Berkery Noyes Represented The Thomson Corporation in the Sale of CenterWatch and New England Institutional Review Board to Jobso
05 January 2008 - 4:43AM
PR Newswire (US)
NEW YORK, Jan. 4 /PRNewswire/ -- Berkery Noyes announced today that
the firm represented The Thomson Corporation (NYSE: TOC; TSX: TOC)
in the sale of CenterWatch ("CW") and New England Institutional
Review Board ("NEIRB") to Jobson Medical Information, a portfolio
company of The Wicks Group, LLC. Terms of the transaction were not
disclosed. Founded in 1994, CenterWatch is a trusted source and
global leader in providing proprietary data and information about
clinical trials to both professionals and patients. As a pioneer in
publishing clinical trials information, CenterWatch was the first
Internet site to publish detailed information about active clinical
trials that could be assessed by patients and their advocates. The
NEIRB division provides FDA mandated services to pharmaceutical
companies and Contract Research Organizations (CRO's). Founded in
1988, NEIRB was one of the first central institutional review
boards established to meet the ethical review needs of a burgeoning
drug development market. "Both CW and NEIRB are winning franchises
in the healthcare market and both have high caliber management and
employees," said Tom O'Connor, the Berkery Noyes Managing Director
who managed the transaction on behalf of The Thomson Corporation.
"Within Jobson Medical Information portfolio these assets can grow
and expand," added O'Connor. Berkery Noyes acted as exclusive
financial advisor to The Thomson Corporation on the sale of
CenterWatch and NEIRB. Berkery Noyes has been involved with many of
the most notable transactions in the healthcare, pharmaceutical
tools and services, and medical marketing sectors involving both
strategic and financial buyers and sellers. About Berkery Noyes --
Berkery Noyes is one of the pre-eminent merger and acquisition
firms serving the information industry, having completed more than
400 transactions since its inception. Among the most recent
transactions completed by Berkery Noyes are the sale of HMP
Communications to Alta Communications in partnership with Paul
Mackler and Ken Fisher, the sale of Complete Healthcare
Communications to MediMedia a portfolio company of Vestar Capital
Partners, the divesture by The Thomson Corporation of American
Health Consultants to Thompson Publishing Group; acquisition by
Springer Science + Business Media of Current Medicine Group;
acquisition by WebMd Corporation of Conceptis; acquisition by The
Wicks Group of DesignWrite, Inc. and the acquisition by Veronis
Suhler Stevenson of Facts On File. Berkery Noyes' clients include
private companies seeking a buyer, most of the major international
information companies, and private equity firms who use the firm's
expertise in locating, analyzing and negotiating with acquisition
candidates and in managing divestitures. The firm operates with a
staff of forty professionals serving the information and publishing
industry. For more information, visit http://www.berkerynoyes.com/.
About CenterWatch -- http://www.centerwatch.com/ About New England
Institutional Review Board -- http://www.neirb.com/ DATASOURCE:
Berkery Noyes CONTACT: Tom O'Connor, Managing Director,
+1-646-442-7994, or John Shea, Chief Operating Officer,
+1-212-668-3022, both of Berkery Noyes Web site:
http://www.berkerynoyes.com/ http://www.centerwatch.com/
http://www.neirb.com/
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