Quintiles News

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Latest Press Release

Quintiles Announces Pricing of Secondary Public Offering

Research Triangle Park, NC – July 31, 2015 – Quintiles Transnational Holdings Inc. (“Quintiles”) (NYSE: Q) announced today the pricing of an underwritten, secondary public offering of 7,000,000 shares of its common stock by certain of its existing shareholders, including investment funds associated with Bain Capital Investors, LLC, affiliates of TPG Global, LLC, affiliates of 3i Corporation and Temasek Life Sciences Private Limited (the “Selling Shareholders”) at a price... Learn More
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Press Release Jul 31, 2015
Research Triangle Park, NC – July 31, 2015 – Quintiles Transnational Holdings Inc. (“Quintiles”) (NYSE: Q) announced today the pricing of an underwritten, secondary public offering of 7,000,000 shares of its common stock by certain of its existing shareholders, including investment funds associated with Bain Capital Investors, LLC, affiliates of TPG Global, LLC, affiliates of 3i Corporation and Temasek Life Sciences Private Limited (the “Selling Shareholders”) at a price to the public of $77.85 per share. Quintiles will not receive any proceeds from the sale of the shares by the Selling Shareholders in this offering. Morgan Stanley is acting as the sole underwriter for this offering. The offering is expected to close on August 5, 2015, subject to customary closing conditions. An...
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Press Release Jul 30, 2015
Research Triangle Park, NC – July 30, 2015 – Quintiles Transnational Holdings Inc. (“Quintiles”) (NYSE: Q) announced today the launch of an underwritten, secondary public offering of 7,000,000 shares of its common stock by certain of its existing shareholders, including investment funds associated with Bain Capital Investors, LLC, affiliates of TPG Global, LLC, affiliates of 3i Corporation and Temasek Life Sciences Private Limited (the “Selling Shareholders”). Quintiles is not offering any stock in this transaction and will not receive any proceeds from the sale of the shares by the Selling Shareholders in the offering. Morgan Stanley is acting as the sole underwriter for this offering. An automatic shelf registration statement (including a prospectus) relating to the offering of...
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Press Release Jul 29, 2015
Research Triangle Park, NC – July 29, 2015 – Quintiles Transnational Holdings Inc. (“Quintiles” or the “Company”) (NYSE: Q) today reported its financial results for the quarter ended June 30, 2015. 9.8% constant currency service revenue growth compared to the second quarter of 2014 20.0% increase in diluted adjusted EPS to $0.78 per share compared to the second quarter of 2014, second quarter GAAP reported diluted EPS of $0.67 7.6% net new business growth compared to the second quarter of 2014 representing a 1.23 book-to-bill ratio $2.75 billion debt refinancing and a $250 million share repurchase Increasing full year 2015 service revenue constant currency growth guidance to 8.5% - 9.5% compared to full year 2014 and increasing diluted adjusted EPS guidance to...
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Press Release Jul 02, 2015
RESEARCH TRIANGLE PARK, N.C. and MADISON, N.J. – July 2, 2015 – Quintiles and Quest Diagnostics today announced the launch of Q2 Solutions, their new combined clinical trials laboratory services organization. Q2 Solutions brings together the clinical trials laboratory operations of the two parent organizations to provide biopharmaceutical customers with the diverse capabilities and end-to-end services required in the rapidly evolving biopharmaceutical industry. Today’s launch of Q2 Solutions is the result of the close of the previously announced global clinical trials laboratory services joint-venture transaction. Q2 Solutions is strongly positioned as the second-largest central laboratory services company in the world and provides services to customers across all segments of the...
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Press Release Jul 01, 2015
RESEARCH TRIANGLE PARK, N.C. – July 1, 2015 – Quintiles Transnational Holdings Inc. (NYSE: Q) will release its second-quarter 2015 financial results Wednesday, July 29, 2015 prior to its quarterly earnings call at 8:00 a.m. EDT. The conference call will be accessible, live via webcast, on the Investor Relations section of the Quintiles website at www.quintiles.com/investors. To participate via telephone, please dial +1 (855) 710-5091 in the United States or +1 (706) 902-0591 outside the United States, approximately 15 minutes before the scheduled start of the call. An archived edition of the conference call will be available online at www.quintiles.com/investors after 1:00 p.m. EDT on Wednesday, July 29th. About Quintiles Quintiles (NYSE: Q) helps biopharma and other healthcare...
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Press Release Jun 16, 2015
RESEARCH TRIANGLE PARK, N.C. – June 16, 2015 – Quintiles, the world’s largest biopharmaceutical services company, is extending its award-winning Quintiles Infosario® technology platform with mobile access to critical clinical trial information. Using the mobile app, key stakeholders in the drug development process can conveniently access site start-up, recruitment and compliance information as well as status updates on data queries and project milestones. “With so much at stake in the successful delivery of development programs, faster decision making is fundamental,” said Margaret Keegan, senior vice president of Data Sciences & Strategy at Quintiles. “Infosario One provides instant and intuitive access to insights at your fingertips, wherever and whenever you need them.” The Infosario...
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Press Release Jun 15, 2015
RESEARCH TRIANGLE PARK, N.C. – June 15, 2015 – Quintiles, the world’s largest biopharmaceutical services company, today announced the addition of advanced statistical monitoring and predictive analytics capabilities to its risk-based monitoring (RBM) solution. Predictive and Advanced Analytics combine Quintiles’ experience as the RBM leader with its deep therapeutic and strong statistical sciences heritage to enable study teams to identify the right signals and predict clinical trial site performance and potential patient safety issues. Predictive and Advanced Analytics are the first such model-based capabilities fully integrated into an RBM solution on the market today. Underpinned by the award-winning Quintiles Infosario® technology platform and Quintiles’ deep data resources, these new...
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Press Release Jun 02, 2015
RESEARCH TRIANGLE PARK, N.C. – June 2, 2015 – Quintiles CEO Tom Pike will present at the Jefferies 2015 Global Healthcare Conference on Wednesday, June 3 in New York City at the Grand Hyatt New York. Pike’s presentation was rescheduled from Tuesday after multiple, weather-related flight cancellations kept him for reaching the conference as planned. The Quintiles presentation will now begin at 10:00 a.m. EDT on Wednesday. Investors may access a live audio webcast of the presentation on the Quintiles’ investor relations website at www.quintiles.com/investors. An archived audio version of the presentation will be available later in the day Wednesday, June 3rd. About Quintiles Quintiles (NYSE: Q), a Fortune 500 company, is the world’s largest provider of biopharmaceutical development and...
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Press Release May 29, 2015
SHANGHAI – 29 May 2015 – More than 30 leaders from China’s government and healthcare communities joined Quintiles executives here today in officially opening the Quintiles Greater China Regional Headquarters, further expanding its ability to help Chinese companies expand globally and multinational companies succeed in the world’s second largest biopharmaceutical market. The event comes 17 years after Quintiles first opened an office in Shanghai. “Today we celebrate not only Quintiles’ growth, but also Greater China’s emergence as a global player in biopharma R&D,” said Quintiles founder and Executive Chairman Dennis Gillings, CBE, Ph.D., at the opening ceremony at Shanghai’s Feng Lin Science Park. “Two decades ago we opened in Shanghai with 20 employees across Greater China – now we...
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Press Release May 25, 2015
SINGAPORE – 25 May 2015 – To help Asia-Pacific emerging biopharmaceutical companies achieve their growth aspirations, Quintiles today launched a new solution set tailored to meet the needs of emerging companies in the world’s most diverse and dynamic healthcare market. “Asia-Pacific is poised to become the world’s next biopharma powerhouse, not least because of its growing number of emerging companies with promising pipelines,” said Senior Vice President Ross Horsburgh, M.D., Quintiles Head of Clinical Development, Asia-Pacific.  “These companies face formidable challenges as they look to expand into markets or therapeutic areas in which they may have limited or no experience.   “From start-ups to larger emerging players, our Asia-Pac solution is designed to improve their probability...
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Press Release May 20, 2015
RESEARCH TRIANGLE PARK, N.C. – May 20, 2015 – Quintiles CEO Tom Pike will present at the Jefferies 2015 Global Healthcare Conference on Tuesday, June 2, 2015 in New York City at the Grand Hyatt New York. The Quintiles presentation will begin at 11:30 a.m. (EDT). Investors may access a live audio webcast of the presentation on the Quintiles’ investor relations website at www.quintiles.com/investors. An archived audio version of the presentation will be available later that day. About Quintiles Quintiles (NYSE: Q), a Fortune 500 company, is the world’s largest provider of biopharmaceutical development and commercial outsourcing services. With a network of more than 33,000 employees conducting business in approximately 100 countries, we helped develop or commercialize all of 2014’s top-75...
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Press Release May 19, 2015
RESEARCH TRIANGLE PARK, NC – May 19 2015 – Quintiles Transnational Holdings Inc. (“Quintiles”) (NYSE: Q) announced today the closing of an underwritten, secondary public offering of 11,855,050 shares of its common stock by certain of its existing shareholders, including investment funds associated with Bain Capital Investors, LLC, affiliates of TPG Global, LLC, affiliates of 3i Corporation, Temasek Life Sciences Private Limited and Dennis Gillings, CBE, and his affiliates (the “Selling Shareholders”) at a price to the public of $65.00 per share. Of the total shares sold in the offering, Quintiles repurchased 3,855,050 shares from the underwriters at a price of $64.85 per share, which is the same as the price per share paid to the Selling Shareholders by the underwriters. Quintiles did...
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Press Release May 14, 2015
Research Triangle Park, NC, May 14, 2015 – Quintiles Transnational Holdings Inc. (“Quintiles”) (NYSE: Q) announced today the pricing of an underwritten, secondary public offering of 11,855,050 shares of its common stock by certain of its existing shareholders, including investment funds associated with Bain Capital Investors, LLC, affiliates of TPG Global, LLC, affiliates of 3i Corporation, Temasek Life Sciences Private Limited and Dennis Gillings, CBE, and his affiliates (the “Selling Shareholders”) at a price to the public of $65.00 per share. Quintiles intends to repurchase from the underwriters a number of shares having an aggregate value of approximately $250 million. Quintiles is not offering any stock in this transaction and will not receive any proceeds from the sale of the...
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Press Release May 13, 2015
Research Triangle Park, NC, May 13, 2015 – Quintiles Transnational Holdings Inc. (“Quintiles”) (NYSE: Q) announced today the launch of an underwritten, secondary public offering of 11,855,050 shares of its common stock by certain of its existing shareholders, including investment funds associated with Bain Capital Investors, LLC, affiliates of TPG Global, LLC, affiliates of 3i Corporation, Temasek Life Sciences Private Limited and Dennis Gillings, CBE, and his affiliates (the “Selling Shareholders”), of which Quintiles intends to repurchase from the underwriters a number of shares having an aggregate value of approximately $250 million. Quintiles is not offering any stock in this transaction and will not receive any proceeds from the sale of the shares by the Selling Shareholders in this...
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Press Release May 12, 2015
RESEARCH TRIANGLE PARK, NC – May 12, 2015 – Quintiles Transnational Holdings Inc. (NYSE: Q) (the “Company” or “Quintiles”) today announced the completion of its previously announced refinancing.  In the refinancing, the Company’s wholly-owned subsidiary, Quintiles Transnational Corp. (“Quintiles Transnational”), entered into new senior secured credit facilities totaling $1.95 billion, consisting of a $500 million revolving credit facility and $1.45 billion of term loans. In addition, Quintiles Transnational completed the offering of its $800 million principal amount of 4.875% senior unsecured notes due 2023 (the “Senior Notes”) in a private placement that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”).  Net proceeds from the...
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Press Release May 06, 2015
RESEARCH TRIANGLE PARK, NC – May 6, 2015 – Quintiles Transnational Holdings Inc. (NYSE: Q) (the “Company” or “Quintiles”) announced today that Quintiles Transnational Corp. (“Quintiles Transnational”), its wholly owned subsidiary, has priced $800 million principal amount of 4.875% senior unsecured notes due 2023 (the “Senior Notes”) offered in a private placement that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The Company intends to use the net proceeds of the offering, together with proceeds from its previously announced proposed senior secured credit facility, which is expected to increase to a total of $1.95 billion, including $1.45 billion of term loans, to refinance its existing credit facility, as well as for...
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Press Release May 04, 2015
RESEARCH TRIANGLE PARK, NC – May 4, 2015 – Quintiles today announced the expansion of its bioanalytical laboratory services with the establishment of a GLP-compliant bioanalytical liquid chromatography-mass spectrometry (LC-MS) laboratory. The laboratory, which is located in Oss, the Netherlands, will have extensive bioanalytical testing capabilities and will provide a European facility for Quintiles customers to conduct pharmacokinetics studies.  The Oss laboratory facility combines a cohort of employees with extensive industry experience, automated processes, and a state-of-the-art facility equipped to increase high-quality throughput. The new laboratory is led by Dr. Benno Ingelse, an industry expert with more than 15 years of (bio)analytical experience.  In addition, the Oss...
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Press Release May 04, 2015
Research Triangle Park, NC - Quintiles CFO Kevin Gordon will present at the Bank of America Merrill Lynch 2015 Health Care Conference on Tuesday, May 12, 2015 in Las Vegas at the Encore Wynn. The Quintiles presentation will begin at 12:00 p.m. PDT. Investors may access a live audio webcast of the presentation on the Quintiles’ Investor Relations website at www.quintiles.com/investors. An archived audio version of the presentation will be available later that day. About Quintiles Quintiles (NYSE: Q) is the world’s largest provider of biopharmaceutical development and commercial outsourcing services with a network of more than 33,000 employees conducting business in approximately 100 countries. We have helped develop or commercialize all of the top-75 best-selling drugs on the market....
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Press Release May 01, 2015
RESEARCH TRIANGLE PARK, N.C. – May 1, 2015 – Quintiles Transnational Holdings Inc. (NYSE: Q) (the “Company” or “Quintiles”) announced today a proposed offering by its wholly owned subsidiary, Quintiles Transnational Corp. (“Quintiles Transnational”), of $800 million principal amount of senior unsecured notes due 2023 (the “Senior Notes”), subject to market and other conditions. The Senior Notes will be offered in a private placement that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The Company intends to use the net proceeds of the offering, together with proceeds from its previously announced proposed new senior secured credit facility, to refinance its existing credit facilities, as well as for general corporate...
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Press Release Apr 30, 2015
RESEARCH TRIANGLE PARK, N.C. – April 30, 2015 – Quintiles, the world’s largest biopharmaceutical services company, has been named to the InformationWeek Elite 100, a ranking of the top business technology innovators in the U.S. In compiling the InformationWeek Elite 100, the publication tracks the technology-based investments, strategies and results of some of the best-known organizations in the country.  Unique among corporate rankings, the Elite 100 spotlights the power of business technology innovation.  Quintiles was previously named to the InformationWeek 500 for five consecutive years. Accelerating the Clinical Trial Process:  Quintiles Infosario® Site Targeting Quintiles was named to the 2015 InformationWeek Elite 100 for its innovative Quintiles Infosario Site Targeting...
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