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Evidera

Evidera operates as a business unit inside PPD, the contract research organization that Thermo Fisher Scientific acquired for $17.4B in 2021.

Evidera

Evidera operates as a business unit inside PPD, the contract research organization that Thermo Fisher Scientific acquired for $17.4B in 2021. The unit provides real-world evidence (RWE) consulting and research services to the pharmaceutical and biotech industry. Its offerings span observational studies, pregnancy and lactation studies, patient-centered research, and implementation science — all built to support drug approval and market access across the product life cycle. Evidera's team designs and executes non-interventional studies using both primary data collection and proprietary secondary data sources, including the PPD CorEvitas Registries — independent longitudinal registries that capture clinician- and patient-reported information. Work spans therapeutic areas and geographies, with clients including top global drugmakers. The unit markets to stakeholders in North America, Europe, and Asia. Services include clinical trial feasibility support, endpoint optimization, comparative effectiveness research, safety monitoring, and value-based pricing evidence. The group employs a multidisciplinary global team of scientists, epidemiologists, and data analysts. Its service model is fee-for-service project work for pharmaceutical sponsors. No public information exists on revenue, AUM, total employees, or named principals. Evidera does not operate as an investment vehicle and does not deploy capital; the firm is a service provider within its parent's broader clinical research segment. Evidera's structural differentiator is its integration into the largest standalone CRO — PPD — which gives it access to a global clinical trial infrastructure and proprietary data assets like CorEvitas Registries. This positions Evidera as an internal RWE capability rather than a standalone consultancy, allowing it to deliver evidence packages that span from pre-approval through post-market commitments.

General information

Firm type

other

Year founded

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Bethesda

Corporate office

Bethesda, MD, United States

Sector focus

Healthcare Services

Frequently asked questions

Is Evidera a family office or investment firm?

No. Evidera is a service line within the PPD clinical research business of Thermo Fisher Scientific (per the firm's website). It provides real-world evidence consulting and research services to pharmaceutical clients. It does not deploy capital or manage investments.

What services does Evidera provide?

Evidera offers observational study design, real-world data analysis, pregnancy and lactation studies, patient-centered research, and implementation science (per the firm's website). The unit helps drugmakers generate the evidence needed for regulatory approval, HTA submissions, and market access across the product lifecycle.

What is the relationship between Evidera, PPD, and Thermo Fisher Scientific?

Evidera is the real-world evidence brand within PPD, the clinical research organization Thermo Fisher Scientific acquired in 2021 for $17.4B (per Thermo Fisher, 2021). Evidera operates as a business unit within PPD's clinical development segment.

Does Evidera invest in companies or manage a portfolio?

No. Evidera is a service provider, not an investor. It does not hold portfolio companies, deploy capital, or manage any investment fund. Its work consists of fee-for-service research projects for pharmaceutical and biotech sponsors.

What data sources does Evidera use?

Evidera uses both primary data collection through new observational studies and secondary analysis of existing real-world data. A key proprietary asset is the PPD CorEvitas Registries, which capture regulatory-grade clinician- and patient-reported longitudinal data (per the firm's website).

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