News and Events
News and Events
You may sort news and events by title or recency. If you wish to view only news, please select the news link from the left. If you wish to see events at which Quintiles is scheduled to participate, please select the events link from the left.
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QUINTILES LAUNCHES GLOBAL DIVISION FOR NON-REGISTRATION RESEARCH AND CONSULTING SERVICES
November 17, 2003 – Quintiles Transnational Corp. today announced the launch of Quintiles Strategic Research Services, a new global business division specializing in the design and delivery of non-registration research studies. -
QUINTILES SIGNS AGREEMENT FOR CENTRAL LAB SERVICES IN CHINA
October 21, 2003 – Quintiles Transnational Corp. today announced an agreement with the Peking Union Medical College Hospital (PUMCH) in Beijing to expand Quintiles' central laboratory services in China. -
QUINTILES COMPLETES MERGER WITH PHARMA SERVICES
September 25, 2003 – Quintiles Transnational Corp. (Nasdaq: QTRN) today announced that it has completed its merger with Pharma Services Acquisition Corp. ("Merger Sub"), a subsidiary of Pharma Services Holding, Inc. ("Pharma Services"), the company formed for the acquisition of Quintiles by Dennis B. Gillings, Ph.D., Chairman and founder of Quintiles, and One Equity Partners LLC, the private equity arm of Bank One Corporation. Other equity investors in Pharma Services include Temasek Holdings, Texas Pacific Group, Perseus-Soros BioPharmaceutical Fund (PSBF) and Mitsui & Co. Completion followed the Quintiles shareholder meeting today at which Quintiles shareholders approved the proposed merger. -
QUINTILES SIGNS PURCHASE AGREEMENT TO ISSUE SENIOR SUBORDINATED NOTES
September 13, 2003 – Quintiles Transnational Corp. (Nasdaq: QTRN) today announced that it has entered into a purchase agreement through which Quintiles intends to issue and sell $450 million principal amount of 10.0% senior subordinated notes due 2013 in connection with its proposed merger with an affiliate of Pharma Services Holding, Inc., the company formed for the acquisition of Quintiles by Dennis B. Gillings, Ph.D., Chairman and founder of Quintiles, and One Equity Partners, LLC, the private equity arm of Bank One Corporation. Holders of the notes will be granted certain exchange and registration rights with respect to the notes. The proposed merger and the completion of the financing, including consummation of the transactions contemplated by the purchase agreement, are subject to customary conditions, including Quintiles' shareholder approvals. -
QUINTILES SCHEDULES SPECIAL SHAREHOLDER MEETING SEPT. 25
August 27, 2003 – Quintiles Transnational Corp. (Nasdaq: QTRN) today announced that a special meeting of shareholders will be held Thursday, Sept. 25, to vote on the proposed merger agreement between Quintiles Transnational and Pharma Services Holding, Inc. -
QUINTILES ANNOUNCES ITS INTENTION TO OFFER $450 MILLION OF SENIOR SUBORDINATED NOTES
August 26, 2003 – Quintiles Transnational Corp. (Nasdaq: QTRN) today announced that it intends to offer $450 million principal amount of Senior Subordinated Notes due 2013 in connection with its merger with a wholly-owned subsidiary of Pharma Services Holding, Inc., the company formed for the acquisition of Quintiles by Dennis B. Gillings, Ph.D., Chairman and founder of Quintiles, and One Equity Partners, LLC, the private equity arm of Bank One Corporation. The Notes will be guaranteed by Quintiles' U.S. subsidiaries. Holders of the Notes will be granted certain exchange and registration rights with respect to the Notes. The net proceeds will be used to finance the merger and to refinance a portion of Quintiles' existing debt. The consummation of the offering is conditioned upon the consummation of the merger. -
Quintiles Transnational Reports 2nd Quarter EPS of $0.25
August 12, 2003 – Quintiles Transnational Corp. (Nasdaq: QTRN) today announced financial results for the quarter ended June 30, 2003. Earnings per share for second quarter 2003 were $0.25 on a diluted basis, a 47% increase from second quarter 2002 EPS of $0.17 and exceeding analysts' consensus expectation of $0.14 as reported by First Call. Net income for second quarter 2003 was $29.6 million, a 44% increase from second quarter 2002 net income of $20.6 million. Total gross revenues and net revenues for second quarter 2003 were $520 million and $423 million, respectively, compared to $498 million and $390 million for second quarter 2002. -
QUINTILES TRANSNATIONAL ANNOUNCES LIVE WEBCAST
August 6, 2003 – Quintiles Transnational Corp. (Nasdaq: QTRN) today announced that it will conduct a live webcast of its second quarter 2003 earnings release conference call on Wednesday, Aug. 13, at 11 a.m. EDT. -
QUINTILES REPORTS 1ST QUARTER EARNINGS PER SHARE OF $0.21
April 21, 2003 – Quintiles Transnational Corp. (Nasdaq: QTRN) today announced financial results for the quarter ended March 31, 2003. Income from continuing operations per share on a diluted basis for first quarter 2003 was $0.21, which represents a 48% increase from first quarter 2002 income from continuing operations per share of $0.14. Income from continuing operations for first quarter 2003 was $25.2 million, a 46% increase compared to $17.3 million from a year ago. Total gross revenues and net revenues for first quarter 2003 were $512 million and $417 million, respectively, compared to $493 million and $398 million for first quarter 2002. Earnings per share for first quarter 2002 were $0.52, including $0.38 due to the cumulative effect of a change in an accounting principle. -
QUINTILES TRANSNATIONAL CORP. ANNOUNCES LIVE WEBCAST OF ITS FIRST QUARTER 2003 EARNINGS RELEASE CONFERENCE CALL
April 11, 2003 – Quintiles Transnational Corp. (Nasdaq: QTRN) will conduct a live webcast of its first quarter 2003 earnings release conference call on April 22, at 11 a.m. EDT.