| [April 24, 2012] |
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IMS Health Expands Services in Pharma R&D With Acquisition of DecisionView
DANBURY, Conn. --(Business Wire)--
IMS Health has acquired DecisionView, a San Francisco-based software
solutions company that helps life sciences organizations plan and track
patient enrollment for clinical trials around the world. DecisionView
offers its clients an innovative suite of decision support tools to
improve the speed, efficiency and performance of clinical trial planning
and management.
IMS will integrate its market-leading health outcomes, provider and
anonymized patient data assets with DecisionView's advanced optimization
technology, predictive analytics and performance data gathered from more
than 1,200 clinical studies across 90+ countries. This combination will
enable clinical trial sponsors and research organizations, for the first
time, to base vital site selection and patient enrollment decisions on
global, real-world data and benchmarks.
"Today, the clinical trial planning and enrollment process is
inefficient due to the lack of real-world data and analytics in trials
management and decision making," says Andrew Kress, senior vice
president, IMS Healthcare Value Solutions. "Approximately 90 percent of
clinical trials don't finish on time, with trial enrollment cited as the
leading cause of the delays. Through this acquisition, we will enhance
clinical trial productivity - transforming the way patient studies are
planned and executed."
DecisionView becomes part of IMS's Healthcare Value Solutions business,
which connects healthcare stakeholders thrugh real-world evidence to
demonstrate the value of medicines, enhance quality and drive improved
results. IMS Healthcare Value Solutions is focused on health economics
and outcomes research, government solutions, payer and provider
solutions, and clinical trial optimization services that include patient
enrollment and protocol feasibility.
"We're very excited to join IMS's team," says Linda Drumright,
DecisionView president and CEO. "Our clients recognize the need for more
data and analytics to guide their clinical trial enrollment and
performance management activities - and they're actively looking for
innovative solutions. The combination of DecisionView and IMS is
powerful and elevates our value to clients by opening up a whole new set
of possibilities for clinical trial decision-making."
About DecisionView
DecisionView develops innovative web-based software solutions that
enable life sciences organizations around the world to improve clinical
trial performance. DecisionView's flagship solution, StudyOptimizer®,
is a web-based solution that helps clinical trial organizations plan,
forecast and track patient enrollment. DecisionView Enrollment BenchmarksTM
aggregate cross-industry performance data from clinical trials that have
completed enrollment, providing insight to enable more realistic
planning and forecasting. DecisionView products are used by 8 of the top
10 global pharmaceutical companies, and have been used on clinical
studies with over 450,000 subjects enrolled in 17 different therapeutic
areas. For additional information about DecisionView, go to http://www.decisionview.com.
About IMS Health
IMS Health is a leading provider of information, services and technology
for the healthcare industry around the world. The company draws on its
global technology infrastructure and unique combination of in-depth,
sophisticated analytics, on-shore and off-shore commercial services, and
software platforms to help clients better understand the performance and
value of medicines. With a presence in 100+ countries and more than 55
years of industry experience, IMS serves leading decision makers in
healthcare, including pharmaceutical manufacturers and distributors,
providers, payers, government agencies, policymakers, researchers and
the financial community. Additional information is available at http://www.imshealth.com.

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