Symbiotix, Inc. has been acquired by Havas Health, Inc.
Symbiotix, a US medical communications and marketing agency, has been sold to Paris-based Havas and has become part of Havas Health, a leading, global healthcare marketing network. Financial details were not disclosed. Symbiotix leverages science and strategy to engage physicians and other healthcare professionals (HCPs).
Symbiotix was founded in 1998 by Tim and Jo Ann Rice in Lexington, Kentucky. The company will continue to operate from Lexington, with the Rices serving as CEO and COO respectively. Approximately 40 percent of Symbiotix’s staff are based in field offices near major clients in California, Illinois, Pennsylvania and the New York Tristate area.
Havas Health owns and operates health and wellness communication networks. The company offers advertising, public relations, event promotion, digital marketing, direct-to-patient, consulting, DTC/DTP and B2B services. It also engages in educating medical and consumer communities about disease and treatment awareness, and provides strategic consultation for optimizing communications to HCPs, payers, patients and consumers. The addition of Symbiotix to its portfolio will help Havas Health meet the demand for enhanced medical communications.
Oaklins' media specialist team in New York was the exclusive financial advisor to Symbiotix in this transaction.
Talk to the deal team
Reed Phillips
Oaklins DeSilva+Phillips
Related deals
EuroHospital Varna has been acquired by Intermedica Group
EuroHospital Varna has been acquired by Intermedica Group, allowing the business to continue to grow and deliver high-quality healthcare services to its patients. Through the transaction, Intermedica Group expands its healthcare presence and intends to build a new model of integrated personalized care focused on preventive, holistic and digital medicine.
Learn moreMEDIK Hospital Design Group has been acquired by STERIS
The private shareholders of MEDIK Hospital Design Group have sold their shares to STERIS plc. Together, MEDIK and STERIS will expand their offerings for hospitals and ambulatory surgery centers worldwide. MEDIK’s solutions ideally complement STERIS’ existing portfolio, enabling the combined group to strengthen its position as a leading provider of turnkey room solutions in surgical and IPT environments. The MEDIK management team will actively support the next phase of growth.
Learn more123.tv has been acquired by DVC Partners
123.tv, a digitally driven home and live shopping and e-commerce platform with a unique live auction format offered on its own TV channels and digital platforms, has been acquired by DVC Partners, a pan-European private equity firm.
Learn more