Wolters Kluwer revenue down

Share this article:

Wolters Kluwer reported 2007 revenues for its health division down to 761 million Euros from 823 million Euros in 2006 and operating profits down to 78 million from 80 million. For the fourth quarter of 2007, revenues were down to 206 million Euros from 232 million for Q4 2006.

On the upside, Wolters Kluwer said health products delivered organic growth of 1%, “with strong growth in Clinical Solutions and Medical Research, partially offset by weakening pharma promotional spending, price compression in Healthcare Analytics, and softening book sales in legacy channels.” The publisher vowed to strengthen the division through investment in new products and data sets. 
Share this article:
You must be a registered member of MMM to post a comment.

Email Newsletters

More in Features

Read the complete September 2014 Digital Edition

Read the complete September 2014 Digital Edition

Click the above link to access the complete Digital Edition of the August 2014 issue of MM&M, with all text, charts and pictures.

Medical marketing needs mainstream Mad Men

Medical marketing needs mainstream Mad Men

Agencies must generate emotional resonance with the target audience, not unlike Apple, Pepsi or Nike

Are discounts cutting out co-pays?

GSK's decision to cut Advair's price spurred some PBMs to put it back on formulary. Will drugmaker discounts diminish the need for loyalty programs? How can these programs stay relevant beyond giving co-pay assistance?