April 21, 2006
Elsevier in deal to acquire data provider
Healthcare publisher Elsevier this week entered into agreement to acquire Gold Standard, a US-based developer of online clinical drug information products, services and solutions. Financial terms of the deal were not disclosed. Founded in 1993 and based in Tampa, FL, Gold Standard employs 83 people with extensive experience in pharmacy practice, electronic publishing and software development. Hospitals, retail pharmacy chains, consultant pharmacy organizations, health information Web sites, pharmacy/medical schools, healthcare professionals and consumers use Gold Standard’s drug information, according to the announcement. Elsevier said in a statement that Russ Thomas, CEO of Gold Standard, will continue to lead the company.