Acquisition to strengthen communication services

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Icon, the global provider of outsourced development services, has announced the intention to acquire MediMedia Pharma Solutions. The deal shall count for $120 million.

MediMedia Pharma Solutions, a division of MediMedia USA, and is owned by Vestar Capital Partners.

The acquired company includes MediMedia Managed Markets, leading provider of strategic payer-validated market access solutions, and Complete Healthcare Communications, one of the leading medical and scientific communication agencies.

According to Icon, the acquisition strengthens its expertise in scientific communications and market access in order to create an integrated scientific communications and market access solution.

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