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Department of Health and Human Services Awarded a Contract to PPD DEVELOPMENT LP for $49,900,000.00
Signed on
8/23/2023, 12:00 AM
PPD DEVELOPMENT LP Government Contract #75N95023D00011
PPD DEVELOPMENT LP was awarded a contract with the United States Government for $49,900,000.00. The contract was awarded by the agency office NATIONAL INSTITUTES OF HEALTH NIDA, which is a division with the National Institutes of Health within the Department of Health and Human Services.
Summary of Award
PPD Development LP, a U.S.-owned business based in Wilmington, North Carolina, received a $49,900,000 federal contract from the Department of Health and Human Services, specifically the National Institutes of Health, for research and development related to clinical studies in the Blueprint MedTech initiative. The contract spans from September 1, 2023, to August 31, 2028. The contract was awarded through a negotiated proposal/quote process under full and open competition. The contract falls under the category of health R&D services, health care services, and basic research. There are no notable transactions listed at this time.