Company news: IMS, SDI and inVentiv Health

Share this article:
IMS said global spending on medicine will slow over the next five years to 3%-6% reflecting slowing growth in developed markets due to patent losses and policy changes – compared to a CAGR of 6.2% for the past five years. The data firm cited lower spending growth in the US, the continuing impact of patent expiries and belt-tightening as factors in the slowdown, offset by continued strong growth in emerging markets like Brazil, Russia, India and China, whose collective spending will become the second largest behind the US, surpassing Europe as a profit center for pharmas. 
 
SDI's Pollen.com launched an allergy alert app for Ford's dashboard SYNC system, aimed at reducing driver distractions. The app offers one-day alerts and four-day location-specific forecasts on allergy, asthma, cold and cough, along with UV sensitivity. 
 
InVentiv Health is buying contract research organization PharmaNet Development Group. It's the firm's second CRO investment since January.
Share this article:
You must be a registered member of MMM to post a comment.

Email Newsletters

MM&M Future Leaders


Register now

Early bird $1,950 before 31 October 2014

*Group discounts available on request 

MM&M EBOOK: PATIENT ACCESS

Patient access to pharmaceuticals is a tale of two worlds—affordability has improved for the majority, while the minority is hampered by cost, distribution and red tape. To provide marketers with a well-rounded perspective, MM&M presents this e-book chock full of key insights. Click here to access it.

More in Business Briefs

Monday Moves: September 15

Hires and promotions for manufacturers, regulatory and agencies

Kantar acquires Evidências, expands Brazilian presence

The company's acquisition signals the growing importance of understanding the Brazilian healthcare market and evidence-based healthcare management services.

Study says statins not enough for diabetic hearts

Researchers using an experimental test have discovered that the 50% of surveyed diabetics may also have undetected heart muscle damage.