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Wolters Kluwer Health takes over Medknow PVT

By BFN News | 02:35 PM | Monday 05 December, 2011


Wolters Kluwer Health has acquired Medknow PVT, a leading scientific, technical and medical journal publishing operation headquartered in Mumbai, India and one of the largest open access publishers in the world. The acquisition expands Wolters Kluwer Health's medical research business' presence in key developing markets and supports its strategy to increase locally written content and incorporate more open access platforms into its business model. Terms of the deal were not disclosed. Wolters Kluwer Health, medical research, chief executive and president Karen Abramson, said: "Research is changing in the developing world with clinicians and researchers looking for more access to locally-written content that is peer-reviewed and accessible via open platforms. "Our acquisition of Medknow aligns with our strategy of continuing to invest in providing the latest, most trusted information to our customers around the world to help them fuel discoveries and enhance patient care." Story provided by StockMarketWire.com

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