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.
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