RESEARCH TRIANGLE PARK, N.C. - March 19, 2001 - Quintiles Transnational Corp. (Nasdaq: QTRN) today announced that on Friday, March 16, U.S. District Court Judge Terrence W. Boyle issued a preliminary injunction against WebMD. The court's order states, "WebMD is ordered to continue the uninterrupted and unaltered flow of data to Quintiles as represented before this court during the hearing on March 15, 2001, in Greenville, North Carolina." The preliminary injunction will continue until further notice, the order states.
"Quintiles is pleased that in open court WebMD agreed to meet all of Quintiles' demands for data delivery, and that the court concluded that the issuance of an order to compel WebMD's continued performance was appropriate," said John S. Russell, Senior Vice President and General Counsel, Quintiles Transnational Corp. "This is the data flow we need for our Informatics products."
The Board of Directors of WebMD has been asked to appoint a special committee to investigate WebMD management's handling of this and other WebMD contractual obligations.
Pharmaceutical companies and healthcare organizations rely on Quintiles' de-identified, aggregated informatics data for a variety of purposes, including public health screening; analyzing disease prevalence trends and treatment patterns; identification of disease "clusters" in geographic regions; and drug safety surveillance.
Quintiles Transnational is the world's leading provider of information, technology and services to bring new medicines to patients faster and improve healthcare. Headquartered near Research Triangle Park, North Carolina, Quintiles employs a global workforce of 18,000 in 39 countries. Quintiles Transnational is a member of the S&P 500 and Fortune 1000. For more information visit the company's Web site at www.quintiles.com.