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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 Inc. (NYSE:IQV) will announce its fourth-quarter and full-year 2020 financial results on February 10, 2021, before the market opens. A conference call and webcast will be hosted by the management team at 9:00 a.m. ET on the same day. Interested parties must register in advance for the call. The earnings release and financial information will be available on the IQVIA Investor Relations website. IQVIA is a global leader in advanced analytics, technology solutions, and clinical research services within the life sciences industry, employing around 70,000 people across more than 100 countries.
IQVIA has partnered with Laboratoires Théa, a top independent eye care group in Europe, to implement its Orchestrated Customer Engagement (OCE) platform and the OneKey HCP/HCO reference database in over 22 markets. This collaboration aims to enhance Théa’s digital strategy and customer engagement, especially in the wake of changes prompted by the COVID-19 pandemic. The OCE platform integrates various functions to improve service delivery and relationships with healthcare professionals. IQVIA serves more than 125 life sciences companies with its innovative solutions.
Q2 Solutions, a clinical trial laboratory services organization formed from an IQVIA and Quest Diagnostics joint venture, has partnered with Adaptive Biotechnologies to provide advanced immune-driven research services. The collaboration introduces immunoSEQ® Assay and immunoSEQ® T-MAP™ COVID, enhancing testing capabilities for pharma clients, particularly in understanding immune responses related to COVID-19 and drug development. This partnership is poised to improve the drug development lifecycle through detailed immune response analytics.
IQVIA (NYSE:IQV) has announced a collaboration with Servier to enhance its R&D clinical development processes through the SCORE program. This initiative aims to transform Servier's clinical trial applications and improve patient outcomes by utilizing optimized processes, data-driven insights, and innovative technology. Over the next two years, IQVIA will implement a robust program that leverages its expertise in R&D consulting, digital transformation, and technology solutions. The partnership is poised to address unmet medical needs and support Servier's ambitious growth plans.
IQVIA (NYSE: IQV) announced its support for the Real World Evidence Leadership Forum, uniting senior RWE executives from 18 pharmaceutical companies. This non-competitive group aims to address RWE challenges and enhance patient outcomes globally. Underlining the significance of real-world data, Dan Simpson of IQVIA stated that establishing trust in data usage is crucial. The forum's immediate focus includes fostering collaborative relationships between pharma and healthcare, promoting publications on trusted partnerships, and meeting biannually to tackle industry issues.
IQVIA announced that Zentiva is implementing its Orchestrated Customer Engagement (OCE) platform in 12 major markets. This partnership aims to enhance Zentiva's commercial operations and customer interactions. OCE will facilitate optimization of field processes and multi-channel marketing through AI/ML capabilities, benefiting sales and marketing teams. Paul Geymayer from Zentiva emphasized the importance of digitally enabling their teams to foster growth and efficiency.
IQVIA Holdings reported third-quarter 2020 revenue of $2,786 million, a slight increase of 0.6% year-over-year, with Technology & Analytics Solutions (TAS) revenue growing 10.2%. However, Research & Development Solutions (R&DS) revenue fell 4.5%, and Contract Sales & Medical Solutions (CSMS) dropped 13.9%. Adjusted EBITDA reached $604 million, up 1.9%. The company raised its 2020 revenue guidance to $11,100 - $11,250 million and provided a strong outlook for 2021, anticipating revenue between $12,300 million and $12,600 million.
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