"

Estimated reading time: 0 minutes, 33 seconds

Thomson Reuters to Sell Health Biz

Thomas Reuters says it plans to sell its $450 million healthcare business that provides provides data, analytics and performance benchmarking solutions and services to companies, government agencies and healthcare professionals. The company says the step is being taken to concentrate on core markets.

Among the products and services going up for sale are MarketScan, Advantage Suite, Micromedex, CareDiscovery and ActionOI. In a statement, Thomson CEO Tom Glocer said although the business is growing and profitable, the unit lacks integration with the other units and also lacks global scale. As a result of the divestitute, the Intellectual Property and Science businesses will be part of a a single operating unit of the Professional division.

Read 5093 times
Rate this item
(0 votes)

Visit other PMG Sites:

Template Settings

Color

For each color, the params below will give default values
Tomato Green Blue Cyan Dark_Red Dark_Blue

Body

Background Color
Text Color

Header

Background Color

Footer

Select menu
Google Font
Body Font-size
Body Font-family
Direction