Homeopathic Heal Information - News about alternative medicine

Stop Parking Domain Names
Powered by WhyPark.com
 

AdMedia Partners Advises Chandler Chicco in Acquisition by inVentiv Health

New York (PRWEB) June 27, 2007 -- Chandler Chicco, a full-service, global healthcare public relations firm, announced its acquisition by inVentiv Health (NASDAQ: VTIV), the leading provider of commercialization and complementary services to the global pharmaceutical and life sciences industries. AdMedia Partners (http://www.AdMediaPartners.com), a New York financial advisory firm specializing in mergers and acquisitions to the advertising and marketing services, media, and related interactive, online and information services businesses, represented Chandler Chicco in the acquisition.

"This transaction serves to show that public relations and public affairs are crucial components of healthcare communications to healthcare professionals, consumers and regulatory bodies," says Phil Palazzo, a Managing Director at AdMedia Partners. "In 12 years Chandler Chicco has become the leader in healthcare communications, working on complex products and campaigns for many of the world's largest pharmaceutical companies."

Earlier today, inVentiv Health, Inc. announced that it has signed a definitive agreement to acquire Chandler Chicco Agency (CCA), the world's largest privately-held healthcare public relations firm. CCA will operate within the inVentiv Communications division, which provides a full suite of integrated healthcare marketing and communications solutions.

Under the terms of the agreement, inVentiv will acquire CCA for $65 million in cash and stock, plus earn-out payments for exceeding specified financial targets. The transaction, which is subject to receipt of Hart- Scott-Rodino approval and other customary closing conditions, is expected to close in the third quarter. The acquisition is expected to be immediately accretive to inVentiv's earnings.

Chandler Chicco Agency is a full-service, global healthcare public relations firm. Founded in 1995 by healthcare public relations veterans Robert Chandler and Gianfranco Chicco, CCA provides clients with insight- driven communications strategies that - through innovative and powerful programs - build, enhance or protect brand value and further public affairs agendas. The company's client roster includes many of the world's top pharmaceutical companies including Allergan, GlaxoSmithKline, and Novartis. For CCA, 2007 has been a banner year winning multiple awards - two awards from PR Week, Midsize Agency of the Year and Agency of the Year, and two awards from the Holmes Report, Specialty Agency of the Year and Healthcare Agency of the Year.

"In today's competitive marketplace, our pharmaceutical clients are increasingly turning to public relations to build awareness, credibility and loyalty for their products," said Eran Broshy, Chairman and CEO of inVentiv Health. "Chandler Chicco Agency has established an unmatched reputation in the healthcare PR industry that is distinguished by solid long-term client relationships and an impressive history of growth. Adding CCA to our portfolio of services will significantly expand our PR offering, while also broadening our global capabilities."

CCA principal and co-founder Robert Chandler said, "Our successes over the past 12 years have been unprecedented and the next 12 will be, too, because we're putting into place a smart global growth strategy that will lead us to even greater achievement."

"This partnership allows us to scale up globally at warp speed and with greater authority, while maintaining our culture of success," added Gianfranco Chicco, co-founder and CCA principal. "It is an ideal partnership."

Upon the close of the transaction, CCA will become a wholly-owned subsidiary of inVentiv Health and operate within the inVentiv Communications division. The CCA brand and all the other brands that are part of the Chandler Chicco Companies, including Biosector2, BrandTectonics, CCA Advertising, Determinus, Litmus and 'nition will remain, and Robert Chandler and Gianfranco Chicco will continue to lead the business, reporting into William O'Donnell, President and COO of inVentiv Communications.

Conference Call Details:

inVentiv will host a conference call today, June 26, 2007, at 5:30pm EDT to discuss its acquisition of Chandler Chicco Agency. Call in number: 800-358- 8448 (Domestic) or 706-634-1367 (International) Live and Archived Webcast: www.inventivhealth.com

A replay of the call will be available immediately following the call through July 3, 2007 at 800-642-1687. The conference ID number for the replay is 4413978.

About Chandler Chicco Agency:

Chandler Chicco Agency is the world's largest independent healthcare specialist public relations agency with offices in New York, London, Washington D.C., Los Angeles and Paris. CCA offers strategic public relations and communications counsel to clients that include hospitals, NGOs, healthcare associations, coalitions and most of the world's largest pharmaceutical companies. CCA is the flagship company for Chandler Chicco Companies; other brands under the Chandler Chicco Companies umbrella include Biosector2, BrandTectonics, CCA Advertising, Determinus, Litmus and 'nition. For more information, visit www.ccapr.com.

About inVentiv Health:

inVentiv Health, Inc. (NASDAQ: VTIV - News) is the leading provider of commercialization and complementary services to the global pharmaceutical, life sciences and biotechnology industries. inVentiv delivers its customized clinical, sales, marketing and communications solutions through its three core business segments: inVentiv Clinical, inVentiv Communications and inVentiv Commercial. inVentiv Health currently works with over 200 unique pharmaceutical, biotech and life sciences clients, including all top 20 global pharmaceutical companies. For more information, visit www.inventivhealth.com.

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks that may cause inVentiv Health's performance to differ materially. Such risks include, without limitation: changes in trends in the pharmaceutical industry or in pharmaceutical outsourcing; our ability to compete successfully with other services in the market; our ability to maintain large client contracts or to enter into new contracts; uncertainties related to future incentive payments; and, our ability to operate successfully in new lines of business. Readers of this press release are referred to documents filed from time to time by inVentiv Health Inc. with the Securities and Exchange Commission for further discussion of these and other factors.

About AdMedia Partners:

AdMedia Partners is a leading boutique financial advisory firm that provides middle market mergers and acquisitions advisory services to advertising and marketing services, media and publishing, and related Internet businesses. Founded in 1990 and located in New York City, the firm has completed over 150 transactions worth over $5 billion since 1999.

Select recent Marketing Services and Internet Marketing transactions completed by AdMedia Partners include:

* Representing Medical Broadcasting Company, one of the largest independent interactive healthcare agencies, in its acquisition by Digitas Inc.

* Representing Ignite Health, a leading interactive healthcare marketing agency, in its acquisition by inVentiv Health.

* Representing Addison Whitney, a full service brand identity and consulting firm that specializes in creating unique brand solutions for global pharmaceutical, biotechnology and medical companies, in its acquisition by inVentiv Health.

* Representing Public Strategies, a leading corporate communications firm, in its acquisition by WPP.

* Representing The Glover Park Group, a leading independent corporate communications and public affairs firm, in its sale to private equity firm Svoboda, Collins.

* Representing both New Media Strategies and Genex in their sales to Meredith.

* Representing CFM Direct, a leading direct marketing agency, in its acquisition by Merkle, a leading database marketing agency.

###

This press release has been reprinted from PRWEB per the terms and conditions of the copyright notice.

Bach Flower Therapy
About this therapy
Bach Flower Essences Shop (German)
Bach Flower Essences Shop (UK)
Where to buy Original Bach Flower Remedies
Doc Nature - Bach Flower Remedies Advisor
How to use Bach Flowers
About Bach Flower Remedies & Essences
Dr Bach
Read more about the life of Dr Bach

MORE ARTICLES:


Emotional Stress and Dental Health
If you are concerned about your overall health, then you should pay close attention to your oral health. Researches have found that there are more than 1000 different types of organisms in the mouth between the lips and the throat. The dental professionals have long promoted the prevention idea with the best medicine. However, there are a number of reasons that can affect your overall oral health problems. The tooth decay with a number of mouth problems would together contribute to the bad oral health. It has also been found that emotional stress of anxiety disorders also contribute towards your oral health problems.

Get Affordable Health Insurance For New Yorkers
If you?re like many New Yorkers, you probably take an employer?s affordable group health insurance benefits into consideration before you decide whether or not to begin a new job. Sure, it?s most likely not the deciding factor, but it in all probability it plays some role in your decision-making process. After all, New York employer-sponsored group health insurance plans are generally the most affordable way to get health care, and we all know how expensive health care and individual health insurance plans can be these days.

Leading Business Information Website Offers Mortgage Industry News
Goliath, the Internet's leading business information resource, is now also used for its informative mortgage and lending industry content. Users may search such company profiles as JP Morgan Chase, LendingTree, Wachovia, Wells Fargo and Fannie Mae.

Corporate Health and Wellness Programs Tackle "How to Measure Success" in Wellness Programs
Corporate Health and Wellness programs have typically used "change" in biometric data as the lead indicator in measuring success for the Health and Wellness industry today. Even though most of it is self-reported, it is still considered the only "measurable" indicator that can conclusively show behavior change - or is it?

A Review of the Liberty Health Net Income Opportunity
There is a never ending list of vitamin and weight-loss suppliers on the market today Most can be purchased at your local drug store or GNC at the mall

AISHealth.com Announces Two New Web Site Services -- AIS's Health Business Daily and Health Business Meeting Calendar
AISHealth.com's is pleased to announce the availability of its new Web site and e-mail services. These new features are an ideal resource for health care decision makers and executives from health plans, pharmaceutical companies, hospitals and medical group practices.

"Two Tankers Down," Story of Coast Guard's Greatest Cape Cod Rescue, Releases
"Two Tankers Down," the story of the rescue of officers and crew from the tankers the SS Fort Mercer and the SS Pendleton, has been released by Lyons Press. Maritime Writer Robert R. Frump, author of "Until the Sea Shall Free Them," is the author of the new book, which tells the story of Bernard C. Webber, a young Coast Guardsman who steers his small boat through mountainous oceans. It is considered the greatest small boat rescue in U.S. Coast Guard history.

HealthFitness Guides Incentives Strategy to Spark Participation in American Electric Power?s Employee Health and Wellness Initiative New Issue Brief H
$150 gift card incentive offered to employees and spouses for completion of health risk assessment resulted in a 65% employee completion rate; participation is key to program success.

InventHelp Clients Invent Alternative Ice Cream Server
Accessory invented to enable the user to scoop and serve ice cream quickly and easily; would eliminate the hassle and mess associated with serving ice cream; prototype available.

Rayne Water Conditioning Launches Its Web Information Pages for Parents of Newborns
Rayne Water Conditioning launched web information pages today to help clearly and concisely educate and inform parents about the benefits of using purified and conditioned (or softened) water when caring for their newborns (accessible from Rayne?s main web page www.RayneWater.com.)

Corvest: Promotional Products an Excellent Way to Encourage Savings and Good Financial Health
Corvest, a top-20 promotional products supplier and parent company of Adva-Lite, Toppers and It's All Greek To Me, is encouraging financial institutions to promote savings and good financial health with the use of promotional products.

Health Plan Execs Receive Smaller Bonuses as Companies Push Performance-Based Pay, Health Plan Week Reports; Hanway Tops Others in Total Compensation
Health Plan Week offers detailed compensation information from more than a dozen health plans, and includes tables showing the top-paid executives.

Skincare Fact and Fiction: Newest Skin Care Treatments for Blackheads
Skincare-News.com researches new treatments for blackheads, which are created when excess sebum becomes trapped in pores and combines with dead skin cells and dirt.

Amigo Health Labs has the Skinny on Weight Loss
The BKS Mindset Marketing team (http://www.nhl-amigos.com/worldwide) of Amigo Health Labs announced the release of a cutting edge weight loss system. Weight loss testers have been reporting the loss of one pound to 4 pounds on a daily basis. The all-natural products designed to synergistically work together as a system consists of a body cleanse formula called Amigo Cleanse, a thermogenic formula, Amigo Boost and protein meal replacement, Amigo Trim.

New Chartwell Cure Disease ETFfolio Offers Investors Diversified Alternative to Big Pharma
Chartwell Partners Asset Management has introduced another ETFfolio which offers investors an opportunity to avoid the overweighting of big pharma in their healthcare sector allocations. The Cure Disease ETFfolio is a basket of ten HealthShares exchange-traded funds holding companies dedicated to curing the cause of diseases rather than the pharmaceutical business model of developing drugs to just treat symptoms.

Powered by WhyPark.com | Site Map | Home

Privacy Policy | Copyright/Trademark Notification