Some academics, for instance, think that CROs like Quintiles should stay away from analyzing data.
FORBES: The Next Billionaire: A Statistician Who Changed Medicine
Quintiles Transnational, the world's largest pharma contract research outfit, has opened several centers and is expanding.
The countries were re-ranked each year, the quintiles were re-based and fresh investments were made.
These issues will be even more of an issue for Quintiles as it becomes a public company again.
FORBES: The Next Billionaire: A Statistician Who Changed Medicine
The three middle quintiles, from the 80th percentile down to the 20th, are classified overweight, hold and underweight.
Only a few, including the Cleveland Clinic, Harvard University, and Duke, are real challengers to Quintiles and its peers.
FORBES: The Next Billionaire: A Statistician Who Changed Medicine
He founded Quintiles in 1982 in a 1, 000-square-foot house with only five employees.
FORBES: The Next Billionaire: A Statistician Who Changed Medicine
Quintiles and Covance both do work for the world's 50 largest drug companies.
Quintiles insists that it has surmounted Indian hurdles without compromising quality or ethics.
The Quintiles IPO is something of a personal triumph: Gillings is proving Wall Street wrong by selling it shares.
FORBES: The Next Billionaire: A Statistician Who Changed Medicine
Over the same time period we can break the countries into quintiles (fifths) and rank them in terms of return.
They classified all their countries into quintiles according to how quickly GDP had grown in each over the previous five years.
To better understand the potential success rate for a couple entering retirement, stock market history can be dissected into five ranked sets called quintiles.
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As shown in a prior note to clients, the bottom two quintiles of U.S. citizens spend 30%-60% of their after-tax income on food and energy.
Out of the glare of the public markets, Quintiles has flourished.
FORBES: The Next Billionaire: A Statistician Who Changed Medicine
Ferzaan Engineer, the boss of Quintiles's venture, says that for some diseases this can dramatically cut the time needed to bring new therapies to market.
"We do it in 6 months, " says Dennis Gillings, Quintiles' chairman.
Quintiles has also expanded its business model to also include getting royalties on some drugs it helps develop and sell, including with Eli Lilly and Allergan.
FORBES: The Next Billionaire: A Statistician Who Changed Medicine
From 2004 through 2011, Quintiles says it helped develop or commercialize 85% of central nervous system drugs, 76% of oncology drugs and 72% of cardiovascular drugs.
FORBES: The Next Billionaire: A Statistician Who Changed Medicine
We also looked at the retention package offered by Bank of America to the newly adopted Merrill Lynch brokers who were in the upper production quintiles.
Bill Easterly of New York University selected those who were in the three middle quintiles of income (leaving out the poorest 20% and the richest 20%).
Quintiles's answer to patients' failing to finish long-term trials is to set up a network of social workers to follow them after they leave the hospital.
Kroll has some questions about whether Quintiles invests in the same drugs for which it runs clinical trials and whether that represents a conflict of interest.
Pfizer and Quintiles, two American health-care firms, find India's crowded hospitals ideal venues for conducting cheap trials of new drugs (strictly to international ethical standards, they insist).
These days, even academic centers use Quintiles for some tasks.
FORBES: The Next Billionaire: A Statistician Who Changed Medicine
He also owns his own airplane, which Quintiles sometimes uses.
FORBES: The Next Billionaire: A Statistician Who Changed Medicine
Quintiles, the leading firm drug giantis use for outsourcing clinical trials and marketing, has an interesting new survey out on how executives, doctors, and patients view the value of new drugs.
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Hungry entrepreneurialism has turned PPD into one of the largest and leanest providers of clinical trial services to the drug and biotech industries (Covance and private Quintiles are the biggest overall).
Cutting corporate taxes offsets less than a third of carbon tax burden for households in the first three income quintiles, but more than offsets the carbon tax burden in the highest-income group.
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