IQVIA Holdings, Inc. · NYSE:IQV
IQVIA — Quintiles — J.P. Morgan 2016 Healthcare Conference
15 slides from IQVIA's conference presentation, Jan 12, 2016
Slide 1: J.P. Morgan 2016 Healthcare Conference
J.P. Morgan 2016 Healthcare Conference Tom Pike CEO January 12, 2016 © Copyright 2016 Quintiles NYSE: Q
Slide 2: Forward Looking Statements and Use of Non-GAAP Financial Measures
Forward Looking Statements and Use of Non-GAAP Financial Measures This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements refl
Slide 3: Enterprise Vision and Strategy
Enterprise Vision and Strategy Quintiles We bring people and knowledge Vision together for a healthier world. Biopharma Our Customer Promise Integrated Product Healthcare Development Services Excellence at Global People, Process & Technology Scientific, Quantitative Therapeutic & & Analytical Rx Exp
Slide 4: Attractive and Growing Market
Attractive and Growing Market ~$200bn total market across both segments with increasing outsourcing penetration which drives estimated growth of 6% – 8% per year from 2015 – 2018 Approval Phase Commercial Phase I Phase II Phase III Healthcare Delivery IV Product Development Services Integrated Healt
Slide 5: Deep Therapeutic, Domain, & Regulatory Expertise Across Fast-Growing Therapy Areas
Deep Therapeutic, Domain, & Regulatory Expertise Across Fast-Growing Therapy Areas Our resources provide competitive advantage, breadth of offerings, & ability to innovate Apply knowledge & services across Ability to serve the diverse needs of therapy areas our biopharma customers Therapeutic Center
Slide 6: Quintiles' Global Delivery Network Extends Our Industry Leadership Position
Quintiles’ Global Delivery Network (GDN) Extends Our Industry Leadership Position Strategically leverages our global presence… …and drives quality, efficiency, & productivity Source top talent around the world Strategically manage peaks and troughs of supply and demand in key nodes Standardize proce
Slide 7: Integrated Data Assets Combine Our Deep Expertise and Global Scale
Integrated Data Assets Combine Our Deep Expertise and Global Scale Data Integration is key to unlocking the productivity puzzle Clinical research data collected across 487 indications Access to >61M patient lives in 18 therapeutic areas via Electronic Health Records from >175,000 providers since 200
Slide 8: Why Quintiles? The integration of our assets creates differentiated value
Why Quintiles? The integration of our assets creates differentiated value Global harmonized Deep therapeutic, domain, & best in class Technology & informatics regulatory expertise processes & workforce 950 >26 Quintiles Infosario® Platform Medical doctors Prime sites Planning & Design Global Safety
Slide 9: Track Record of Profitable Growth and Consistency
Track Record of Profitable Growth and Consistency Long-term performance underpinned with a diversified customer portfolio Service Revenues Adjusted EBITDA(1) ’11 – ’14 CAGR = 8.1% ’11 – ’14 CAGR = 13.9% 4,400 $4,166 $4,262 800 $784 $3,808 $725 $3,692 $3,295 $606 3,300 600 $546 $490 $ Millions $ Mill
Slide 10: 2015 Financial Highlights
2015 Financial Highlights Nine months ended September 30, 2015 Constant Currency Revenue 1.27x Book-to-bill LTM 9/30/15 8.8% Growth(1) • 1.36x in Product Development • 5.6% in Product Development • 1.02x in IHS • 18.3% in IHS Completion of $2.75B debt refinancing • Extends maturities and lowers
Slide 11: Quintiles: A differentiated market leader
Quintiles A differentiated market leader Strong free cash flow Largest backlog in industry Consistent long Geographically term financial diversified revenue base performance First mover advantage with Clinical Development Successful M&A Informatics technology and JV track record Market leader in Pro
Slide 12: Appendix
Appendix QUINTILES’ 12
Slide 13: Adjusted EBITDA Reconciliation
Adjusted EBITDA Reconciliation Adjusted EBITDA Reconciliation LTM period ended (In Thousands) 9/30/2015 2014 2013 2012 2011 Adjusted EBITDA: Net Income Attributable to Quintiles Transnational Holdings Inc. $371,061 $356,383 $226,591 $177,546 $241,772 Interest Expense, Net 98,264 97,179 119,571 131,3
Slide 14: 2015 Constant Currency Reconciliation
2015 Constant Currency Reconciliation Service Revenues and Income from Operations (millions of dollars) Three Months Ended September 30 Year on Year Growth Exchange Exchange Consolidated Actual Impact Constant Actual Impact Constant Service Revenues $ 1,093.5 $ (55.6) $ 1,149.1 3.1% (5.2%) 8.3% Inco
Slide 15: Reconciliation of Net Income to Non-GAAP Adjusted Net Income and Diluted Adjusted EPS
Reconciliation of Net Income Attributable to Quintiles to Non-GAAP Adjusted Net Income and Diluted Adjusted EPS Three Months Ended September 30 Nine Months Ended September 30 (millions of dollars) 2015 1 2014 1 2015 1 2014 1 EPS EPS EPS EPS Net Income Attributable to Quintiles $ 111.3 $ 0.89 $ 92.7