# Thermo Fisher Scientific completes $17.4B acquisition of PPD

Thermo Fisher Scientific completed its acquisition of PPD, a clinical research services provider, for $17.4 billion on December 8, 2021.

- Type: Acquisition
- Announced: 2021-12-08
- Where: United States
- Value: $17.4B
- Status: completed
- Products: clinical research services
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Thermo Fisher Scientific](https://endata.com/companies/7061.md) (acquirer)
- [PPD](https://endata.com/companies/59526.md) (target)

## Sources

- [ir.thermofisher.com](https://ir.thermofisher.com/investors/news-events/news/news-details/2021/Thermo-Fisher-Scientific-Completes-Acquisition-of-PPD-Inc/default.aspx), 2021-12-08: "Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in serving science, today announced that it has completed its acquisition of PPD, Inc. (Nasdaq: PPD), a leading global provider of clinical research services to the biopharma and biotech industry, for $17.4 billion."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.