Written by Candice Subero on Tuesday 4th December 2018
LONDON – (December 4th, 2018) – OPEN Health Communications LLP (“OPEN Health”), a multi-disciplinary health communications and market access group, announced today that it has successfully completed a merger with Peloton Advantage (“Peloton”), a leading provider of medical communications services to Medical Affairs departments at pharmaceutical, biotechnology, and medical device companies. Peloton is a portfolio investment of Amulet Capital Partners (“Amulet”), a private equity investment firm based in Greenwich, CT, focused exclusively on the healthcare sector. Terms of the transaction were not disclosed.
The combined entity will operate in 7 locations across 3 continents, with approximately 520 employees. Current OPEN Health CEO David Rowley will continue to serve as the company’s CEO and will be supported on the executive team by Sandy Royden, Co-Founder of OPEN Health, and Carolyn S. Clark, MBA, and Michael J. McLaughlin, MD, Co-Founders of Peloton Advantage.
The new entity works with 90% of the world’s top 40 pharmaceutical companies, with a broad client base in biotechnology and medical device companies. The combined business will have extensive practices in the following areas:
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