Vestar to Sell MediMedia Pharma Solutions for $120M Cash
February 03, 2015
Vestar Capital Partners has agreed to sell MediMedia Pharma Solutions, a division of MediMedia USA, to ICON (NASDAQ: ICLR) for a cash consideration of $120 million. MediMedia Pharma Solutions includes a provider of strategic payer-validated market access solutions, along with a medical and scientific communication agency working with medical affairs, commercial and brand development teams within life science companies. The division has supported hundreds of development launches and in-market products, spanning over 40 therapeutic classes.