Tag Archives: Thermo Fisher extends its pharma service market with the $17.4 billion PPD acquisition

Thermo Fisher extends its pharma service market with the $17.4 billion PPD acquisition

Thermo Fisher Scientific Inc (TMO.N), a medical device company, announced on Thursday, that it would pay $17.4 billion to acquire contract researcher PPD Inc (PPD.O), bolstering its pharmaceutical services division. The world’s largest manufacturer of scientific instruments, Thermo Fisher, will pay $47.50 a share, a 24 % premium over its trading price of $38.36 on […]