PPD announced it has completed its acquisition of Excel PharmaStudies the market leader and one of the largest contract research organizations in China. The acquisition strengthens PPD’s full range of drug development services in the country and positions it to capitalize on the tremendous growth of the outsourcing market in Asia Pacific. The acquisition significantly increases PPD’s employee and client base in the region. Excel has more than 300 employees in China, and PPD now employs more than 750 professionals in Asia Pacific. :theflyonthewall.com
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