Acquisitions & Agreements
Acquisitions & Agreements
• adam.com (Atlanta), a provider of consumer health information online, said it has formed a strategic alliance with Cox Interactive Media (CIMedia; Atlanta) to feature its health and medical content on CIMedia’s network of sites. Cox Interactive Media, a subsidiary of Cox Enterprises, delivers locally oriented portal web sites in more than 30 U.S. markets. The agreement calls for adam.com to develop content specifically designed for the local market served by each of the sites within the network. Each of the locally customized pages containing adam.com material will be co-branded with the site name and adam.com with promotional online banner advertising used by participating sites to drive traffic to the site. All advertising inventory from the co-branded portions of the sites will be shared between the two companies.
• CLIXhealth.com (Wayne, PA) has formed a joint venture to promote an e-commerce web site to sell nutritional supplements. The agreement is between its subsidiary, VitalBody Inc., and the National Anti-Aging Institute (Los Angeles).
• HealthDirectory.com (Napa Valley, CA) said it will partner with WellMed to enable physicians to provide patient pages through which they can deliver health information customized to meet individual patient needs. WellMed will provide HealthDirectory.com with its Online Health Management System (OHMS), enabling users to create personalized health profiles. The OHMS tool set will play a key role in the EnterAct-Virtual Health Community, a patient destination and physician-based community being developed by HealthDirectory.com. HealthDirectory.com has contracts with 28 medical societies with a combined membership of 50,000 physicians. Using WellMed’s OHMS tool set, HealthDirectory.com’s goal will be to "redefine the physician-to-patient relationship by enabling the establishment of a common dialogue and a stronger, long-term relationship," the company said.
• The Erisco Managed Care Technologies unit of IMS Health (London) and Cognizant Technology Solutions (CTS) have formed an alliance to address the broad-based IT needs of managed care organizations (MCOs). The alliance will enable Erisco to deliver flexible IT enterprise solutions, in addition to extending the implementation of Facets, Erisco’s client/server solution for payer managed care administration. CTS is majority-owned by IMS Health. The Erisco/CTS alliance will enable MCOs to deploy software and technology quickly and economically, while helping them achieve greater flexibility and interoperability across their enterprises. In addition to the core managed care functionality of Facets, the agreement encompasses key IT support services, from data warehousing, Internet development and data conversions and extracts, to report creations and modifications.
• PE Biosystems Group (San Jose, CA) and Paradigm Genetics have signed a five-year collaborative research agreement to develop bioinformatics software for functional genomics. The arrangements will combine Paradigm’s experience in agricultural genomics with PE Informatics’ information management systems and bioinformatics platform. The goal of the collaboration is to develop a comprehensive software infrastructure and query tools for organizing, accessing, and analyzing information associated with gene sequence that is needed to understand the function of a gene.
• Template Software (Dulles, VA), a supplier of business automation and software integration products, announced an agreement with Convista, a Maryland-based consulting firm that provides solutions-based services to customers in the healthcare, transportation, finance, and insurance industries. Convista is authorized to use and re-license Template’s Enterprise Integration Template (EIT) product as part of e-business solutions for its customers, and the companies will jointly market integrated e-business solutions to selected vertical industries. Several joint bids already are under way.
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