IQVIA Seen Benefiting From Clinical Trial Rebound Through 2026 on AI Strength, RBC Says

MT Newswires Live03-04

IQVIA (IQV) is "well positioned" to benefit from a projected rise in clinical trial activity through 2026, due to its large "proprietary data" assets, strong pharma relationships, and advantages in real-world evidence and artificial intelligence-driven analytics, RBC Capital Markets said in a report emailed Tuesday.

The brokerage cited numerous indicators pointing to an acceleration in clinical trial activity into 2026, signaling an "inflection" in the contract research organization market, adding that IQVIA's scale and "differentiated" analytics capabilities give it a "competitive edge" as activity rebounds.

The firm highlighted IQVIA's database of about "1.2 billion patient records" and more than 64 petabytes of proprietary data, which it said can enhance clinical trial design, site selection and patient recruitment. As real-world evidence, or RWE, becomes increasingly embedded in clinical studies, RBC believes IQVIA's data advantage will be a key driver of outperformance.

RBC initiated coverage of IQVIA with an outperform rating and a $221 price target.

Price: 170.38, Change: -3.89, Percent Change: -2.23

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment