About PPD
PPD is a company based in Wilmington (United States) founded in 1985 was acquired by Thermo Fisher Scientific in April 2021.. The company has 1,674 employees as of April 01, 2024. PPD has completed 9 acquisitions, including AbCRO, Acurian and Bioduro. PPD offers products and services including Clinical Development Services, Laboratory Services, and Functional Service Partnerships. PPD operates in a competitive market with competitors including Cambrian BioPharma, Medicus Pharma, H.U. Group Holdings, DM Clinical and IPHARMA, among others.
- Headquarter Wilmington, United States
- Employees 1674 as on 01 Apr, 2024
- Stage Public
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Sectors
Healthcare
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Phone
*********
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Website
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Social
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- Legal Name Ppd Pharmaceutical Development India Private Limited
- Date of Incorporation 10 Feb, 2004
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$51.35 M (USD)32.53as on Mar 31, 2023
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Net Profit
$4.75 M (USD)16.14as on Mar 31, 2023
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EBITDA
$10.94 M (USD)66.12as on Mar 31, 2023
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Latest Funding Round
$126.5 M (USD), Grant
Oct 13, 2023
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Investors
Thermo Fisher Scientific
& 1 more
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Employee Count
1674
as on Apr 01, 2024
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Investments & Acquisitions
AbCRO
& 8 more
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Acquired by
Thermo Fisher Scientific
(Apr 15, 2021)
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Products & Services of PPD
PPD offers a comprehensive portfolio of products and services, including Clinical Development Services, Laboratory Services, and Functional Service Partnerships. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Manages phases of clinical trials for drug efficacy
Provides bioanalytical and biomarker testing for trials
Offers specialized project management for biotech needs
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Leadership Team
93 people
Clinical Team
84 people
Software Development Team
66 people
Senior Team
64 people
Operations Team
38 people
Principal Team
28 people
Data Analysis and Operations Team
25 people
Project Team
19 people
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Funding Insights of PPD
- Total Funding Total Funding
- Total Rounds 5
- Last Round Grant — $126.5M
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First Round
First Round
(01 Jul 2005)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2023 | Amount | Grant - PPD | Valuation |
investors |
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| May, 2019 | Amount | Debt – Conventional - PPD | Valuation |
investors |
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| Aug, 2009 | Amount | Grant - PPD | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in PPD
PPD has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Thermo Fisher Scientific and HHS. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Public health and human services are overseen by HHS.
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Founded Year | Domain | Location | |
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Electron microscopy services and microanalysis instruments are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by PPD
PPD has strategically engaged in corporate development activities, having acquired 9 companies. Notable acquisitions include AbCRO, Acurian and Bioduro. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Evidence-based solutions are provided for biopharmaceutical real-world effectiveness and safety.
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2012 | ||||
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Inappropriate content
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2009 | ||||
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Small molecule drug discovery platform is provided to researchers.
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2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - PPD
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ppd Comparisons
Competitors of PPD
PPD operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cambrian BioPharma, Medicus Pharma, H.U. Group Holdings, DM Clinical and IPHARMA, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Medicines and therapies are developed for healthcare applications.
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| domain | founded_year | HQ Location |
Clinical stage, multi-strategy holding company focused on investing in and accelerating novel therapies in the biotechnology and life sciences industry
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| domain | founded_year | HQ Location |
Provider of clinical testing, diagnostics, and healthcare services. This entity offers a range of services encompassing laboratory testing and related services, in-vitro diagnostics, healthcare-related services, and research and development. Their activities include supporting research in clinical laboratory medicine, fostering technological advancements, and contributing to the overall progress of medical science and healthcare technology. They also engage in intellectual property activities and have initiatives addressing public health concerns.
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| domain | founded_year | HQ Location |
Conducts Phase I-IV clinical trials connecting patients with physicians for medical research.
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| domain | founded_year | HQ Location |
Serves as a contract research organization focused on drug clinical trials.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ppd
Frequently Asked Questions about PPD
When was PPD founded?
PPD was founded in 1985 and raised its 1st funding round 20 years after it was founded.
Where is PPD located?
PPD is headquartered in Wilmington, United States. It is registered at Wilmington, Delaware, United States.
How many employees does PPD have?
As of Apr 01, 2024, the latest employee count at PPD is 1,674.
What is the annual revenue of PPD?
Annual revenue of PPD is $51.35M as on Mar 31, 2023.
What does PPD do?
PPD, based in Wilmington, focuses on providing healthcare solutions, biopharma outsourcing, cro, and clinical development. CRO providing diversified clinical development services. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of PPD?
PPD's top competitors include Cambrian BioPharma, Medicus Pharma and H.U. Group Holdings.
What products or services does PPD offer?
PPD offers Clinical Development Services, Laboratory Services, and Functional Service Partnerships.
How many acquisitions has PPD made?
Who are PPD's investors?
PPD has 2 investors. Key investors include Thermo Fisher Scientific, and HHS.
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