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[28] [29] IMS Health shareholders received 0.384 shares of Quintiles common stock for each share of IMS Health common stock they held, leaving the split of ownership at 51.4% IMS and 48.6% Quintiles. [ 30 ] [ 31 ] The merger was completed in October and the resulting company was a $17.6 billion company called QuintilesIMS. [ 9 ]
IMS stood for Intercontinental Medical Statistics. It was the largest vendor of U.S. physician prescribing data. [2] [3] [4] IMS Health was founded in 1954 by Bill Frohlich and David Dubow with Arthur Sackler having a hidden ownership stake. [5] In 2010, IMS Health was taken private by TPG Capital, CPP Investment Board and Leonard Green ...
In the ancient Roman calendar, Quintilis or Quinctilis [1] was the month following Junius (June) and preceding Sextilis (August). [2] Quintilis is Latin for "fifth": it was the fifth month (quintilis mensis) in the earliest calendar attributed to Romulus, which began with Martius ("Mars' month," March) and had 10 months. After the calendar ...
Wikipedia:Selected anniversaries/November 26 November 26 : Feast day of Saint Sylvester Gozzolini ( Catholicism ); Constitution Day in India ( 1949 ) Main Building of the University of Notre Dame
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In 1994, he took Quintiles public through an IPO. [6] Quintiles is the "largest global provider of clinical trials and commercial marketing services to the pharmaceutical and biotechnology industry". [5] In December 2015, Gillings retired as executive chairman of Quintiles, but remains a director. [6]
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However, in the mid-1990s the industry, through third-party prescribing data (e.g., Quintiles/IMS) switched to "script-tracking" [10] technologies, measuring the number of total prescriptions (TRx) and new prescriptions (NRx) per week that each physician writes. This information is collected by commercial vendors.