IMS Health to Consolidate Teams in San Francisco

Healthcare research and information giant IMS Health is to consolidate a number of its San Francisco offices into one site, and has reportedly leased the entire seventh floor of the 38-story block at 425 Market St. from May onwards.

A spokesperson for the company said no formal announcement had been made, but confirmed that teams from several units including the recent MedVantage and DecisionView acquisitions would be moved into a single location in the near future.

According to www.costar.com , the company will occupy 26,164 square feet of the 1.1 million-square-foot Class A office building, which is in the city's south financial district.

IMS, which also bought online business news analyst PharmaDeals and clinical trial analytics company TTC last summer, is online at www.imshealth.com .