Navigation Links
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 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 www.wolterskluwerhealth.com.

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:
*Name:
*Comment:
*Email:
(Date:4/27/2016)... 27, 2016 ... in Zürich gab Strekin AG den Start ... zur Erhaltung des Resthörvermögens von Patienten, denen ... die umfassende Phase-II-Doppelblindstudie mit Placebo-Kontrollgruppe werden momentan ... wird während der Operation direkt ins Mittelohr ...
(Date:4/27/2016)... , April 27, 2016   ... 42% Growth in Recurring Consumable Sales  Clinical ... Mauna Kea Technologies (Euronext: MKEA, OTCQX: MKEAY) inventor of ... its sales for the first quarter ended March 31, ... the execution of its commercial strategy. First ...
(Date:4/27/2016)... , April 27, 2016 ... titled, "Skincare Devices Market - Global Industry Analysis, Size, ... to the report, the global skincare devices market was ... anticipated to expand at a CAGR of 10.1% from ... 2023. Browse the full Skincare Devices Market (Treatment ...
Breaking Medicine Technology:
(Date:5/2/2016)... ... 2016 , ... WestHarbor Growth Partners, a growth, expansion and ... Grow Healthy Vending’s newly revamped brand campaign. Grow Healthy Vending is headquartered ... in North America with locations across the United States as well as internationally. ...
(Date:5/2/2016)... New York, NY (PRWEB) , ... May 02, 2016 , ... ... Highlighting the year’s best in pet gear and toys, leading product review site ... TTPM Pets Paw of Excellence Awards at their Spring Showcase at the Metropolitan ...
(Date:5/2/2016)... Illinois (PRWEB) , ... May 02, 2016 , ... MedPro ... modernized mail back service. MedPro now offers its mail back service for an ... offer; we are now able to provide service to all of the clients in ...
(Date:5/2/2016)... ... May 02, 2016 , ... Further establishing itself as a leader ... new WHIMZEES Variety Value Boxes were selected from over 1,000 entrants as a winner ... , WHIMZEES natural dental chews for dogs are a favorite product among pet-parents worldwide, ...
(Date:5/2/2016)... , ... May 02, 2016 , ... Dr. Rassouli, ... health and cognitive decline. According to the research, which was published in the “Journal ... of cognitive decline, and about 5.4 million Americans have Alzheimer’s disease. The study found ...
Breaking Medicine News(10 mins):