WebMD, the online health information portal and services company, has bought out eMedicine.com, an online publisher of medical reference information for physicians and other healthcare professionals. The purchase price was $25.5 million.
eMedicine.com provides physicians and healthcare professionals detailed clinical information relevant to the diagnosis and treatment of various medical conditions. For 2005, eMedicine.com estimated revenues were approximately $6 million with a break even net income.
Related:
– WebMD Buys TheHeart.org; Revenues Up
– WebMD Stock Rises Rapidly After IPO
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