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Ventiv Health (VTIV)
If pill makers need good medicine too, then Ventiv Health is just what the doctor ordered. Based in Somerset, N.J., Ventiv Health provides clinical, communications, and commercial services to the pharmaceutical and biotech industries. A flexible, competitively priced outsourcer for Big Pharma , inVentiv positions itself as a one-stop shop for small- and mid-sized businesses by cross-servicing the entire life cycle of a drug. In 2005, the company reported consolidated sales of $556.3 million--an increase of 58% over 2004. Now it's pouring that cash back into the company, positioning it to be a leader in pharma services. Ventiv made eight acquisitions last year, including InChord Communications, previously the world's largest independent healthcare marketing company. The investment could be a spoonful of sugar to an already healthy company.
Company Info |
|
| 2005 Rank | NR |
| Market Value* ($ Millions) | 837.0 |
| Sales* ($ Millions) | 609.1 |
| Sales Growth (3-yr. avg. annual) |
39.1 % |
| Profits* ($ Millions) | 44.0 |
| Profit Growth (3-yr. avg. annual) | 114.0 % |
| Return on Inv. Capital (3-yr.) | 10.9 % |
| Share Price 12-Mo. Hi/Lo | 34/16 |
| Share Price As of 4/28/06 | 30 |
| Return on Equity | 17.4 % |
| P/E Ratio | 20 |
| No. of Employees | 4,200 |
| Industry | Health Care Services |
| CURRENT MARKET INFO | VTIV > |
| COMPANY WEB SITE > | |
| Location | Somerset, N.J. |
| Phone | 800 416-0555 |
*Trailing 12 months
Stock price data as of 4/28/06
DATA: Standard & Poor's Compustat
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Company Snapshot
Ventiv Health provides commercialization services to the pharmaceutical and life sciences industries in the U.S. and internationally. It operates through three segments: inVentiv Clinical, inVentiv Communications, and inVentiv Commercial. The inVentiv Clinical segment engages in clinical staffing and recruiting of SAS programmers, data managers, statisticians, monitors and clinical research associates, study and project managers, clinical trials coordinators, safety/regulatory staff, medical writers, scientific and laboratory staff, and other clinical personnel for pharmaceutical and biotechnology clients. This segment also provides data management and statistical analysis services, and executive placement services. The inVentiv Communications segment provides various advertising, communications, patient adherence programs, and other functionally-related services. It also provides medical education, branding consultation, interactive communication development, and consulting and contract marketing services. The inVentiv Commercial segment provides outsourced product commercialization programs for prescription pharmaceutical and other life sciences products; develops and implements data analysis and research technologies to support client decision making within pharmaceutical and biotechnology companies; provides recruitment, training and professional development, marketing support, sample management, and patient services; and licenses software solutions for the implementation of PDMA compliance strategies. The company was founded in 1997. It announced a name change to inVentiv Health in March, 2006 that should be completed by June. Ventiv Health is headquartered in Westerville, Ohio.
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