Elsevier Announces Acquisition of Gold Standard

Apr 21, 2006

Elsevier, a healthcare and scientific publisher, has announced that it has entered into a definitive agreement to acquire the entire share capital of Gold Standard, Inc., a US-based developer of online clinical drug information products, services, and solutions to the healthcare market. Gold Standard is a developer of drug information databases, software, and clinical information solutions. Russ Thomas, CEO of Gold Standard, joined the company in 2000 and will continue at the helm. Completion of the acquisition is subject to regulatory approval in the United States.

(www.elsevier.com; www.goldstandard.com)