Announced
Completed
Financials
Tags
United States
Public
Domestic
Friendly
clinical research
Acquisition
Majority
Single Bidder
Private Equity
Completed
Medical Services
testing inspection and certification
Synopsis
Thermo Fisher Scientific, an American provisioner of scientific instrumentation, reagents and consumables, completed the acquisition of PPD, a global provider of clinical research services, from Hellman & Friedman for $20.9bn. "Pharma and Biotech is our largest and fastest growing end market, and our customers value us as a strategic partner and an industry leader. The acquisition of PPD is a natural extension for Thermo Fisher and will enable us to provide these customers with important clinical research services and partner with them in new and exciting ways as they move a scientific idea to an approved medicine quickly, reliably and cost effectively," Marc N. Casper, Thermo Fisher Scientific Chairman, President and CEO.
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