Company:  MEDIDATA SOLUTIONS, INC. (MDSO)
Form Type:  8-K
Filing Date:  6/12/2019 
CIK:  0001453814 
Address:  350 HUDSON ST., 9TH FLOOR 
City, State, Zip:  NEW YORK, New York 10014 
Telephone:  212.918.1800 
Fiscal Year:  12/31 
Last Trade
Last Trade: 
$91.58  
Change: 
0.08 (0.09%)  
Trade Time: 
01:55 PM EST  
Market Cap: 
$5.72B
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© 2019  
Description of Business
Medidata is a global life sciences technology provider, dedicated to improving the way clinical research is designed, conducted, analyzed, and commercialized. Our cloud-based platform of solutions, data analytics, and AI enables efficiency and improves quality throughout clinical development programs by accelerating processes, enhancing decision-making, minimizing operational risk, reducing costs, and transforming trial strategies. Customers can utilize our entire platform or individual solutions, and can subscribe to our technology on a multi-study or single-study basis. Our revenue is comprised of subscription and professional services, which represent approximately 85% and 15% of our business, respectively. Our subscription business model provides us with a recurring revenue stream that we believe delivers greater revenue visibility than perpetual software licensing models.
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  FORM 8-K
    SECTION 8 OTHER EVENTS
      Item 8.01. Other Events.
    SECTION 9 FINANCIAL STATEMENTS AND EXHIBITS
      Item 9.01. Financial Statements and Exhibits.
    SIGNATURE
  EXHIBIT 99.1