Biotech Funding RiskWeak biotech funding poses a risk to CROs, including IQVIA, as it could lead to challenges if the trend continues for an extended period.
Margin DynamicsIQVIA is facing potential headwinds from mix shift and previous willingness to discount work, impacting margin dynamics.
R&D Spending EnvironmentA key risk for IQVIA is a slowdown in the R&D spending environment due to lower end-market pricing or other exogenous factors.