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PPD’s Proposed IPO Comes Amid Growing CRO Market, Industry Expert Says

By December 6, 2019March 9th, 2022No Comments

President of Industry Standard Research Andrew Schafer explains why the time may be right for PPD to re-enter the public market.

“You have some big firms in there,” he said, referring to the sector. “Probably one of the reasons for the timing is that the CRO market does continue to grow, and Wall Street likes to see growth. And so, for PPD from an industry standpoint, it’s a decent time to go public.”

Read more at WilmingtonBiz, and check out our 2019 CRO Market Size Projections: 2018-2023 report to uncover what contributes to the ever-growing CRO market.