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IQVIA Holdings Inc. (symbol: IQV) is a prominent player in the healthcare industry, formed from the merger of Quintiles and IMS Health in 2016. The company operates as a global leader in integrated information and technology solutions, driving advancements in healthcare. With a workforce of approximately 50,000 employees across more than 100 countries, IQVIA is dedicated to helping clients improve their clinical, scientific, and commercial outcomes.
Core Services:
- Research and Development (R&D): IQVIA provides outsourced late-stage clinical trials for pharmaceutical, device, and diagnostic firms. This segment focuses on delivering comprehensive research services to advance medical innovations.
- Technology and Analytics: The company offers aggregated information and technology services, catering to pharmaceutical companies, healthcare providers, payers, and policymakers. IQVIA's data and analytics capabilities extend to clinical trials, including virtual trials, ensuring efficient and effective trial outcomes.
- Contract Sales: IQVIA also maintains a small contract sales business, supporting the commercial needs of its clients.
Recent Achievements and Projects:
IQVIA continues to make significant strides in protecting individual patient privacy while leveraging healthcare data to deliver critical real-world disease and treatment insights. The company's commitment to innovation is evident in its ongoing projects and partnerships aimed at enhancing healthcare outcomes globally.
For more information, visit www.quintilesims.com.
IQVIA Holdings reported a strong fourth quarter with revenue of $3,636 million, up 10.2% year-over-year. GAAP net income surged by 167.2% to $318 million, translating to earnings per share of $1.63. Adjusted EBITDA reached $828 million, representing a 12.7% increase. For 2022, IQVIA reaffirmed its revenue guidance of $14.7 billion to $15 billion and raised expectations for Adjusted EBITDA and Earnings per Share. The contracted backlog in R&D Solutions grew to $24.8 billion, indicating strong future revenue potential.
IQVIA Holdings Inc. (NYSE:IQV) announced that Ron Bruehlman, CFO, will participate in a virtual fireside chat at Citi’s 2022 Virtual Healthcare Conference on Thursday, February 24, 2022, at 11:00 a.m. ET. A live audio webcast will be available on the IQVIA Investor Relations website, with a replay accessible later that day. IQVIA is a global leader in analytics and clinical research services for life sciences, operating in over 100 countries with approximately 79,000 employees, focusing on improving healthcare outcomes through insights and technology.
IQVIA Holdings Inc. (NYSE: IQV) will release its fourth-quarter and full-year 2021 financial results on February 15, 2022, before the market opens. The management team will present a conference call at 9:00 a.m. Eastern Time on the same day. Interested participants can register in advance via the Investor Relations website. A replay of the event will be available two hours post conclusion. IQVIA is a leader in analytics and clinical research, supporting healthcare improvements across its operations in over 100 countries.
IQVIA has appointed Sheila A. Stamps to its board of directors, effective immediately. With over 40 years of experience in strategic governance and operational management, Ms. Stamps has held leadership roles in both public and private sectors, including as a senior investment advisor for the New York State Comptroller. She serves on boards of multiple public companies and has a strong background in audit and finance. Following her appointment, IQVIA's board comprises 11 directors, ten of whom are independent.
IQVIA (NYSE:IQV) has appointed Leslie Wims Morris to its board of directors, effective immediately. Wims Morris brings over 25 years of financial services experience, currently serving as Managing Director and Head of Corporate Development at JPMorgan Chase. Her expertise includes managing strategic partnerships and participating in firmwide initiatives. CEO Ari Bousbib expressed confidence that her global experience will add valuable insight to the company. Wims Morris holds an MBA from Harvard and a BA in English from Yale.
IQVIA (NYSE:IQV) has launched new Research Nursing and Phlebotomy services that enhance patient access and care during clinical trials. These services enable patients to receive professional care at home, improving outcomes and reducing costs. Ronan Brown, global head of Decentralized Trial Solutions, emphasized that this initiative reflects IQVIA's commitment to patient-centric research. The mobile workforce provides flexible support for clinical trials, enhancing patient experiences and protocol compliance while ensuring quality oversight and training. This innovation marks a significant step in decentralizing clinical trials.