Bleak Report For IMS Health
April 16, 2008
The firm IMS Health has released information reflecting the state of the economy. The company participates in market research for drug and health care companies. However, IMS Health said that their 2008 first quarter profit was reduced by thirty-one percent, as compared to this time last year.
According to economic analysts, the company made about $59.2 US million, whereas last year it was earning $85.6 US million. This translates into a share value in the first quarter of 2008 equal to thrity-two cents, compared with a previous value of forty-three cents last year.