About Q² Solutions
Q² Solutions is a company based in Morrisville (United States) founded in 2015 was acquired by IQVIA in April 2021.. Q² Solutions has completed 1 acquisition, including Myriad RBM. Q² Solutions offers products and services including Central Laboratory Services, Labmatrix, Genomics Services, Discovery Sciences, and Bioanalytical Laboratories. Q² Solutions operates in a competitive market with competitors including BioAgilytix, Alderley Analytical, Tentamus, Nordic Bioscience and Advion, among others.
- Headquarter Morrisville, United States
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Sectors
Healthcare
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
IQVIA
(Apr 01, 2021)
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Products & Services of Q² Solutions
Q² Solutions offers a comprehensive portfolio of products and services, including Central Laboratory Services, Labmatrix, Genomics Services, Discovery Sciences, and Bioanalytical Laboratories. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides testing for drug and diagnostics development in trials.
Manages clinical trial samples and data securely online.
Supports drug discovery through sequencing and biomarker assays.
Offers protein and antibody discovery for early development.
Conducts assays for small molecules and immunogenicity testing.
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Software Development Team
347 people
Leadership Team
254 people
Sales and Marketing
130 people
Operations Team
78 people
Senior Team
75 people
Human Resources and Administration
53 people
Data Analysis and Operations Team
41 people
Product Management Team
35 people
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Funding Insights of Q² Solutions
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Q² Solutions
Q² Solutions has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include IQVIA. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Clinical research and commercialization solutions are provided for healthcare.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Q² Solutions
Q² Solutions has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Myriad RBM. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
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Multiplexed immunoassay testing is conducted by the laboratory in Austin.
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Q Solutions
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Q² Solutions Comparisons
Competitors of Q² Solutions
Q² Solutions operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as BioAgilytix, Alderley Analytical, Tentamus, Nordic Bioscience and Advion, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Large-molecule bioanalysis is provided for biologics and biosimilars development.
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Bioanalytical assays for drug development are developed and validated.
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Analytical and quality assurance services are provided for diverse industries.
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Preclinical and clinical drug development CRO with proprietary in-house Biomarker platform
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Microfluidics and mass spectrometry products are provided for clinical research.
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Integrated R&D services are provided for pharmaceuticals and allied sectors.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Q² Solutions
Frequently Asked Questions about Q² Solutions
When was Q² Solutions founded?
Q² Solutions was founded in 2015.
Where is Q² Solutions located?
Q² Solutions is headquartered in Morrisville, United States.
Who is the current CEO of Q² Solutions?
Costa Panagos is the current CEO of Q² Solutions.
What does Q² Solutions do?
Q2 solutions is a joint venture of Quintiles and Quest Diagnostics. The company provides all the laboratory services which include newly integrated central laboratories (assay development, flow cytometry services, specimen management, biobanking, and lab data management), bioanalytical and ADME laboratories, anatomic pathology, genomics (bioinformatics, DNARNA services), biomarkers, precision medicine, companion diagnostics, and vaccine testing services. It uses Quintiles proprietary technology Quintiles Infosario for data analysis and integration, The company partners with other CROs to provided end to end solutions to their customers.
Who are the top competitors of Q² Solutions?
Q² Solutions's top competitors include Alderley Analytical, BioAgilytix and Lightcast Discovery.
What products or services does Q² Solutions offer?
Q² Solutions offers Central Laboratory Services, Labmatrix, Genomics Services, Discovery Sciences, and Bioanalytical Laboratories.
How many acquisitions has Q² Solutions made?
Q² Solutions has made 1 acquisition, including Myriad RBM.
Who are Q² Solutions's investors?
Q² Solutions has 1 investor. Key investors include IQVIA.
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