Another big CRO deal in the works? Thermo Fisher in talks to acquire PPD for $15B+ — report

Consolidation among big CRO players is reportedly continuing to churn.

Thermo Fisher is nearing a deal to acquire PPD for more than $15 billion, per the Wall Street Journal, and could wrap up a deal as soon as this week. It’s the second potential CRO M&A deal in as many months, following the Icon-PRA Health Sciences deal in late February.