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PPD

PPD recognized for expertise in clinical research

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Demonstrating its expertise in clinical research, Pharmaceutical Product Development, LLC (PPD) today announced that PharmaTimes magazine has named a team of PPD researchers the 2012 Clinical Team of the Year. Full story...
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PPD CEO resigns after three months on job; Walks away with $3 million golden parachute

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Raymond Hill resigned effective yesterday. He came to the wilmington-based pharmaceutical research firm in september. Full story...
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PPD sale finalized

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It's official. PPD has new owners. Pharmaceutical Product Development, Inc. today announced the completion of its acquisition by affiliates of The Carlyle Group and affiliates of Hellman & Friedman. The all-cash deal is worth about $3.9 billion. Full story...
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PPD shareholders approve sale

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PPD shareholders have approved the Wilmington-based company's sale to The Carlyle Group and affiliates of Hellman & Friedman. The vote came at a special meeting of shareholders today. Full story...
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PPD sale clears first hurdle

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PPD is a step closer to new ownership after a 30-day "go-shop" period ended last night. The period was a chance for PPD to see if it could find a better offer than the merger agreement it made on October 2 with The Carlyle Group and Hellman & Friedman LLC, according to a PPD news release. Full story...
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Triathletes race from the beach to the Battleship

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Around 2,000 participants jumped in the water Saturday morning. Those competing in the full iron distance swam 2.4 miles, biked 112 miles and ran 26.2 miles, a total of 140.6 miles across New Hanover County. Full story...
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PPD sold to equity firms for $3.9 billion

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video One of Wilmington's largest employers has been sold. PPD announced today that it has entered into a merger agreement with two private equity firms. Full story...
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PPD names new CEO

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One of Wilmington's biggest employers has a new leader. PPD announced today its board of directors has Raymond H. Hill as the company's new chief executive officer and elected him to the board of directors. Both moves were effective September 16. Full story...
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PPD's outlook is strong, analyst says

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While rumors persist about drug researcher PPD’s possible takeover by a private equity group, an analyst report this week suggests the company has room to expand as its clients increase their research and development funding. Full story...
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FIRST ON 3: Carlyle Group in exclusive talks to buy PPD

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Carlyle Group is in exclusive talks to buy Pharmaceutical Product Development Inc. (PPDI), a clinical research company, said five people with knowledge of the discussions. Full story...
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