Ventiv acquires Adheris in $60 million deal

Ventiv Health has acquired Burlington, Mass.-based patient compliance and persistency program provider Adheris, Ventiv said. 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 spokeswoman told MM&M. The deal is expected to close late in the first quarter, Ventiv said.

This material may not be published, broadcast, rewritten or redistributed in any form without prior authorization.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