ICON ICON is a clinical research organization that provides consulting, outsourced development, and commercialization services. | ![]() Precision for Medicine Precision for Medicine is a precision medicine clinical research services organization. | ![]() Syneos Health Syneos Health (formerly known as INC Research) is a biopharmaceutical solutions company. | ![]() PRA Health Sciences PRA Health Sciences is a contract research organization that provides outsourced clinical development services to the biotechnology and pharmaceutical industries. | ![]() Fortrea US Fortrea US (formerly known as Labcorp Drug Development) is a company that specializes in clinical development and patient access solutions. | ![]() IQVIA IQVIA Holdings (formerly known as QuintilesIMS) is a company that offers clinical research services, data analysis, and information for the life sciences and healthcare industries. | PPD PPD (Pharmaceutical Product Development) is a company that provides drug development and laboratory solutions. | |
Founding Date | Founding Date 1990 | Founding Date 2013 | Founding Date 1998 | Founding Date 1976 | Founding Date 1993 | Founding Date 2016 | Founding Date 1985 |
Type | Type Public | Type Subsidiary | Type Subsidiary | Type Subsidiary | Type Subsidiary | Type Public | Type Subsidiary |
Tags | |||||||
Locations | Locations Morrisville, US HQ Buenos Aires, AR Adelaide, AU Montréal, CA Québec, CA Toronto, CA Beijing, CN see more | Locations Raleigh, US HQ Buenos Aires, AR Haymarket, AU South Yarra, AU Minsk, BY Mechelen, BE São Paulo, BR see more | Locations Durham, US HQ | Locations Durham, US HQ Buenos Aires, AR Melbourne, AU North Sydney, AU Wien, AT Antwerpen, BE Wijnegem, BE see more | Locations Wilmington, US HQ Buenos Aires, AR Melbourne, AU Brussels, BE Zaventem, BE São Paulo, BR São Paulo, BR see more | ||
Employees | Employees 41,250 | Employees 1,7802% increase | Employees 29,000 | Employees 18,1003% increase | Employees 15,099 | Employees 93,0003% increase | Employees 24,5842% decrease |
Valuation ($) | Valuation ($) 19.2 b | Valuation ($) N/A | Valuation ($) N/A | Valuation ($) N/A | Valuation ($) N/A | Valuation ($) 39.4 b | Valuation ($) N/A |
Financial | |||||||
Revenue (est.) | Revenue (est.) $8.3b (FY, 2024) | Revenue (est.) N/A | Revenue (est.) $5.4b (FY, 2022) | Revenue (est.) $3.2b (FY, 2020) | Revenue (est.) $5.7b (FY, 2022) | Revenue (est.) $16.3b (FY, 2025) | Revenue (est.) $4.7b (FY, 2020) |
Cost of goods | Cost of goods N/A | Cost of goods N/A | Cost of goods $4.1b (FY, 2022) | Cost of goods $2.3b (FY, 2020) | Cost of goods N/A | Cost of goods $10.9b (FY, 2025) | Cost of goods $1.7b (FY, 2020) |
Gross profit | Gross profit $8.3b (FY, 2024) | Gross profit N/A | Gross profit $1.3b (FY, 2022) | Gross profit $868.6m (FY, 2020) | Gross profit N/A | Gross profit $5.4b (FY, 2025) | Gross profit $3b (FY, 2020) |
Net income | Net income $791.5m (FY, 2024) | Net income N/A | Net income $266.5m (FY, 2022) | Net income $197m (FY, 2020) | Net income N/A | Net income $1.4b (FY, 2025) | Net income $160.6m (FY, 2020) |
Operating ⚠ | |||||||
Backlog | Backlog N/A | Backlog N/A | Backlog $9.8b (Q1, 2023) | Backlog N/A | Backlog N/A | Backlog $27.2b (FY, 2022) | Backlog $9.5b (Q3, 2021) |
Countries | Countries 53 (FY, 2021) | Countries 70 (Jul, 2020) | Countries 46 (FY, 2022) | Countries N/A | Countries N/A | Countries 100 (FY, 2022) | Countries 46 (FY, 2020) |
Funding | |||||||
Total funding raised | Total funding raised N/A | Total funding raised $ 225m | Total funding raised N/A | Total funding raised N/A | Total funding raised $ 1.3m | Total funding raised $ 3.2b | Total funding raised N/A |

Precision for Medicine is a precision medicine clinical research services organization.
View company
Syneos Health (formerly known as INC Research) is a biopharmaceutical solutions company.
View company
PRA Health Sciences is a contract research organization that provides outsourced clinical development services to the biotechnology and pharmaceutical industries.
View company
Fortrea US (formerly known as Labcorp Drug Development) is a company that specializes in clinical development and patient access solutions.
View company