IQVIA Holdings Inc. (IQV)
IQVIA Holdings Inc. is a global provider of advanced analytics, technology solutions, and clinical research services for the healthcare and pharmaceutical industries. It combines extensive data resources with scientific expertise to help clients improve healthcare outcomes and accelerate innovation.
Company News
The global pharma contract research organization (CRO) services market is projected to grow from USD 33.31 billion in 2024 to USD 87.03 billion by 2034, driven by increased R&D spending, clinical trials, and technological innovations in drug development.
The healthcare AI market is projected to surpass $110 billion by 2030, with companies developing innovative AI solutions for preventive care, diagnostics, and patient experience across various medical domains.
Jefferies downgraded IQVIA Holdings' stock to 'Hold' from 'Buy', citing slower bookings growth and increased competition in the company's data business.
Clarivate has partnered with OhioLINK and SearchOhio to integrate their INN-Reach platforms, creating a unified library solution for Ohio. This partnership will expand Clarivate's presence in the academic market, but the company also faces near-term challenges like macroeconomic headwinds and competitive pressure.
