Posts tagged “Quintiles”

Updated May 5

Premium Lock Countering downgrades, S&P gives Quintiles a post-merger boost

Quintiles            Three Wall Street firms have voted "no" on the big Quintiles-IMS Health merger so far by downgrading Quintiles stock. However, on Wednesday afternoon S&P Global Ratings weighed in with a positive review of the deal. WTW Insiders get the details.

Updated May 4

Premium Lock Quintiles, IMS to merge, forming $17.6B firm; Street lukewarm to deal

Durham-based life science services giant Quintiles is merging with IMS Health Holdings in a deal forming a company worth some $17.6 billion. The merger was announced early Tuesday. Quintiles founder Dennis Gillings will lead the combined board but IMS shareholders will hold majority of stock. Wall Street, however, reacts negatively to the news.

Quintiles' headquarters       Quintiles' headquarters

Updated May 4

Premium Lock CEOs' meeting leads to huge $17.6B Quintiles-IMS merger

The merger of Quintiles and IMS Health creating a $17 billion health services company announced Tuesday can be traced back to a meeting between the two CEOs last year. Quintiles' Tom Pike tells analysts the two firms discovered quickly how well they could work together, and the CEO of IMS says the collaboration has already delivered "major wins."

Tom Pike   Tom Pike

Updated May 3

Premium Lock Analyst: Q-IMS merger could trigger more deals; why Street doesn't like Q deal

Tech mergers Tuesday's merger of Quintiles with IMS Health Services might trigger other CRO deals affecting the Triangle, says Chapel Hill-based analyst Andrew Schafer of Industry Standard Research. Also, Wall Street is giving the Q deal the thumbs down as shares tumble 8 percent. Why? Schafer explains. Plus, a Bloomberg columnist weighs in.

May 3

Premium Lock Quintiles merger Q&A: Local impact, why do the deal, more

Merger  Any time companies merger, they talk about cost savings and "synergies." That often means layoffs with redundant services and more often being cut. So will there be an immediate impact in Durham at Quintiles' global headquarters? And why merge with IMS Health Services? WTW asks a Quintiles exec for details.

Updated March 4

Premium Lock Quintiles to work with American College of Surgeons on data in attempt to improve patient outcomes

Quintiles            Quintiles has signed a services agreement with the American College of Surgeons to compile and use ACS data in an attempt to improve patient outcomes through a clinical registry platform.

March 4

Premium Lock Quintiles mulls closing clinical trial unit in London

Quintiles is proposing to shut down a Phase 1 clinical trial unit in London which employs some 170 doctors and other staff, a company spokesperson tells WRAL TechWire.

Quintiles' European HQ Quintiles' European HQ

Updated February 22

Premium Lock Quintiles is 'Most Admired' life sciences firm; IBM, AT&T crack top 50 Fortune list

Fortune's latest "Most Admired Companies" report includes Quintiles for the second straight year. IBM and AT&T crack the overall top 50, and Lenovo comes in at No. 3 among technology firms. Meanwhile, three "As" finished 1-2-3.

Fortune "Most Admired" Fortune "Most Admired"

Updated February 11

Premium Lock Quintiles earnings beat Street forecasts; CEO upbeat

Quintiles            Quintiles reports quarterly earnings that top Wall Street expectations, and the business pipeline has CEO Tom Pike upbeat. "We believe we are well-positioned for the long-term with our $12.04 billion of backlog," he says.

February 4

Premium Lock Quintiles exec on immunotherapy: 'It's working'

Cancer research  In observance of Feb. 4 as "World Cancer Day," Terry Murdock, the head of the Oncology Center of Excellence at Quintiles, writes in a blog that "there is much to celebrate" this year in the fight against cancer.

Updated January 14

Premium Lock Quintiles defends company, CROs despite stock drops

With "apathetic" attitudes helping drive down life science industry stocks as part of a general market spiral, Quintiles CEO Tom Pike took to the airways Wednesday evening to defend his company and the biotech-related sector.

Quintiles' dropping stock Quintiles' dropping stock

Updated January 14

Premium Lock Report: CRO industry to grow at 6% a year through 2022

Medical research The contract research organization business, which has a big hub in the Triangle with numerous major players based in the region, is headed toward seven years of plenty, according to a new report.

Updated January 7

Premium Lock Quintiles hits CES, talking mHealth with Durham startup Validic

Quintiles            As digital health becomes more common in these days of emerging electronic medical records, wearable health devices and more, Quintiles is joining the growing number of companies seeking to capitalize on the world's biggest tech show: CES in Las Vegas. And Durham-based Validic exec will be leading the discussion in which Quintiles is participating.

December 3, 2015

Premium Lock INC Research wins prestigious award as top CRO

INC Research INC Research, a fast-growing life science contract research organization, is the winner of the prestigious Scrip Award as the top CRO for 2015. Quintiles and PPD were also finalists.

Updated November 24, 2015

Premium Lock Validic signs Quintiles as a client, effective immediately

Validic Quintiles becomes the latest client of Validic. The CRO will leverage Validic's platform to enrich the research experience for biopharmaceutical customers, researchers and patients.

November 10, 2015

Premium Lock Quintiles contributes open source code to ResearchKit

Quintiles            Quintiles has added open source code to ResearchKit framework, making it easier for developers to leverage health care data. The source code is available on GitHub.

Tags: Quintiles
November 5, 2015

Premium Lock Quintiles executive chairman Dennis Gillings to step down

Dennis Gillings, Quintiles Founder (2015) Dennis Gillings, the founder and executive chairman of Quintiles will retire at the end of 2015. He'll remain on the board of directors. Jack M. Greenberg will succeed him.

Tags: Quintiles
October 28, 2015

Premium Lock Quintiles Q3 earnings top analysts estimates

Quintiles            Quintiles Transactional Holdings (NYSE:Q) reported third quarter earnings of $117.58 million or 94 cents a share, beating analyst expectations of 81 cents a share and a 44.6 percent increase compared to the same period last year.

October 20, 2015

Premium Lock Quintiles names new COO and CFO

Quintiles            Quintiles has named Kevin Gordon, currently serving as executive vice president, Operations and chief financial officer (CFO), has been promoted to chief operating officer (COO). The company also said Michael McDonnell is expected to join Quintiles in December 2015 as executive vice president, chief financial officer (CFO).

Tags: Quintiles
October 12, 2015

Premium Lock Quintiles wins clinical research site award

Quintiles            Quintiles has been awarded the Society for Clinical Research Sites' (SCRS) 2015 Clinical Research Organization Eagle Award.

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