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David Murdock

David Murdock

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KANNAPOLIS -- PPD, a major tenant at the N.C.

Research Campus, confirmed late Wednesday that it is pulling out of the biotech complex, saying progress developing the site is too slow.The contract research organization, which is based in Wilmington, was announced with much fanfare last year as a significant player at billionaire Dole Food owner David Murdock's $1.5 billion campus, with the promise of bringing as many as 300 jobs over several years.This is the second setback for the campus in the past few weeks; food and beverage giant PepsiCo's plans for a lab are "in flux" because of the economy, Murdock has said.
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