Article: United States: PPD and Merck in Strategic Outsourcing Deal.

Byline: shiv03

Contract research organization (CRO) PPD has entered into a strategic collaboration with Merck that will significantly expand PPD s global central laboratory business. Under the terms of the agreement, PPD assumes control of Merck s 130,000-square-foot vaccine testing laboratory and related equipment in Wayne, Pa., as well as 80 Merck employees who operate the facility.

PPD will provide a range of an array of assay development and immunogenicity testing services as well as traditional central laboratory and sample storage services to Merck over the next five years.

With this acquisition, we believe we are the first CRO to ...

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