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Home » CRO Acquisition Trend Continues as Thermo Fisher Snaps Up PPD
CRO Acquisition Trend Continues as Thermo Fisher Snaps Up PPD
The ranks of the top-earning contract research organizations (CROs) continued to shift this week as Thermo Fisher Scientific announced it will acquire PPD, one of the industry’s largest CROs, for $17.4 billion in cash plus the assumption of about $3.5 billion of net debt.