Call Us : 813-774-4750
VALLEY FORGE, PA - May 10, 2004 - AmerisourceBergen Corporation (NYSE: ABC) today acquired Imedex®, Inc., a privately held, accredited provider of physician continuing medical education (CME) for approximately $16 million in cash. Imedex is headquartered in Alpharetta, Georgia, and had calendar 2003 revenues of approximately $11 million.
“Imedex’s outstanding array of physician education services continues our commitment to add incremental services that support manufacturers and healthcare providers along the pharmaceutical supply channel,” said R. David Yost, AmerisourceBergen Chief Executive Officer. “Imedex, which will become an independent part of the AmerisourceBergen Specialty Group, brings an attractive combination of highly regarded proprietary programs and client services for physicians, international scope and solid growth.”
“As a part of AmerisourceBergen, we expect to accelerate our offerings under our motto of ‘education is the best medicine,’” said Stefan Terwindt, Imedex President. “Our medical meetings, symposia and other activities will continue to focus on medical education in the rapidly advancing, complex and knowledge-intensive areas of oncology, infectious diseases, psychiatry, gastroenterology, urology, endocrinology, neurology and cardiology.”
Crosstree Capital Partners was the exclusive advisor for Imedex, LLC.