IMS debuts strongly

|About: IMS Health Holdings, Inc. (IMS)|By:, SA News Editor

Healthcare research firm IMS Health Holdings (IMS) zooms up in its first day of trading on heavy volume.

The firm, formed in 1954, boasts the largest healthcare database in the world with 10 petabytes of data from 100,000 data suppliers and 780,000 data feeds. It contains 400M anonymous longitudinal patient records and tracks 85% of the world's prescriptions by dollar volume.

The company processes data from 45B healthcare transactions per year.

2013 sales were $1.9B, operating income $276M and CF Ops $322M.