PPD, Inc. has signed an agreement to acquire BioDuro LLC, a drug discovery outsourcing company. The acquisition will expand PPD’s drug development capabilities in China. PPD and BioDuro will perform a range of R&D services from early stage through Phase IV. BioDuro operates a 110,000-sq.-ft. lab in Beijing. Most of its approximately 660 employees are based in China, where it provides medicinal chemistry, biology, pharmacology, drug metabolism, pharmacokinetic and safety services. Th...