MediaFund has announced that it has advised Health Press Ltd, an information service for the medical community, on its sale to S. Karger AG, a leading biomedical publisher.
Posted on: 26 April 2018 08:33
Sarah Redston: "I am delighted to have found such a good home for Health Press."
Health Press is a multi-platform information service for the medical community, providing premium content to improve practice. Karger is a leading biomedical publisher of international speciality journals and books, covering basic and clinical research subjects across the medical spectrum and related scientific areas. The financial terms of the deal are undisclosed.
Founded by Sarah Redston in 1993, Health Press has since established three brands: the medical handbook series Fast Facts, illustrated guides to medical conditions and concerns Patient Pictures, and the consumer web product www.embarrassingproblems.com. All three brands serve the goal of promoting health through communication with a global network of medical practitioners and patients.
Sarah Redston, the former owner of Health Press, said: “I am delighted to have found such a good home for Health Press Limited, its talented staff and its three brands. Together with Karger Publishers, we have created a match within the field of health and science publishing at its best that will facilitate finding cures, improving clinical decisions, and increasing prevention.”
“This acquisition is a perfect addition to Karger Publishers and fully supports our strategy. It provides us with the opportunity to expand our clinical decision support business to the United Kingdom, the United States, Australia, and, more generally, English-speaking audiences worldwide,” says Daniel Ebneter, CEO of Karger Publishers.
This transaction continues MediaFund’s work with privately owned media and publishing business in the STM space with recent transactions including the sale of MultiScience Publishing to SAGE and divestiture work with Wiley Blackwell.
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