7th Jan 2005 16:04
WPP Group PLC07 January 2005 For Immediate Release 7 January 2005 WPP GROUP PLC ("WPP") Sudler & Hennessey acquires Current Medical Directions in the US WPP announces that its wholly-owned operating company Sudler & Hennessey ("S&H"), the global healthcare marketing and communications network within theYoung & Rubicam Brands group, has acquired Current Medical Directions ("CMD") inthe US, a leader in the medical communications industry. Founded in 1990, CMD employs 77 people and is headquartered in New York.Specialising in educational programs for healthcare professionals and patients,CMD's clients include Aventis, Bristol-Meyers Squibb, Eisai, GlaxoSmithKline andPfizer. CND had net revenues of US$17.2 million for the year ended 31 December 2003 andnet assets of US$1.6 million as at the time of closing. This investment continues WPP's strategy of developing its networks in importantand fast-growing markets and sectors. For further information please contact: Feona McEwan, WPP 44-20 7408 2204www.wpp.comwww.sudler.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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