenticeship program: Clinical Research Associates

PPD Here's a look at the clinical research associate apprenticeship program announced by PPD on Thursday.

December 12, 2016

Premium Lock Wilmington-based PPD seeks buyer

PPD WILMINGTON--Wilmington-based contract research organization Pharmaceutical Product Development is considering a sale that could value the company at $5 billion, the Wall Street Journal reports.

Updated August 10, 2016

Premium Lock PPD acquires startup focusing on biopharma product effectiveness

PPD Pharmaceutical Product Development is adding to its life science product development capabilities with the acquisition of a Maryland firm that studies biopharmaceutical's effectiveness.

July 20, 2016

Premium Lock Number of biotechs likely to use a CRO increasing

Worldwide Clinical Trials A recent survey by Morrisville-baed Worldwide Clinical Trials revealed that 62 percent of respondents are more likely to engage a clinical research organization (CRO) partner for clinical research than they were five years ago. That means business for many NC firms.

May 18, 2016

Premium Lock Duke poliovirus therapy; Lenovo-SAP solutions; Duke solar projects OK'd; PPD award

Tech briefs Tech briefs: A poliovirus therapy from Duke University receives "breakthrough" status from the FDA; Lenovo and SAP unveil their first joint products and solutions; Duke Energy wins approval for two solar projects; and PPD wins clinical research award.

March 31, 2016

Premium Lock Wilmington's PPD named Best CRO at World Vaccine Congress

PPD Pharmaceutical Product Development, (PPD) was named the Best Contract Research Organization (CRO) at the 9th Vaccine Industry Excellence Awards at the World Vaccine Congress 2016.

January 25, 2016

Premium Lock Fred Eshelman to receive CED's Life Science Leadership Award

Fred Eshelman   Veteran entrepreneur, philanthropist and investor Fred Eshelman will receive the Life Science Leadership Award at the 25th annual CED Life Science Conference in March.

Updated January 14, 2016

Premium Lock X-Co answer: PPD spins off X-Chem, which it acquired in 2014

X-Chem PPD has wrapped up the spin-off X-Chem to its private equity owners, the Wilmington company says. The X-Chem deal was behind the "X-Co Holdings LP" mystery that unfolded after an SEC filing.

Updated January 14, 2016

Premium Lock Report: CRO industry to grow at 6% a year through 2022

Medical research The contract research organization business, which has a big hub in the Triangle with numerous major players based in the region, is headed toward seven years of plenty, according to a new report.

Updated January 14, 2016

Premium Lock Mysterious 'X-Co' in Wilmington raises $71M in PPD spinoff

Questions Just in time for the return of the "X Files" on Fox, a mysterious "X-Co Holdings" company has emerged from the shadows in Wilmington, N.C. X-Co has numerous links to PPD and its private equity owners. PPD spun off a company, X-Chem.

Updated December 15, 2015

Premium Lock Is PPD for sale with $7-8B price tag? Still no comment

PPD Is life science services company PPD for sale? A Reuters news report says it is, but so far the company isn't saying anything. Neither are the two private equity firms that own the Wilmington-based company.

December 3, 2015

Premium Lock INC Research wins prestigious award as top CRO

INC Research INC Research, a fast-growing life science contract research organization, is the winner of the prestigious Scrip Award as the top CRO for 2015. Quintiles and PPD were also finalists.

Updated April 10, 2015

Premium Lock Validic's fast growth; LinkedIn's $1.5B buy; new PPD joint venture; Liquidia demos its tech; Zynga founder returns

Bulldog In today's Bulldog wrapup of technology and life science news: Startup Validic reports fast growth; LinkedIn's big acquisition; PPD forms a joint venture in Japan; Liquidia demos at vaccine congress; and Zynga's founder returns as CEO.

September 26, 2014

Premium Lock PPD buys remaining interest in firm it has owned since 2010

PPD Wilmington-based PPD, which has a large presence in the Triangle, on Thursday bought the remaining minority interest in a Massachusetts firm which it originally acquired in 2010.

April 29, 2014

Premium Lock From our archives: The Fred Eshelman saga includes one-person startup at PPD to Wilmington's Walk of Fame and now a $1.1B sale of Furiex

Fred Eshelman Looking back at Fred Eshelman's career: A 2009 blog post recapped a tumultuous year for Eshelman and PPD in which the company's stock was hammered and he stepped down as CEO to become executive chairman. But the year was capped with a salute. From there, Eshelman has continued to make headlines.

August 28, 2013

Premium Lock PPD acquires Acurian to improve recruitment, retention in clinical trials

David Simmons M&A dealmaking in the contract research organization sector strikes again as PPD buys a company. Read how the Acurian acquisition helps Wilmington-based PPD.

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