Elsevier Buys Healthcare Database Specialist Gold Standard

Share this article:

Healthcare and scientific publisher Elsevier gained the Federal Trade Commission's approval to buy Gold Standard Inc., a U.S. producer of online clinical drug information, databases and software.

Housatonic Partners, a private equity investor in the business services and media markets, was the seller. The Jordan, Edmiston Group Inc., a New York investment bank, represented Gold Standard.

Terms were not disclosed.

The acquisition of the 13-year-old Tampa, FL, company helps boost Elsevier's online clinical reference services and products.

Gold Standard's 83 employees are responsible for generating independent drug information that is disseminated online to more than 1,000 hospitals, retail pharmacy chains and consultancies, health news Web sites, pharmacy and medical schools, and healthcare professionals and consumers.

Share this article:
You must be a registered member of Direct Marketing News to post a comment.

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

Featured Listings

More in Data/Analytics

MeritDirect Opens San Jose Office

MeritDirect Opens San Jose Office

A force in direct mail, the company looks to expand its digital data services with a footprint in Silicon Valley.

Neustar Decides to Hand Data Over to its Clients

Neustar Decides to Hand Data Over to its ...

AK Media Insights Pro turns data over to marketers to create business-specific aggregations, integrate offline efforts, and probe deeper into their sales funnels.

Arthur Hughes, Who Wrote the Book on Database Marketing, Dies at 86

Arthur Hughes, Who Wrote the Book on Database ...

First published in the early days of the Web, Arthur Middleton Hughes's Strategic Database Marketing remains a bible for direct marketers.