Pharmaceutical Product Development (PPD) is a global contract research organization (CRO) providing comprehensive, integrated drug development, laboratory and lifecycle management services.

In December 2021, PPD became a wholly owned subsidiary of Thermo Fisher Scientific.

PPD was founded by Fred Eshelman, Pharm.D., as a one-person consulting firm in 1985.

The following year, he expanded the company's scope to include development services and relocated operations from Maryland to North Carolina.

As of December 2021, PPD became a wholly owned subsidiary of Thermo Fisher Scientific, based in Waltham, Massachusetts.