What is PPD's business focus and history?
PPD, part of Thermo Fisher Scientific, is a global contract research organization founded in 1985 by Fred Eshelman. Headquartered in Waltham, Massachusetts, it offers comprehensive drug development, laboratory, and lifecycle management services. PPD has over 40,000 employees and reported a revenue of $4.7 billion in 2020. The company was acquired by Thermo Fisher Scientific in December 2021 for $17.4 billion.
PPD Corporate Details & Core Services
PPD, part of Thermo Fisher Scientific, is a global contract research organization providing comprehensive, integrated drug development, laboratory, and lifecycle management services.
PPD Contact Information & Official Links
What are PPD's Key Business Metrics & Stats?
No of employees 40000
Founded year 1985
Type private
SAICS CODE 8731
NAICS Code 541715
Industry Contract Research Organization
Location Waltham, Massachusetts, United States
Parent Company thermofisher.com
Pricing Strategy Custom Pricing Based on Project Scope
PPD
Firmographic Snapshot
2026
1985
Founded Year
40000
Global Employees
United States
Headquarters
Contract Research Organization Industry
Private
Type
Verified by
DexterAgent.ai
How much funding has PPD raised to date?
Name
Description
Funding Amount
USD 17.4 Billion
Stage
Acquisition
Latest Valuation
17.4 Billion (USD)
Lead Investor
Thermo Fisher Scientific
Investors
Thermo Fisher Scientific
What are PPD's Core Products?
Name
Description
Clinical Development Services
Comprehensive services covering all phases of clinical trials.
Laboratory Services
Bioanalytical, central lab, GMP, and vaccine sciences services.
Functional Service Partnerships
Customized functional outsourcing solutions.
What are the latest developments at PPD?
Date
Type
Description
February, 2023
Award
Recognized by ISG for Digital Services Leadership
October, 2021
Award
Named Clinical Research Company of the Year
What industry awards and recognitions has PPD received?
Date
Type
Description
October, 2021
Award
Clinical Research Company of the Year
December, 2020
Award
Best Workplaces in Greater China
PPD VS Parexel VS Charles River Laboratories International, Inc. VS Medpace : 2026 Comparison
Feature
PPD
Parexel
Charles River Laboratories International, Inc.
Medpace
Core Strengths Clinical Development Services, Laboratory Services, Functional Service Partnerships
Clinical Trial Management, Regulatory Consulting, Real World Evidence, Medical Communications
Research Models, Safety Assessment, Discovery Services
Clinical Trial Management, Central Laboratory Services, Bioanalytical Laboratory Services, Imaging Core Lab
Founded Year 1985
1982
1947
1992
Stock Name/Ticker CRL (NYSE)
MEDP (NASDAQ)
Type private
private
public
public
Global Employees 40000
24000
19700
6200
Revenue (Annual) $4.7 Billion(2020)
$2.3 Billion(2017)
$4 Billion(2025)
$2.5 Billion(2025)
Headquarters Waltham, Massachusetts, United States
Raleigh, North Carolina, United States
Wilmington, Massachusetts, United States
Cincinnati, Ohio, United States
Latest Valuation $17.4 Billion
$8.5 Billion
$7.3 Billion
$16.8 Billion
LATEST REVENUE (TRILLIONS USD)
EMPLOYEE COUNT (THOUSANDS)
INNOVATORS
VISIONARIES
DISRUPTORS
GIANTS
Parexel
2.3 | 24000
Charles River Laboratories International, Inc.
4 | 19700
Medpace
2.5 | 6200
Competitive Landscape 2026
DexterAgent.ai
What are PPD's official legal and registration details?
Name
Description
Legal Name
Pharmaceutical Product Development, LLC
Cin number
GST number
Registration number
Who is in PPD's executive leadership team?
Name
Designation
CEO
David M. Johnston
Chief Medical Officer
Karen Kaucic
Vice President
Keven Griffith
Vice President
Narcisa Mesaros
Where are PPD's primary office locations?
City
Country
Wilmington
United States
Sofia
Bulgaria
Shanghai
China
What are the current business signals and market intelligence for PPD?
Spending next 3 months
Digital Transformation, Patient Engagement Solutions
Pain points
Accelerating Drug Development Timelines, Ensuring Regulatory Compliance, Enhancing Patient Recruitment
Sales motion
Direct Sales, Partnerships
Buyer Persona
Clinical Operations Managers, R&D Directors, Regulatory Affairs Professionals
Type of customer
Pharmaceutical Companies, Biotechnology Firms, Medical Device Companies, Academic Institutions, Government Organizations
Key customer domain
pfizer.com, novartis.com, gsk.com
Annual ACV
$500,000 - $5,000,000
What is PPD's annual revenue history?
Year
Revenue (USD)
2020
4.7 Billion
What are PPD's risk management and compliance ratings?
GDPR RIsk
Yes
Privacy Risk
Yes
Company Ratings
4
Glassdoor Rating
3.8
Saas
No
Offline Stores
No
Service
Yes
Ecommerce
No
Exporter
Yes
Mobile App
No
Retail
No
B2B
Yes
B2C
No
Manufacturing
No
Wholesale
No
Importer
No
