Navigation Links
Wolters Kluwer Health Enters Joint Venture with China Drug Information Provider Medicom

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 continue to deliver on our mission of providing the most reliable and accurate clinical and drug information for doctors, pharmacists and hospitals," said Lai Qi, CEO of Medicom.  "This partnership will also provide Medicom access to a more comprehensive set of products and services to support China's healthcare reform initiatives of improving productivity and quality of care."

Wolters Kluwer Health's drug information products and services have been relied on by pharmacists, hospitals, health insurers and physician offices in the US for more than 60 years. Meanwhile, Medicom has created the most robust suite of Chinese drug information products in use by hospitals in China.

As part of the agreement, Wolters Kluwer Health will have a controlling interest in the joint venture. Terms of the deal were not disclosed. For more information on Wolters Kluwer Health, visit

About Wolters Kluwer Health

Wolters Kluwer Health (Philadelphia, PA) is a leading provider of information and business intelligence for students, professionals and institutions in medicine, nursing, allied health and pharmacy. Major brands include traditional publishers of medical and drug reference tools, journals, and textbooks, such as Lippincott Williams & Wilkins; and electronic information providers, such as Ovid®, UpToDate®, Medi-Span®, Facts & Comparisons® and ProVation® Medical.

Wolters Kluwer Health is part of Wolters Kluwer, a market-leading global information services company. Professionals in the areas of legal, business, tax, accounting, finance, audit, risk, compliance, and healthcare rely on Wolters Kluwer's leading, information-enabled tools and solutions to manage their business efficiently, deliver results to their clients, and succeed in an ever more dynamic world.

Wolters Kluwer has 2009 annual revenues of euro 3.4 billion ($4.8 billion), employs approximately 19,300 people worldwide, and maintains operations in over 40 countries across Europe, North America, Asia Pacific, and Latin America. Wolters Kluwer is headquartered in Alphen aan den Rijn, the Netherlands. Its shares are quoted on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices.

SOURCE Wolters Kluwer Health
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. Wolters Kluwer Health Completes Acquisition of Pharmacy OneSource
2. Wolters Kluwer Health and the Joanna Briggs Institute Enter Exclusive Relationship to Deliver Evidence-Based Clinical Resources
3. Nuance Health Introduces Swype, an Innovative New Product Designed to Enhance Defense Against Colds and Flu
4. Michael Porter, Janet Woodcock, Peter Senge Among Speakers at Inaugural Innovation in Healthcare Symposium
5. Winner Medical to Participate in Arab Health 2011, International Healthcare Exhibition, in Dubai
6. The SSI Group to Provide Health Care Providers with BNY Mellons Electronic Payment Solutions
7. DW Healthcare Partners Announces New CEO on Heels of Increased Investment in Institutional Pharmacy Sector
8. Aprima Electronic Health Record a Top Choice for Colorado Physicians
9. Ohio Business, Health Care Leaders Collaboration to Improve Patient Safety Results in Estimated Annual Savings of Nearly $13 Million
10. Cardiocom® Receives the 2010 TMCnet Smart Health Excellence Award for its Telehealth System
11. Mindray Medical to Exhibit at Arab Health 2011 in Dubai from January 24-27
Post Your Comments:
(Date:11/26/2015)... , November 26, 2015 ... new combination approach blends immunotherapy with Bremachlorin-photodynamic therapy for ... combination approach blends immunotherapy with Bremachlorin-photodynamic therapy for advanced ... combination approach blends immunotherapy with Bremachlorin-photodynamic therapy for advanced ... has found that immunotherapy can be efficiently combined ...
(Date:11/26/2015)... -- 3D bioprinting market is expected to ... report by Grand View Research Inc. Rising prevalence of chronic ... transplantation is expected to boost the market growth, as 3D ... --> 3D bioprinting market is expected to ... report by Grand View Research Inc. Rising prevalence of chronic ...
(Date:11/26/2015)... 2015 ) ... "2016 Future Horizons and Growth Strategies in ... Supplier Shares, Country Segment Forecasts, Competitive Intelligence, ... --> ) has announced ... Horizons and Growth Strategies in the German ...
Breaking Medicine Technology:
(Date:11/29/2015)... ... ... featured X-wing as part of its monthly Tech Report, which features the latest and ... for NewsWatch, conducted the review and shared with viewers how Woody Guthrie’s Endless Skyway ... are about to become a reality. Where’s the idea from? With inspiration from Star ...
(Date:11/29/2015)... ... November 29, 2015 , ... While conventional walkers afford considerable help ... access to exercise weights. Fortunately, an inventor from Uniontown, Pa., has found a way ... enhance the benefits of a standard walker to improve the user’s quality of life. ...
(Date:11/29/2015)... , ... November 29, 2015 , ... ... and unique analog distortion effect tool designed specially for Final Cut Pro X. ... create limiltess looks with the easy-to-use modification controls. Destoying and creating chaotic distortion ...
(Date:11/29/2015)... ... November 29, 2015 , ... Key Housing, a top-rated corporate ... their December, 2015, featured apartment community: Epic. In showcasing this featured apartment community in ... tight Bay Area rental market to efficiently find housing suitable to their needs by ...
(Date:11/28/2015)... ... November 28, 2015 , ... Safe storage for contraceptive devices ... inventors, one from Lakewood, New Jersey and the other from Bradley Beach, New Jersey, ... to save the expense of having to replace NuvaRings more often than necessary. As ...
Breaking Medicine News(10 mins):