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Wolters Kluwer Health Enters Joint Venture with China Drug Information Provider Medicom
Date:1/19/2011

PHILADELPHIA, Jan. 19, 2011 /PRNewswire/ -- Wolters Kluwer Health today announced a joint venture with leading China drug information provider Medicom to deliver clinical decision support to doctors in China as the country prepares for significant changes to its healthcare system. The deal allows Wolters Kluwer Health to expand its market-leading Clinical Decision Support (CDS) and drug information business into the rapidly growing China market and creates a needed drug information infrastructure in China.

"The clinical decision support market in China is at a critical juncture, similar to what we saw in the U.S. market many years ago," said Arvind Subramanian, President & CEO, Wolters Kluwer Health Clinical Solutions. "Our agreement with Medicom gives Wolters Kluwer Health a strong entry point in China and creates a solid foundation for us to introduce more advanced CDS products and solutions that will give healthcare professionals in China unparalleled access to evidence-based medicine for the advancement of healthcare."

Medicom, located in the city of Chengdu in the Sichuan Province, has a strong footprint in the China healthcare market, providing drug information and services. Its products and services are highly complementary to those of Wolters Kluwer Health's Clinical Solutions business, which offers healthcare professionals fast access to evidence-based medical information that helps clinicians effectively manage patient care on a daily basis. The combined offering creates a robust library of clinical content not previously available in China that physicians can access at the point of learning as well as at the point of care with patients.

The announcement comes as the Chinese government is focused on healthcare reform to conform standards of care and an increasing number of doctors in China prepare to pursue graduate school degrees.

"Our joint venture with Wolters Kluwer Health is a strategic fit for Medicom as we
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SOURCE Wolters Kluwer Health
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