Welcome to our dedicated page for Clarivate Plc news (Ticker: CLVT), a resource for investors and traders seeking the latest updates and insights on Clarivate Plc stock.
Clarivate Plc (NYSE: CLVT) delivers transformative intelligence through market-leading platforms like Web of Science™ and Cortellis™, powering innovation across academia, intellectual property, and life sciences. This news hub provides investors and professionals with direct access to official announcements shaping global research and commercialization efforts.
Track critical updates including quarterly earnings disclosures, strategic partnerships, product launches, and regulatory filings. Our curated feed ensures timely access to press releases about AI-driven analytics advancements, IP portfolio developments, and expansions in pharmaceutical intelligence solutions.
Key content categories include financial performance reports, acquisition announcements, leadership updates, and innovations in real-world data applications. Bookmark this page to monitor Clarivate's progress in converting transactional revenues to high-margin subscriptions while maintaining its position as a critical enabler of R&D workflows.
Clarivate (NYSE: CLVT) reported Q4 2024 results with total revenue of $663.0 million, down 3.0% from Q4 2023, with organic revenues declining 0.7%. The company posted a Q4 net loss of $191.8 million ($0.27 per share), improving from a loss of $843.9 million in Q4 2023.
For full-year 2024, revenue was $2.56 billion, down 2.7% from 2023, with organic revenues decreasing 1.4%. The company generated $357.5 million in free cash flow and executed $200 million in share repurchases and $198.1 million in debt pre-payment. The board authorized a new $500 million share repurchase program for 2025-2026.
Looking ahead to 2025, Clarivate expects revenues between $2.28B-$2.40B, with recurring organic revenue growth between -1.0% to 1.0%. The company has initiated a strategic review, including potential divestitures, and plans to discontinue certain low-margin transactional products in 2025-2026.
Clarivate (NYSE:CLVT) has announced a new subscription-based content access strategy for academic institutions. The initiative introduces two key solutions: ProQuest Ebooks, offering over 700,000 Ebooks across 10 disciplines, and ProQuest Digital Collections, providing access to over 160 million primary source items along with scholarly journals, videos, and audio tracks.
The new strategy aims to address libraries' evolving needs by providing affordable and broad access to academic resources. Key features include a new Ebook Central Reader app and AI-powered research assistants. The company will phase out one-time perpetual purchases of digital collections and books throughout 2025.
This transformation responds to post-pandemic shifts in how institutions purchase academic content and the growing importance of AI-powered tools in academic research, emphasizing the need for reliable, vetted content sources.
Clarivate Plc (NYSE:CLVT) has achieved notable recognition in the WTR 1000 2025, a prestigious guide identifying top trademark professionals globally. The company has been highly recommended in three key practice areas: Trademark Management, Searching and Watching, and Renewals and Recordals.
Francois Neuville, Senior Vice President of Brand and Trademark Solutions at Clarivate, emphasized the importance of data-driven strategies in today's evolving brand landscape. He highlighted Clarivate's exceptional data quality and expertise in providing solutions throughout the trademark lifecycle, particularly noting their use of artificial intelligence and tech-enabled services to enhance decision-making efficiency.
The WTR 1000, celebrating its 15th year, conducts thorough qualitative research to identify leading professionals and firms based on expertise, market presence, and work sophistication. Recognition is granted based on positive feedback from knowledgeable market sources.
Clarivate (NYSE: CLVT) has been selected by the National and University Library in Zagreb (NSK) to provide its unified library services and discovery platform. The implementation includes Ex Libris Alma and Ex Libris Primo solutions, which will serve as a modern, unified library system across Croatia's academic and research institutions.
The cloud-based subscription service will be implemented in nine universities and 82 academic and research libraries throughout Croatia. This strategic project, part of the e-Universities initiative, is financed through the National Recovery and Resilience Plan 2021-2026. The implementation aims to streamline existing infrastructure of multiple library systems and data formats, while promoting Croatia's cultural and scientific heritage.
Clarivate (NYSE:CLVT) has published a new e-book analyzing breakthroughs in the pulsed field ablation (PFA) market for atrial fibrillation treatment. PFA technology uses high-voltage microsecond electrical pulses instead of thermal energy, offering safer and more effective procedures compared to traditional methods.
The report highlights significant market growth projections, with PFA expected to grow from $300 million (5% market share) in 2023 to $8 billion (70% market share) by 2028. Key developments include Johnson & Johnson's VARIPULSE FDA approval in November, though its U.S. rollout was paused due to safety concerns. Abbott Laboratories is anticipated to receive FDA approval by mid-2026.
International markets show strong adoption, particularly in Asia Pacific, where the market is projected to exceed $1 billion in 3-5 years, with Japan alone potentially reaching $300 million by 2028.
Clarivate (NYSE:CLVT) has released a report identifying the top 50 universities driving global innovation through academic research and patent citations. The study, leveraging data from Web of Science and Derwent databases, reveals how knowledge flows between academia and industry across different regions.
Key findings show these universities are spread across eleven countries, with U.S. institutions dominating the top positions. Harvard University leads in research output volume, while MIT demonstrates exceptional research-to-innovation translation despite smaller publication numbers. The report identifies strong regional citation patterns, with Eastern Asian and European companies primarily citing local academic research, while U.S. research maintains global influence.
Notable insights include that five organizations - Roche, Johnson & Johnson, CNRS, Samsung Electronics, and Siemens - account for 51% of citations from top innovations to academic research. The United Kingdom shows diverse international influence, often bridging regional research gaps. The report aims to help stakeholders make informed decisions about research partnerships, knowledge transfer strategies, and innovation investments.
The British Library has selected Clarivate (NYSE:CLVT) to provide its library services and discovery platforms, implementing Alma, Primo VE, and Rapido solutions. This decision builds upon a 20-year partnership and aims to create a more cohesive, streamlined, and secure experience.
The British Library, one of the world's largest libraries with a collection of 170 million items, will become the 43rd National and State library globally to adopt Alma. The implementation will unify platform operations, improve user experience, and enhance future services. The Rapido system will be used to streamline interlibrary loan processes, supporting resource sharing within the academic and research community.
Clarivate Plc (NYSE: CLVT) has announced it will release its fourth quarter and full year 2024 financial results before market opening on Wednesday, February 19, 2025. The company will make the press release and earnings supplement with financial information available on their investor website. Following the release, Clarivate will host a conference call and webcast at 9:00 AM Eastern Time on the same day to discuss the results.
BioWorld, published by Clarivate (NYSE:CLVT), has released its comprehensive 2024 Year in Review series analyzing key developments in biopharma, medtech, and scientific innovation. The report highlights significant therapeutic breakthroughs in psychiatry, oncology, women's health, and infectious diseases.
Key findings include the industry's resilience despite challenges, with biopharma financing and deal values rebounding amid over 18,000 job losses. Notable developments include GLP-1 receptor agonists' expansion into new therapeutic areas, significant progress in AI-driven medtech in APAC, and breakthrough cancer research data from trials like Checkmate-067 and Keynote-006.
The report also covers important regulatory changes, including the end of the Chevron doctrine affecting agency authority, and Medicare coverage challenges for emerging technologies. European biotech funding showed improvement in 2024, particularly in antibody-drug conjugates (ADCs) and CNS treatments.
Clarivate (NYSE:CLVT) has launched DRG Fusion, a new analytics platform designed to support commercial analytics in life sciences. The platform integrates real-world data from medical and pharmacy claims to help biopharma and medtech organizations optimize their commercial strategies.
The platform features modular data analytics products with configurable dashboards supporting patient journey analysis, commercial targeting, market access optimization, and patient segmentation. Fusion streamlines data management by providing ready-made visuals and tables to accelerate commercial decisions.
The company plans to introduce AI-driven and self-service features to Fusion in 2025, demonstrating its commitment to delivering user-centric solutions for healthcare challenges.