UK’s United Business Media Acquires Indian Medical Publishing House For $844K

Press Release: UK’s United Business Media plc has acquired an Indian specialty publications house. UBM’s healthcare division, CMPMedica, has acquired Mediworld Publications, an Indian medical publisher for $844,500 (Rs 3.8 crore). The acquisition of Mediworld enhances CMPMedica’s offering for the Indian market with six new specialty medical journals and a Pharmaceutical Marketing Solutions business. Mediworld’s IDR Drug Directory is complementary to CMPMedica’s existing CIMS Directory, published by its Bangalore operation.
CMP Media division is already present in India through a tieup with publishing group Cybermedia. It comprises of Global Services website (www.globalservicesmedia.com), the monthly Global Services magazine launched in February this year, and the Global Services conference.

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