Company news from the 02/17/06 News Brief

Share this article:
Ventiv Health has acquired Burlington, MA–based patient-compliance and persistency program provider Adheris. Terms of the deal include Ventiv’s purchase for $60 million in cash and stock plus earn-out payments for exceeding specified financial targets. The Adheris brand is expected to remain, and the company will operate under Ventiv’s communication division, a Ventiv spokesperson told MM&M. The deal is expected to close late in the first quarter. CommonHealth announced important milestones for two of its units. Health Learning Systems (HLS), CommonHealth’s medical-education unit founded in 1971, celebrated its 35th anniversary this month. Additionally, Altum, CommonHealth’s full-service professional healthcare advertising and promotion company, celebrated its first anniversary.

This material may not be published, broadcast, rewritten or redistributed in any form without prior authorization. Your use of this website constitutes acceptance of Haymarket Media's Privacy Policy and Terms & Conditions