Page 26 Bain Capital Healthcare

When Bain Capital first encountered what
was then called Quintiles Transnational,
its core contract research (CRO) business
was clearly positioned for major growth.
But midway through the investment,
Bain Capital helped the company to
also become a major provider of data
to the global pharmaceutical industry,
and helped to propel the pharmaceutical
industry in the process.
Founded in 1982, by 2008 Quintiles had
become the leading global contract
research organization, a provider
of outsourced clinical trials to the
pharmaceutical industry. It also had a
smaller business providing outsourced
pharmaceutical sales teams.
The growth was driven in part by the
tailwind of an industry moving toward
more variable cost structures but also
by a strong trend toward globalization of
clinical development programs. Quintiles
LIFE SCIENCES
Transforming
drug discovery
How IQVIA grew into the leading
provider of contract research and
pharmaceutical data
Quick facts
OVERVIEW
Leading provider of
biopharmaceutical development
services and pharmaceutical data
worldwide
HQ
Durham, NC
INVESTMENT
2008 (Quintiles)
KEY EVENTS
2013: IPO
2016: Merger with IMS
INVESTORS
Private Equity
WEBSITE
iqvia.com
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