PPD Acquires BioDuro for Undisclosed Sum

  • Feed Type
  • Date
    11/18/2009
  • Company Name
    BioDuro
  • Mailing Address
    9710 Scranton Road San Diego, CA 92121
  • Company Description
    BioDuro is a US-based, fully-integrated, end-to-end global life science outsourcing services company with a team of over 630 in Beijing, China. Our priority is providing the highest quality, FDA-compliant services at an affordable cost. Our clients are over 40 pharmaceutical and biotechnology companies, and our services span the entire range of drug discovery and development, from discovery chemistry, through pharmacology and drug safety and evaluation, to clinical trials. Today, BioDuro is working with 10 of the 12 largest pharmaceutical companies in the world.
  • Website
    http://www.bioduro.com
  • Transaction Type
    M&A
  • Transaction Amount
    Undisclosed
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    “This acquisition will strengthen PPD’s presence in China and our ability to provide clients an extensive range of services in this country. It will also position us well to provide services for the growing global discovery outsourcing industry and to be the full-service CRO of choice in China.”