@ppdi.com
PPD is a global contract research organization (CRO) delivering clinical expertise for your product's success.
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PPD (Pharmaceutical Product Development) is a global contract research organization (CRO) headquartered in Wilmington, North Carolina, United States. The company was founded in 1985 by Dr. Fred Eshelman as a one-person consulting firm and has since grown into one of the largest CROs in the world.
PPD offers a wide range of products and services to the pharmaceutical, biotechnology, and medical device industries. The company primarily focuses on providing clinical development services, including clinical trial design and management, patient recruitment, data management, and statistical analysis. PPD also offers laboratory services, post-marketing surveillance, and consulting services.
On a global scale, PPD has operations in over 46 countries and has conducted clinical trials in more than 100 countries. The company has established several noteworthy subsidiaries, joint ventures, and partnerships. Some of these include Evidera, a leading provider of evidence-based solutions for healthcare decision-making, and Synexus, a company specializing in patient recruitment and clinical trial management.
PPD is one of the leading players in the CRO industry and holds a significant market position. The company's global sales have consistently grown over the years, reaching $4. 7 billion in 2020.
PPD faces strong competition from other major CROs, such as Laboratory Corporation of America Holdings (LabCorp) and IQVIA. Throughout its history, PPD has made several major acquisitions and strategic partnerships to expand its capabilities and global reach. For example, in 2020, PPD acquired Evidera to enhance its real-world evidence and market access capabilities.
These strategic moves have contributed to the company's growth and market position. As of the latest update, PPD continues to be a leading player in the CRO industry. The company is focused on providing comprehensive clinical development services to support the research and development efforts of pharmaceutical and biotech companies worldwide.
With a strong global presence, a diverse portfolio of services, and a track record of success, PPD remains at the forefront of the CRO industry
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