Thermo Fisher Scientific, Inc. has completed its acquisition of Wilmington-based global contract research organization PPD. The $17.4 billion deal was finalized in December. Here are the details.
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PPD, which has a large lab operation in the Triangle, is heading into its yet-to-be approved merger with Thermo Fisher Scientific with a full head of steam.
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Life science servicecs provider PPD is going out with a bang as the Wilmington-based company with a big presence in the Research Triangle prepares to be acquired by Thermo Fisher.
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In answering questions from analysts about the $17.4 billion deal to acquire life science firm PPD, the President and CEO of Thermo Fisher Scientific noted that the PPD team will remain intact as the deal closes, with the company anticipating revenue growth following the acquisition.
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Life science giant PPD, which is based in Wilmington and has a big lab operation in Research Triangle Park, is being sold in a deal valued at $17.4 billion.
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Moderna says COVID-19 vaccine is proving to be highly effective in a major trial, a second dash of hope in the global race for a shot to tame a resurgent virus that is now killing more than 8,000 people a day worldwide. And the result led to praise for PPD.
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Lenovo announces its holiday deals, Channel Advisor’s CEO talks on the Today Show about ecommerce, startup MOMI raise $1 million and much more news. Here’s the latest digest.
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Three life science firms which have big operations in North Carolina reported some good news in their quarterly financial updates. Here’s a look.
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Shares in life science firm PPD fell more than 5% Monday after the company disclosed some of its investors are selling 38 million shares. The tumble came despite other positive news from the company – it increased financial guidance for the quarter ending Sept. 30.
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