Pharmaceutical Product Development, Inc. (PPD)
AcquiredPharmaceutical Product Development, Inc. (PPD) is a biotech company in Wilmington, United States, founded in 1985. It has raised $3.9B across 2 rounds, most recently a $3.9B Private Equity in 2019 (est.).
Partner with a leading provider of global clinical research solutions.
- Headquarters
- Wilmington, North Carolina
- Employees
- 10001+
- Founded
- 1985
- Business Model
- B2B
- Website
- ppd.com
- Total Funding
- $3.9B
- Last Round
- $3.9B Private EquityJan 2019
- Rounds
- 2
- Acquired by
- Thermo Fisher ScientificSep 2021 · $17.4B
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 2 funding rounds and 3 investors for this company. The full record is or through the API.
About
Pharmaceutical Product Development (PPD) is a global contract research organization (CRO) providing comprehensive, integrated drug development, laboratory, and lifecycle management services to pharmaceutical, biotechnology, medical device, academic, and government clients worldwide. Founded in 1985 by Fred Eshelman in Maryland and relocated to Wilmington, North Carolina, PPD grew to over 27,000 employees across more than 20 therapeutic areas before being acquired by Thermo Fisher Scientific in December 2021 in an all-cash transaction valued at $17.4 billion. The company operates laboratory services divisions — including bioanalytical, central lab, GMP, and vaccine sciences labs — alongside Phase II–IV clinical trial management and real-world evidence solutions. As a Thermo Fisher subsidiary, PPD continues to operate under its own brand at ppd.com.
Summary
It lists 10001+ employees. It has raised $3.9B in total across 2 rounds, most recently a $3.9B Private Equity round in 2019 (est.). Investors include The Carlyle Group, Hellman & Friedman and Thermo Fisher Scientific.
Tech & App Stack
5 technologies & apps tracked
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Funding & Exit History
Sep 2021
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Funding: Private Equity. Amounts, valuations, and investors where available.
Investors
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