PPD Acquires Large Chinese CRO

By Staff Reports, posted Nov 6, 2009

On Friday, Wilmington-based PPD announced that the company acquired Excel PharmaStudies Inc., one of the largest contract research organizations in China according to a press release.

Excel has about 300 employees, bringing the number of PPD employees in Asia Pacific to more than 750 employees.

With Excel now in PPD’s fold, it expands PPD’s capability to offer Phase II-IV clinical services in China and other Asian countries.

“China is a strong, emerging area for clinical research as evidenced by its 21 percent compounded annual growth rate over the past five years,” said David Grange, CEO of PPD in a press release. “Excel brings an expansive range of services, broad client base and deep regulatory experience, which provide PPD additional capacity and expertise in this growing region.”

PPD is also a platinum sponsor of CHINATRIALS 2009, a large clinical development event in China, being held Nov. 8-10 in Beijing. Simon Britton, PPD’s vice president of clinical development for Asia Pacific, will present at the conference on creating the best clinical strategy for China and East Asia.

Excel was founded in 2000 and provides a range of Phase II-IV clinical services, including regulatory affairs, patient recruitment, protocol design, feasibility studies, good clinical practice training and program management. Excel has worked with many leading biopharmaceutical companies from more than 15 cities throughout China and also operates a vaccine research center and  biometrics center.

PPD opened its Beijing office in 2003, where it provides a broad range of clinical development services. In 2008, it expanded its global central lab services into China through an exclusive agreement with Peking Union Lawke Biomedical Development Limited. In addition to Beijing and Hong Kong, PPD has offices in India, Singapore, Taiwan, Thailand, Korea and Japan and expanded its global central laboratory operations into Singapore this year.

Ico insights


Burrus rob headshot 300x300

Hire A CSB Seahawk As Your Next Intern

Robert Burrus - Cameron School of Business - UNC-Wilmington
Jeremytomlinson enfuse headshot

Defend And Invest You Technology Strategy For 2022

Jeremy Tomlinson - Enfuse Technology Solutions

Vacation Time Is An Important Employee Benefit

Dane Scalise - GriffinEstep Benefit Group

Trending News

Apartment Developer Tied To Midtown Rezoning

Johanna F. Still - Jan 17, 2022

After Inaugural Season, Live Nation Asks For 10 More Annual Shows 

Johanna F. Still - Jan 18, 2022

Local Grocery Stores Cope With Supply Chain Disruptions

Scott Nunn - Jan 18, 2022

ILM Facilities Manager Makes 40 Under 40 List

Staff Reports - Jan 18, 2022

MarineMax Wrightsville Beach Names McCarley Service Manager

Staff Reports - Jan 18, 2022

In The Current Issue

Q&A: Recruiting, Aiding Small Businesses

In his role with the chamber, Josh Hallingse aims to attract new small businesses to Wilmington but to help those already here grow...

New Hanover, Brunswick Back To Tier 3

After just one year at Tier 2, New Hanover and Brunswick counties return to Tier 3 status, the least economically distressed ranking designa...

Providers Vie To Offer State-limited Services

Just because a healthcare provider believes it needs – and can pay for – certain high-end equipment and new services doesn’t mean it will ge...

Book On Business

The 2021 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!



Trying to Grow a Business?
2020 Health Care Heroes
2020 WilmingtonBiz 100