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Thermo Fisher to acquire CRO firm PPD for $17 4 B

Thermo Fisher to acquire CRO firm PPD for $17.4 B Thermo Fisher to acquire CRO firm PPD for $17.4 B 15 April 2021 | News Image credit- shutterstock.com Thermo Fisher Scientific Inc. and PPD, Inc. have announced that their boards of directors have approved a definitive agreement under which Thermo Fisher will acquire PPD for $47.50 per share for a total cash purchase price of $17.4 billion plus the assumption of approximately $3.5 billion of net debt. This represents a premium of approximately 24% to the unaffected closing price of PPD s common stock on the Nasdaq as of Tuesday, April 13, 2021, or 32% to the 60-day VWAP inclusive of that date.

Medable Raises $78M to Expand Decentralized Clinical Trials Platform for Patient-Centered Drug Development -

What You Should Know: – Medable, Inc., a Palo Alto, CA-based global platform for decentralized clinical trials today announced $78M in new funding to fuel advances in the delivery of digital and decentralized clinical trials, accelerating the industry’s shift to patient-centered drug development. The funding was led by Sapphire Ventures, along with new investor Obvious Ventures and follow-on investment from existing investors GSR Ventures, PPD, Inc., and Streamlined Ventures. – This is Medable’s third round of funding in less than a year, bringing total capital raised to more than $217 million.  Global Decentralized Clinical Trial Platform Founded in 2015 by Dr. Michelle Longmire and Tim Smith, Medable’s flexible and modular software platform enables clinical leaders to shift from clinic-centric to patient-centric research strategies. The platform provides a unified experience for patients and clinicians, enabling recruitment, remote screening, electronic consen

Medable Secures Another $78 Million Funding to Fuel Digital Innovation for Patient-Centered Drug Development

Medable Secures Another $78 Million Funding to Fuel Digital Innovation for Patient-Centered Drug Development
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Thermo Fisher Scientific to Acquire PPD, Inc , a Leading Clinical Research Organization

Thermo Fisher Scientific to Acquire PPD, Inc , a Leading Clinical Research Organization
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