logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Formedics acquires AMC Media Group to expand its HCP reach and content

Aug 28, 2024over 1 year ago

Acquiring Company

Formedics

Acquired Company

AMC Media Group

Basking RidgeManalapanHealth CareSocial MediaEvents

Description

Formedics, an HCP community and engagement platform, has successfully acquired AMC Media Group, amplifying its content and peer-to-peer HCP community. This strategic acquisition nearly doubles Formedics' workforce and increases its HCP reach by more than 60%, expanding it to a verified network of 1.5 million HCPs and AHPs.

Company Information

Company

Formedics

Location

Basking Ridge, New Jersey, United States

About

Formedics is an HCP community and engagement platform that supports and connects healthcare professionals wherever they practice medicine or choose to learn. In addition to its leading HCP network, Formedics’ groundbreaking AI/ML technology unlocks unrivaled healthcare targeting and engagement for pharmaceutical and life science brands.

Related People

Sign in to view contact details

Sign in to view contact details

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed