Thermo Fisher Scientific will buy Wilmington-based PPD for $17.4 billion, the companies announced this morning.   Under the agreement, approved by both companies’ boards, Thermo Fisher will acquire PPD for $47.50 per share for the total cash prices as well as assume about $3.5 billion of net debt, according to a news release.   The transaction is expect ...

Wilmington-based PPD is in talks to sell to Thermo Fisher Scientific for more than $15 billion, The Wall Street Journal reported this afternoon.   Citing unnamed sources familiar with the issue, the publication said the companies could come to a deal as early as this week if talks don’t fall through.   PPD officials did not immediately return requests f ...

Cape Fear Clinic was already in for an eventful 2021. As with most everything, however, the pandemic meant a change of plans for the medical clinic, which is marking its 30th anniversary this year.   It’s a milestone for the unique provider, founded in 1991 through the efforts of three physicians who were members of St. Mary Catholic Church. In its early years ...

Wilmington Health recently announced the forming of its Women’s Center of Excellence, structured to provide a mix of women’s health services including primary care, obstetrics, gynecology, radiology, pelvic floor, incontinence care, urogynecology and cardiology.   A new service – the center’s Pelvic Floor and Continence Center – is bein ...

New Hanover Regional Medical Center Wound Care Clinic is now treating children and teens needing specialized treatments.   NHRMC expanded the service because there are no other wound clinics in the region that accept patients under 18, Candice Curtin, director of the Wound Care Clinic, said in a press release.   The clinic is accepting pediatric patients of a ...

If all goes as planned, area residents will have a new option for outpatient surgery this time next year, when Wilmington Health opens a multispecialty ambulatory surgical facility at 1305 Glen Meade Road.  The 20,000-square-foot facility will be licensed for one new operating room and three procedure rooms relocated from Wilmington Health’s main campus, just ...

As part of its purchase of NHRMC, Novant Health will add two area residents to the Winston-Salem-based health system’s board.   Brian Eckel and Jason Thompson will join Novant’s board of trustees, attending their first meetings in May, Novant officials announced Wednesday.   Eckel and Thompson both have lengthy experience with NHRMC as trustees fo ...

Novant Health has extended its $15 per hour minimum wage to all eligible New Hanover Regional Medical Center employees, according to a news release Monday. The sale of NHRMC to Novant closed Feb. 1, and the minimum wage change took effect Feb. 21. Officials said in the release that financial viability is a key factor in health and wellness, and "Novant Health is ...

New Hanover Regional Medical Center is going back to state regulators to get permission to build a community hospital in Scotts Hill.   Last month, the N.C. Department of Health and Human Services denied NHRMC’s request to build a 66-bed hospital near the New Hanover and Pender county line. NHRMC filed its application for the facility last fall under the state ...

Penslow Medical Center is now Wilmington Health at Penslow. The local independent physician practice announced the change March 1.   Wilmington Health has had a partnership with the Holly Ridge practice since 2016, providing managerial services and staffing.   “This transition will come with building improvements, internal referrals, additional access t ...