Thermo Fisher Scientific Completes Acquisition of PPD, Inc.

December 8, 2021

Thermo Fisher Scientific completed its acquisition of PPD, Inc., a leading global provider of clinical research services, for $17.4 billion. The deal extends Thermo Fisher’s clinical research capabilities across the drug development spectrum and is expected to generate total synergies of approximately $125 million by year three following close.

Buyers
Thermo Fisher Scientific Inc.
Targets
PPD, Inc.
Location
Massachusetts, United States
Transaction Type
Buyout

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