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PerkinElmer Acquires Project Farma, Expanding Its OneSource Professional Services Offering for the Life Sciences Industry

1. PerkinElmer acquires Project Farma to enhance its operational capabilities. 2. The acquisition aims to improve life sciences consultancy services and market competitiveness.

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$115.2403/11 12:18 PM EDTEvent Start
$115.2403/12 06:55 PM EDTLatest Updated
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FAQ

Why Bullish?

Acquisitions like this historically correlate with growth, as seen with past biotech mergers boosting stock prices.

How important is it?

The acquisition strengthens PerkinElmer's service offerings, potentially increasing market share and investor confidence.

Why Long Term?

Improvements from the acquisition will likely take time, mirroring other successful integration cases in life sciences.

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SHELTON, Conn.--(BUSINESS WIRE)--PerkinElmer, a global leader in analytical solutions and specialized services for (bio)pharma, applied and food markets, today announced the acquisition of Project Farma, a subsidiary of Precision for Medicine. Project Farma is a leading life sciences consultancy focused on advancing technical operations from ideation through commercialization, offering project management, project controls, commissioning, qualification and validation, quality compliance and engi.

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