DURHAM: Quintiles makes Fortune 500 - WRBL

Durham's Quintiles makes Fortune 500

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DURHAM, N.C. -

Quintiles, the world’s largest biopharmaceutical services provider, has been named to the Fortune 500 list of largest U.S. companies ranked by revenue, the company announced Tuesday morning.

“Being named to the Fortune 500 is a significant milestone in Quintiles’ history,” CEO Tom Pike said in a statement. “We operated as a private company for a full decade before returning to the public markets via IPO in 2013.

“Quintiles’ management and our 29,000-plus employees around the world take great pride in what this accomplishment says about the impact and forward thinking of this company,” Pike continued. “We come to work every day seeking to help patients and improve our customers’ probability of success. Joining the Fortune 500 is evidence that we are indeed on the right path.”

Companies considered for the Fortune 500 are ranked by total revenues for their respective fiscal years. Included in the survey are companies that are incorporated in the U.S. and operate in the U.S. and file financial statements with a government agency.

In the Fortune 500 from North Carolina were:

No. 21, Bank of America (Charlotte)

No. 52, Lowe's (Mooresville)

No. 123: Duke Energy (Charlotte)

No. 150: Nucor (Charlotte)

No. 241: V.F. Corp. (Greensboro)

No. 269: BB&T (Winston-Salem)

No. 271: Family Dollar Stores (Matthews)

No. 309: Sonic Automotive (Charlotte)

No. 329: Reynolds American (Winston-Salem)

No. 371: The Pantry (Cary)

No. 440: Laboratory Corp. of America (Burlington)

No. 486: Quintiles (Durham)

No. 496: Lorillard (Greensboro)

The full FORTUNE 500 list and related stories appear in the magazine’s June 16 issue and at www.fortune.com/500.

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