Nearly three months after purchasing NHRMC, Novant Health is beefing up the “regional” in New Hanover Regional Medical Center. The private, nonprofit announced a series of changes Tuesday that integrate key NHRMC leaders into Novant’s newly formed Coastal market as well as systemwide roles with the Winston-Salem-based health network. The new lineup mea ...

The acquisition of Wilmington-based PPD Inc. could go two ways for the company's base in Wilmington, said Adam Jones, an economist with the University of North Carolina Wilmington. "It could be a threat to the location as headquarters operations get rolled into a larger organization (potentially elsewhere), or it could mean more resources for the organization t ...

It’s not every day the Wall Street Journal writes about a homegrown Wilmington company being sold for $17 billion.   In fact, that sentence has never been written anywhere before this week.   The news that Pharmaceutical Product Development (now known as PPD), which started 36 years ago as a one-person consulting firm, is likely being sold for $17.4 bil ...

Alcami Corp. 2320 Scientific Park Drive, Wilmington No. of employees: About 400 locally and 850 globally   Year founded: 1979   Top local officials: Amanda Wohlleber, site director of drug product operations in Wilmington, and Katie Schlipp, executive director of analytical services in Wilmington Company description: Alcami Corp. is a Wilmington ...

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 ...