Japanese online pharmaceutical marketing firm So-net M3, backed by Sony (NYSE: SNE) Communication Network (Sony owns 60 percent), has bought out MDLinx, a Washington, DC-based online health information company, for an undisclosed amount of stock.
MDLinx, a seven-year-old company, has an online aggregation site that bring medical articles and research from more than 1,200 sources and divides the content into specialized sites for consumers and physicians. It also delivers e-mail newsletters with clinical updates to more than 200,000 subscribers. MDLinx makes money from online advertising, sponsorships, and by selling market research and licensing its content.
MDLinx had been funded by SpaceVest Capital, Internet.com (now JupiterMedia) and Netstar Ventures. More info on the acquisition in the release here.