Elsevier acquires Windhover Information Inc., a Healthcare Business Intelligence Company
Acquisition extends Elsevier’s ability to gather global healthcare news and add to it in-depth analysis and commentary that will dramatically increase business value for customers
Philadelphia, PA March 10, 2008 – Elsevier, the world’s leading publisher of science, technical and health information, announced today that it has acquired Windhover Information Inc., a healthcare business intelligence company that provides analysis and commentary on healthcare business strategy, industry deal making, marketplace trends and medical start-ups.
The acquisition supports Elsevier’s e-Health strategy to improve patient healthcare and the business of health in the Pharma business intelligence market. It expands Elsevier’s offering of new products and services for Pharma industry professionals by combining innovative technology and industry-leading content to promote faster and better informed planning and management of product portfolios.
“Adding Windhover’s expert analysis of the pharmaceutical and medical device industries to our existing regulatory and general business news services and database expands both the depth and breadth of Elsevier’s customer offerings,” said Brian Nairn, CEO of Elsevier Health Sciences. “Windhover also provides an exciting platform for new products.”
Windhover produces authoritative journals such as IN VIVO and the RPM Report, the world’s most comprehensive database of healthcare industry transactions (Strategic Transactions Database), and a series of medical-device and biopharmaceutical partnering and strategy conferences. With Windhover, Elsevier will field a team of more than 100 journalists in bureaus covering healthcare developments across the globe.
The acquisition of Windhover is Elsevier’s latest in a series of highly synergistic investments in content, workflow tools and e-Health services. Windhover will operate within Elsevier’s Pharma Business Intelligence Unit, which includes F-D-C Reports, Inc. (including “The Pink Sheet” and “The Gray Sheet”) and Inteleos, a powerful drug development database.
“Elsevier is one of the few companies as dedicated to covering the business of healthcare as Windhover is,” said Roger Longman and David Cassack, Managing Partners and co-founders of Windhover. “We’re proud to align with The Pink Sheet and other F-D-C Reports products and provide growth opportunities for our staff.”
Terms of the acquisition are not being disclosed.About Elsevier
Elsevier is a world-leading provider of information solutions that enhance the performance of science, health, and technology professionals, empowering them to make better decisions, deliver better care, and sometimes make groundbreaking discoveries that advance the boundaries of knowledge and human progress. Elsevier provides web-based, digital solutions — among them ScienceDirect, Scopus, Elsevier Research Intelligence, and ClinicalKey — and publishes nearly 2,200 journals, including The Lancet and Cell, and over 25,000 book titles, including a number of iconic reference works.
The company is part of Reed Elsevier Group PLC, a world leading provider of professional information solutions in the Science, Medical, Legal and Risk and Business sectors, which is jointly owned by Reed Elsevier PLC and Reed Elsevier NV. The ticker symbols are REN (Euronext Amsterdam), REL (London Stock Exchange), RUK and ENL (New York Stock Exchange).