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IMS Health's products and services were used by companies to develop commercialization plans [10] and portfolio strategies, [11] to select patient and physician populations for specific therapies, and to measure the effectiveness of pharmaceutical marketing and sales resources. [12]
IMS operates repair facilities for surgical and endoscopic instruments and devices in Alabama, Florida, and Maryland. The newest is a 52,300 square-foot operations center in Birmingham, Alabama. This facility is part of a 15-acre campus including a fitness center and 75,000-square-foot corporate headquarters currently under construction.
[24] [25] 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. [ 26 ] [ 27 ] The merger was completed in October and the resulting company was a $17.6 billion company called QuintilesIMS. [ 5 ]
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In June 1998, IMS Health partially spun off the company, conducting an initial public offering of the Cognizant stock. Cognizant's old logo Cognizant's logo until 2022 March from 2018 In 2003, IMS Health sold its entire 56% stake in Cognizant, which instituted a poison pill provision to prevent hostile takeover attempts.
Barbara Obstoj is the Managing Editor, which in 2009 acquired the archives of The Pharma Marketletter, a publication Barbara owned since 1991 and prior to that edited when it was part of IMS Health. [1] She was also the founding editor of Scrip World Pharmaceutical News from 1972 to 1976. [1]
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In November 2009, Foros advised IMS Health in its $5.2 billion acquisition by the private equity firm TPG and the Canada Pension Plan. [4] After its initial year, the firm has played a role in several large transactions. In 2010, Foros advised Interactive Data Corp. (IDC) in its $3.4 billion acquisition by Silver Lake Partners and Warburg ...