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PPD

Clinical and Lab Services on the rise in 4Q10

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By: Tim Wright

Editor-in-Chief, Contract Pharma

PPD 4Q10

4Q Revenues: $389 million (+9%)

4Q Earnings: $47 million (+150%)

FY Revenues: $1.4 billion (+4%)

FY Earnings: $124 million (-22%)

Comments: Clinical Development Services revenues were $277 million (+8%) in 4Q10 and $1.0 billion (+1%) in FY. Laboratory Services revenues were $81 million (+14%) in 4Q and $313 million (+14%) in FY.

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