LabX Media Group acquires Drug Discovery News (DDNews), a highly respected media organization dedicated to the news of technology and business in the pharmaceutical and biotechnology industries
We are very pleased to announce today the acquisition of Drug Discovery News (DDNews), a highly respected media organization that covers the pharmaceutical pipeline – from early phase research through to trials and regulatory issues.
This marks a significant acquisition for LabX Media Group, which has considerably strengthened its leadership position in the scientific community by investing in strategic acquisitions while enjoying rapid growth with its existing brands. The acquisition of DDNews fits within LabX Media Group’s strategic business plan set in 2015 of organic and acquisition growth to becoming the leading media organization serving the science marketplace with high quality timely and trusted editorial content.
Since it’s launch in 2004 as a news magazine, the founders of DDNews – Bruce Poorman and Larry Doyle has evolved the brand into a multi platform media organization dedicated to covering the news in discovery, development, diagnostics, clinical trials, cancer research and much more.
“We’re excited to match up DDNews and its breadth of content, marketing and sales solutions with LabX Media Group’s leading brands to create best-of-class products and services that build high value for scientist and laboratory professionals and their partners,” said Bob Kafato, President of LabX Media Group.
"I am particularly pleased to be working with the extremely talented team of DDNews, who under the leadership of Mario Di Ubaldi, will lead our efforts in serving the pharma and biotechnology community. The acquisition marks LabX Media Group's continued investment in high-performing and premier properties with engaged audiences and best-in-class products and services. The DDNews portfolio of products adds to LabX Media Group’s product portfolio, adding a robust emedia component to its fold, and expands our reach on a global basis."
The acquisition of DDNews fits within LabX Media Group’s strategic business plan set in 2015 of organic and acquisition growth to becoming the leading media organization serving the science marketplace with high quality timely and trusted editorial content.
LABX MEDIA GROUP is a leading worldwide information and marketing company that provides unparalleled intelligence and integrated marketing solutions when, how and where our customers in the science community want it. Combine this with a focused mission to help scientists make the world better and vision to be to most valued scientific media company in the world, LabX Media Group is well positioned for sustained growth.
With a customer-centric culture dedicated to editorial excellence and marketing integrity, LabX Media Group is focused on informing, connecting and engaging lab professionals worldwide with a vast portfolio, including: live events, e-newsletters, digital tools, webinars, social media, videos, magazines, and e-media solutions, and e-commerce platforms.
Our editorial teams deliver premium content that is directly relevant to the needs of laboratory professionals across all industries. We offer high-quality content using a diverse platform of print and online resources, always leveraging new technology to meet the changing demands of our readers.
- LabX Media Group
- LabX Media Group