OverviewSuggest Edit

Medidata Solutions is a company providing cloud-based solutions for life sciences worldwide. It offers Medidata Clinical Cloud that provides a software-as-a-service platform of technology and data analytics solutions to optimize activities across clinical development. The Company's platform solutions include Plan Study that addresses the areas to ensure optimal study design, grant development and negotiation, and investigator payments, and Support Sites, which provides robust risk management, reduced source document verification, real-time monitoring, on-time, accurate payments. Its platform solutions also comprise Engage Patients, Medidata Patient Cloud, Conduct Study, Medidata RaveX, Study Management and Optimize Outcomes. Additionally, the Company offers professional services.

TypePublic
Founded1999
HQNew York, US
Websitemdsol.com
Employee Ratings4.2

Latest Updates

Employees (est.) (Feb 2019)1,680
Job Openings207
Revenue (FY, 2018)$635.7 M(+17%)
Share Price (Mar 2019)$77.4 (+2%)

Key People/Management at Medidata

Tarek Sherif

Tarek Sherif

Chairman & CEO, Chairman & CEO
Glen de Vries

Glen de Vries

President, President
Rouven Bergmann

Rouven Bergmann

CFO
Jill Larsen

Jill Larsen

EVP, Chief Human Resources Officer
Christian Hebenstreit

Christian Hebenstreit

Managing Director, EMEA
Julie Iskow

Julie Iskow

EVP Product Development, Chief Technology Officer
Show more

Medidata Office Locations

Medidata has offices in New York, Davis, Cincinnati, San Francisco and in 10 other locations
New York, US (HQ)
350 Hudson St
Cincinnati, US
700 W Pete Rose Way #137
Davis, US
105 E St #2B
Houston, US
1301 Fannin St #1295
San Francisco, US
343 Sansome St, San Francisco
San Mateo, US
1200 Park Pl #210
Show all (14)
Report incorrect company information

Medidata Financials and Metrics

Medidata Revenue

Embed Graph
View revenue for all periods
Medidata's revenue was reported to be $635.70 m in FY, 2018
USD

Revenue (FY, 2018)

635.7m

Gross profit (FY, 2018)

476.5m

Gross profit margin (FY, 2018), %

75%

Net income (FY, 2018)

51.9m

EBIT (FY, 2018)

51.3m

Market capitalization (18-Mar-2019)

4.8b

Closing stock price (18-Mar-2019)

77.4

Cash (31-Dec-2018)

105.4m
Medidata's current market capitalization is $4.8 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

276.8m335.1m392.5m463.4m545.5m635.7m

Revenue growth, %

21%17%18%

Cost of goods sold

69.9m84.9m89.8m112.6m126.8m159.2m

Gross profit

206.9m250.2m302.7m350.8m418.7m476.5m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

70.9m76.6m83.2m86.0m92.4m98.1m103.1m104.2m114.6m120.1m126.8m137.4m140.1m149.2m155.9m163.4m

Cost of goods sold

17.3m20.8m21.0m21.0m22.2m22.9m22.8m24.7m29.1m29.2m30.6m31.9m31.6m36.3m37.5m42.2m

Gross profit

53.7m55.8m62.2m65.0m70.3m75.2m80.3m79.6m85.6m90.8m96.2m105.5m108.5m112.9m118.4m121.2m

Gross profit Margin, %

76%73%75%76%76%77%78%76%75%76%76%77%77%76%76%74%
Annual
usdY, 2009Y, 2010Y, 2011Y, 2012Y, 2013FY, 2013Y, 2014FY, 2015Y, 2015FY, 2016FY, 2017FY, 2018

Cash

39.4m16.0m45.2m32.7m22.3m22.3m39.5m49.6m49.6m93.5m237.3m105.4m

Accounts Receivable

90.6m128.5m110.7m170.7m

Inventories

13.5m13.7m21.2m20.4m

Current Assets

304.5m304.5m357.9m383.2m383.2m518.8m637.6m462.5m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

191.6m25.4m35.2m26.7m71.5m43.4m63.2m87.7m64.3m65.2m90.4m110.7m128.4m226.6m120.3m83.5m

Accounts Receivable

77.7m90.4m114.9m102.5m111.2m106.0m133.5m137.2m163.2m

Inventories

35.0m

Current Assets

423.0m306.7m298.8m328.3m394.9m381.6m393.4m423.2m429.0m470.2m494.5m512.7m542.9m707.5m599.8m408.1m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

16.7m6.1m13.2m29.0m44.4m51.9m

Depreciation and Amortization

6.9m10.4m10.8m15.3m24.1m35.0m

Inventories

2.1m(611.0k)(9.1m)185.0k

Accounts Payable

(457.0k)1.3m(502.0k)2.8m(3.0m)3.5m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

16.1m(1.8m)481.0k642.0k157.0k1.7m6.4m5.8m10.8m18.1m9.5m17.8m30.6m10.3m26.9m37.6m

Depreciation and Amortization

4.9m2.5m5.1m7.8m

Inventories

35.0m

Accounts Payable

920.0k1.1m2.5m1.4m6.3m(702.0k)(1.2m)(1.3m)(1.9m)(1.9m)130.0k4.5m(3.8m)2.6m1.8m3.5m
USDY, 2018

Financial Leverage

1.4 x
Show all financial metrics

Medidata Operating Metrics

Medidata's Customers was reported to be 849 in FY, 2016.
FY, 2013FY, 2014FY, 2015FY, 2016

Customers

397 486 611 849
Show all operating metrics

Medidata Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
SHYFT AnalyticsJune 12, 2018

Medidata Revenue Breakdown

Embed Graph

Medidata revenue breakdown by geographic segment: 77.4% from United States, 6.9% from Japan and 15.6% from Other

Report incorrect company information

Medidata Online and Social Media Presence

Embed Graph
Report incorrect company information

Medidata News and Updates

EClinical Solutions Market 2019 Global Analysis By Key Players – Oracle Corporation, Parexel International Corporation, Medidata Solution, Inc., DataTrak International

WiseGuyReports.Com Publish a New Market Research Report On –“ EClinical Solutions Market 2019 Global Analysis By Key Players – Oracle Corporation, Parexel International Corporation, Medidata Solution, Inc., DataTrak International”. Posted via Industry Today. Follow us on Twitter @IndustryToday

Clinical Trial Management System Market to grow at a CAGR of +11% during the forecast period 2019-2024 with top key players such as Oracle, Medidata Solutions, eClinforce

Clinical Trial Management System Market research report tries to understand the pioneering tactics taken by vendors in the global market to offer product differentiation through Porter’s five forces analysis Posted via Industry Today. Follow us on Twitter @IndustryToday

E-Clinical Solution Software Market Size, Status and Forecast 2019-2025: Oracle, Merge Healthcare, Medidata Solutions, PAREXEL International, BioClinica, ERT

The qualitative research study conducted by HTF MI titled “Global E-Clinical Solution Software Market Size, Status and Forecast 2019-2025” provides primary Data, surveys, Scope of the Product and vendor briefings. Posted via Industry Today. Follow us on Twitter @IndustryToday

Healthcare Aspect on Clinical Trial Management Market 2019: Focusing on Top Key Players like Oracle, Medidata Solutions, Parexel, BioClinica, Inc., Bio-Optronics, IBM

A Clinical Trial Management System is a software system used by biotechnology and pharmaceutical industries to manage clinical trials in clinical research. The system maintains and manages planning, performing and reporting functions, along with participant contact information, tracking deadlines an…

Medidata recognized as Asia Pacific Clinical Trial IT Solutions Provider of the Year by Frost & Sullivan

SINGAPORE, Dec. 9, 2018 /PRNewswire/ -- Medidata was honored with the Asia Pacific Clinical Trial IT Solutions Provider of the Year Award at the annual Frost & Sullivan Asia-Pacific Best Practices Awards banquet held at Shangri-La Singapore. Aarti Chitale, senior research analyst,...

eClinical Solutions Market to Witness Huge Growth - PAREXEL International Corporation, Oracle, Medidata Solutions

“eClinical Solutions Market" Report covers a detailed research on the Healthcare industry with financial analysis of the major players. The report provides key information and detailed study relating to the industry along with the Economic Impact and Regulatory and Market Support. The report examine…
Show more
Report incorrect company information

Medidata Blogs

Clinical IQ China 2018 08 landing page 8

Omit Page Title  Labels as placeholders  Experiment with labels as placeholders 

Medidata Named Best Workplace in Technology by Great Place to Work® and FORTUNE

Medidata Named Best Workplace in Technology by Great Place to Work® and FORTUNE Employees value innovative technology initiatives and inclusive company culture Medidata is the only life science technology company on the list Company atmosphere and management transparency rank h…

Medidata Appoints Industry Leader Sastry Chilukuri as Executive Vice President of Digital and AI Solutions

Medidata Appoints Industry Leader Sastry Chilukuri as Executive Vice President of Digital and AI Solutions NEW YORK – January 7, 2019 -- Medidata (NASDAQ: MDSO) today announced the addition of executive vice president of Digital and AI Solutions, Sastry Chilukuri to its senior leadership team…

Sastry Chilukuri

Sastry Chilukuri As executive vice president of Digital and AI Solutions, Sastry Chilukuri is responsible for accelerating the development, go-to-market, and delivery of capabilities that help life science clients accelerate their innovation. Chilukuri brings 19 years of experience …

Medidata to Present at the 37th Annual J.P. Morgan Healthcare Conference

Medidata to Present at the 37th Annual J.P. Morgan Healthcare Conference NEW YORK– Dec. 27, 2018 – Medidata (NASDAQ: MDSO) today announced that Tarek Sherif, chairman and chief executive officer, and Rouven Bergmann, chief financial officer, will present at the 37th Annual J.P. Morgan Healthc…

TEST FORM

Omit Page Title  Labels as placeholders  Experiment with labels as placeholders 
Show more

Medidata Frequently Asked Questions

  • When was Medidata founded?

    Medidata was founded in 1999.

  • Who are Medidata key executives?

    Medidata's key executives are Tarek Sherif, Glen de Vries and Rouven Bergmann.

  • How many employees does Medidata have?

    Medidata has 1,680 employees.

  • What is Medidata revenue?

    Latest Medidata annual revenue is $635.7 m.

  • What is Medidata revenue per employee?

    Latest Medidata revenue per employee is $378.4 k.

  • Who are Medidata competitors?

    Competitors of Medidata include Cerner, Orb Health and GlobalSCAPE.

  • Where is Medidata headquarters?

    Medidata headquarters is located at 350 Hudson St, New York.

  • Where are Medidata offices?

    Medidata has offices in New York, Davis, Cincinnati, San Francisco and in 10 other locations.

  • How many offices does Medidata have?

    Medidata has 14 offices.