QuintilesIMS has once again been named to FORTUNE magazine’s “World’s Most Admired Companies” list. The 2017 listing marks the third consecutive year the company has been recognized by FORTUNE as a most admired company.

QuintilesIMS received the distinction in FORTUNE’s Healthcare: Pharmacy and Other Services category with high marks in quality of management, value as a long-term investment, effectiveness in conducting business globally and wise use of corporate assets.

“Being named to FORTUNE’s list of the World’s Most Admired Companies is evidence that both our peers and our clients understand the long term strategy and value our organization provides to our clients,” said QuintilesIMS Chairman and CEO Ari Bousbib. “This honor is built upon the dedication and focus of our more than 50,000 employees around the world to create solutions that help our clients drive healthcare forward.”

FORTUNE’s World's Most Admired Companies list is the definitive report card on corporate reputations. Since 1997, FORTUNE has identified, selected and ranked the World’s Most Admired Companies, uncovering the business practices that make these companies highly regarded among their peers.

In compiling the Most Admired list, FORTUNE survey partner Korn Ferry Hay Group surveyed 680 companies from 28 countries asking executives, directors and analysts to rate companies within their own industry on nine reputation drivers considered to be crucial to a company’s global success. These drivers include financial soundness, long-term investment value, people management, social responsibility, use of assets, quality of management, quality of products/services, innovation and global competitiveness. A company’s score must rank in the top half of its industry survey to be listed.