IMS Health files with SEC for initial public offering

DANBURY, Conn. — IMS Health is looking to go public, the healthcare industry research and analytics company said.

IMS, based in Danbury, Conn., said it had filed with the Securities and Exchange Commission for a proposed initial public offering of its common stock, adding that it had not yet determined the number of shares to be offered or the price range of the offering.

The company said it planned to use the net proceeds it received to repay a portion of its long-term debt, and that a registration statement related to the securities had been filed with the SEC, but had not yet become effective.