Healthcare Market to Form in Third Quarter

Share this article:
Several large healthcare companies said yesterday they would launch an online business-to-business exchange in the third quarter. The marketplace will be formed by Johnson & Johnson, General Electric, Baxter International Inc., Abbott Laboratories Inc. and Medtronic Inc.


The site will facilitate the exchange of information related to the buying, selling and distributing of medical equipment and healthcare products worldwide. It will also provide extensive clinical content, the companies said. The exchange will be based in Chicago and is being established with equity investments from the founding members. There will be no transaction fees charged to customers, the companies said.
Share this article:

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

More in News

News Byte: Comcast Expanding Global Ad Delivery Through Partnership

News Byte: Comcast Expanding Global Ad Delivery Through ...

Through a partnership with Adstream , Comcast's AdDelivery Service expands its footprint across the globe.

40 Under 40 2014: Nominations Are Now Open!

40 Under 40 2014: Nominations Are Now Open!

It's time to nominate the 2014 crop of young marketing luminaries for Direct Marketing News's 40 Under 40 Awards. The deadline is Friday, June 6, 2014.

News Byte: MediaCrossing Partners with ASL Marketing on Youth Marketing Tool

News Byte: MediaCrossing Partners with ASL Marketing on ...

The digital media trading firm and marketing database company aim to help marketers target 13 to 34 year olds.