Pharmaceuticals & Life Sciences
PPD (Pharmaceutical Product Development)
Carlyle Group and Hellman & Friedman acquired PPD, a global contract research organization, for $3.9B in 2011. PPD was acquired by Thermo Fisher Scientific for $21B in 2021. CROs like PPD have faced criticism for prioritizing speed over rigor in clinical trials.
- FOUNDED
- 1985
- ACQUIRED
- The Carlyle Group, 2011, $3.9B
- WEB
- ppd.com
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Editorial Record
maintained by DeathbyPE. Every claim links to a public source.Timeline
1985
PPD (Pharmaceutical Product Development) founded
2011
Acquired by The Carlyle Group for $3.9B
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