Forget IQVIA, Veeva Systems Is a Better Growth Stock
Each year, an estimated 100 million, 500 million, and 250 million patients worldwide receive treatment for cancer, cardiovascular diseases, and over 6,600 different types of rare diseases, respectively. So it has become incredibly lucrative for healthcare companies to venture into the field of clinical trial analytics. In this sector, two competitors, Veeva Systems (NYSE: VEEV) and IQVIA (NYSE: IQV), have emerged as leading providers of clinical trial solutions.
The two companies have frequently rustled feathers, including a lawsuit Veeva filed in 2017 (which was expanded this March) accusing IQVIA of violating anti-competition laws with regards to its clinical data software. But which of these companies has the most potential? Let's go ahead and find out.
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Source Fool.com
