Feb 2 2010
Advanced Health Media, LLC (AHM), the leading U.S. provider of pharmaceutical sales, marketing and compliance technology and services, announced it has acquired substantially all of the assets of Advogent Group, Inc. (Advogent), a Piscataway, NJ-based provider of marketing services for the pharmaceutical industry. Integration of the companies will begin immediately and headquarters will remain at AHM's Bridgewater, N.J. office. Terms of the agreement were not disclosed.
The addition of Advogent's services and customers expands AHM's market presence and leadership and provides a foundation for ongoing business growth, while offering pharmaceutical industry customers the broadest possible suite of marketing and relationship management services that comply with all federal and state regulations. "This acquisition solidifies AHM's market leadership position in speaker bureau management and marketing communications," said Kevin McMurtry, Founder and CEO of Advanced Health Media. "The combined business will be one of the largest marketing services and technology suppliers in the pharmaceutical industry. Our scale and breadth of services will be a competitive advantage for AHM and its customers."
"We are excited about the integration of these two organizations," said Jeff Brady, President of AHM. "AHM and Advogent have each established proven track records for exceptional service to their customers. Our expanded organization has the scale and experience needed to provide our clients the highest levels of service in an increasingly complex promotional environment."
Source:
Advanced Health Media, LLC