WebMD Health to Buy Aptus Health From Merck

Date : 09/30/2019 @ 11:06AM
Source : Dow Jones News
Stock : Merck and Co Inc (MRK)
Quote : 88.355  -0.315 (-0.36%) @ 2:51PM

WebMD Health to Buy Aptus Health From Merck

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By Colin Kellaher

 

WebMD Health Corp. on Monday said it agreed to buy fellow health-information provider Aptus Health from Merck & Co. (MRK) for an undisclosed amount.

WebMD said the deal adds Aptus Health's flagship Univadis brand to its Medscape franchise of clinical news, health information, education and point-of-care tools.

Univadis, an information and education platform that delivers medical news, conference and research updates, and education to four million healthcare providers in 91 countries, WebMD said.

Internet Brands, owned by private-equity firm KKR & Co. (KKR) and Singapore state investment firm Temasek Holdings, acquired WebMD for $2.8 billion in 2017.

Kenilworth, N.J., drug maker Merck acquired Aptus Health, then known as Physicians Interactive, in 2013.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

September 30, 2019 06:51 ET (10:51 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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