Medidata
| Type | Subsidiary |
| Parent Company | Dassault Systemes |
| HQ | New York, US |
| Founded | 1999 |
| Website | medidata.com |
Medidata was founded in 1999 and is headquartered in New York, US
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Sign up for free to see all dataKey People/Management at Medidata
Tarek Sherif
Co-Founder, Co-CEO
Glen de Vries
Co-Founder, Co-CEO
Rouven Bergmann
EVP, COO, CFO
Arnaub Chatterjee
Senior Vice President - Product and Ecosystem, Acorn AI
Christian Hebenstreit
SVP, EMEA Region
Fareed Melhem
SVP, Acorn AI Labs
Medidata Office Locations
Medidata has offices in New York, Boston, Cincinnati, Davis and in 9 other locations
New York, US (HQ)
350 Hudson St
Boston, US
110 High St
Cincinnati, US
600 Vine St #2010
Davis, US
105 E St #2BDavis
Houston, US
1301 Fannin St
San Francisco, US
343 Sansome St, San Francisco
Medidata Financials and Metrics
Summary Metrics
Founding Date | 1999 |
Total Funding | $20 m |
Investors | Insight Venture Partners, Silicon Alley Venture Partners |
Medidata is a subsidiary of Dassault Systemes
Medidata Revenue
Medidata's revenue was reported to be $635.70 m in FY, 2018 which is a 16.5% increase from the previous period.
Annual
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 |
|---|---|---|---|---|---|---|---|---|
Cash | 90.4m | 110.7m | 128.4m | 226.6m | 120.3m | 83.5m | 109.1m | 139.1m |
Accounts Receivable | 102.5m | 111.2m | 106.0m | 133.5m | 137.2m | 163.2m | 177.9m | 198.2m |
Prepaid Expenses | 24.5m | 30.8m | 35.0m | 33.1m | 37.1m | 27.9m | 36.8m | 37.6m |
Current Assets | 494.5m | 512.7m | 542.9m | 707.5m | 599.8m | 408.1m | 444.0m | 466.2m |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 |
|---|---|---|---|---|---|---|---|---|
Net Income | 9.5m | 17.8m | 30.6m | 10.3m | 26.9m | 37.6m | 11.1m | 19.0m |
Depreciation and Amortization | 4.5m | 10.1m | 16.9m | 7.8m | 16.2m | 25.3m | 10.5m | 22.2m |
Accounts Payable | 130.0k | 4.5m | (3.8m) | 2.6m | 1.8m | 3.5m | 1.4m | 1.2m |
Cash From Operating Activities | 22.5m | 60.7m | 91.6m | 5.0m | 23.8m | 57.2m | 6.1m | 30.4m |
Medidata Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| SHYFT Analytics | June 12, 2018 | |
| Mutrus | April 17, 2017 | |
| CHITA Inc. | February 01, 2017 | |
| Intelemage, LLC | April 04, 2016 | |
| Clinical Force | June 20, 2011 | |
| Fast Track | March 17, 2008 | |
| MDSOL Europe Limited | ||
| Medidata Consent Services, LLC | ||
| Medidata Europe Data Services, LLC | ||
| Medidata Holdings, Inc. |
Medidata Revenue Breakdown
Medidata revenue breakdown by business segment: 84.3% from Subscription and 15.7% from Professional Services
Medidata revenue breakdown by geographic segment: 14.1% from Europe, Middle East and Africa, 6.0% from Japan, 74.9% from United States and 5.0% from Other
Medidata Online and Social Media Presence
10.6k Twitter followers
Medidata has 10.6k Twitter Followers. The number of followers has increased 0.8% month over month and increased 2.1% quarter over quarter
Medidata's Trends
Twitter Engagement Stats for @Medidata
20k
Tweets
4.1k
Following
10.6k
Followers
131
Tweets last 30 days
2
Avg. likes per Tweet
73.3%
Tweets with engagement
Medidata News and Updates
October 24, 2019
Dow Jones Newswires: Dassault Systemes gets U.S. clearance for Medidata buy as it sets new targets
The French software maker said the CFIUS clearance was one of the final conditions for the merger, which should be completed in the coming days.
September 24, 2019
Dassault Systèmes announces extension of CFIUS review process for planned acquisition of Medidata
Dassault Systèmes announces extension of CFIUS review process for planned acquisition of Medidata
June 13, 2019
Medidata acquired by Dassault Systèmes for $5.8 billion
Medidata’s cloud-based services help with the development of therapeutic innovations and clinical operations performance for pharmaceutical companies, biotechnology firms and others.
June 13, 2019
Dassault Systemes buys clinical trials software provider Medidata for $5.8B
French technology giant Dassault Systemes SE says its agreed a deal to acquire U.S. life sciences firm Medidata Solutions Inc. in an all-cash deal valued at $5.8 billion. The company said it wants to expand its presence in a life sciences market that was worth $8.2 billion in 2016 and is expected t…
June 12, 2019
Dassault Dives into Health Tech, Buying Medidata for $5.7 Billion
“This is by far the largest acquisition we’ve ever made,” Dassault's CFO said on a conference call.
Medidata Blogs
March 18, 2020
Delegating Power to Patients in the Clinical Research Process
This post is guest-authored by Christian Hebenstreit, General Manager and Senior Vice President, EMEA, Medidata. In recent years, patient engagement in clinical trials has emerged as an increasingly important aspect of their delivery. This is because across all involved groups — sponsors, academics,…
March 16, 2020
Meet a Medidatian: Carol G., Director, The Academy, and lover of the Arts!
March is Women’s History Month. Medidata is proud to celebrate the social, economic, cultural and political achievements of women. On March 8th, International Women’s Day marked a call to action for accelerating women’s equality. This month, female Medidatians (that’s what we call Medidata employees…
March 10, 2020
Five Ways to Manage Your Trial Effectively in a Fast-Changing Global Environment
Over the past half-century, clinical trials have grown increasingly complex. A flood of new data from novel sources combined with more elaborate study designs and tougher regulatory standards have lengthened timelines and hiked costs, contributing to a steady decline of efficiency. It all adds up: N…
March 09, 2020
Meet Our Medidatian Women
March is Women’s History Month. Medidata is proud to celebrate the social, economic, cultural and political achievements of women. March 8th marked International Women’s Day, a call to action for accelerating women’s equality. This month, female Medidatians (that’s what we call Medidata employees) f…
February 28, 2020
The Challenges of Advancing Rare Disease Trials
There are about 7,000 rare diseases affecting over 400 million people worldwide with more discovered every year. Yet, only 500 therapies have been approved.1 Since the 1993 Orphan Drug Act, the number of rare disease designations has skyrocketed. With global sales forecasted to reach $262 billion by…
February 27, 2020
Rare Diseases Are a Common Pursuit at Medidata
It’s well established that Medidata is leading the digital transformation of life sciences, creating hope for millions of patients. Most of us think of the millions of people coping with heart disease or cancer or diabetes. But there are thousands of illnesses, rare diseases – sometimes called orpha…
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.
What is Medidata revenue?
Latest Medidata annual revenue is $635.7 m.
Who are Medidata competitors?
Competitors of Medidata include M-Files, Capsule Technologies and Health Catalyst.
Where is Medidata headquarters?
Medidata headquarters is located at 350 Hudson St, New York.
Where are Medidata offices?
Medidata has offices in New York, Boston, Cincinnati, Davis and in 9 other locations.
How many offices does Medidata have?
Medidata has 16 offices.
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