Medidata Solutions, Inc. Reports Record Full-Year And Fourth Quarter 2016 Results

NEW YORK--(BUSINESS WIRE)--Medidata (NASDAQ:MDSO), the leading global provider of cloud-based solutions for clinical research in life sciences, today announced its financial results for the fourth quarter and full-year 2016 and provided detailed financial guidance for the full-year 2017.

"The fourth quarter was the strongest in our history, capping a year of great execution and giving us great momentum as we enter 2017," said Tarek Sherif, Medidata's chairman and chief executive officer. "Our results show that our relentless commitment to innovation and our flawless execution are driving the commercial success of our platform. Our dedication to helping transform how healthcare solutions are developed and delivered is embedded in Medidata’s DNA, and is rapidly being embraced by the world’s leading life sciences companies—driving better research, more personalized medicines and ultimately improved patient outcomes."

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