Skip to main content

Market Overview

Omnicom Health Acquires Archbow Consulting For Undisclosed Sum

Share:
Omnicom Health Acquires Archbow Consulting For Undisclosed Sum
  • Omnicom Group Inc’s (NYSE: OMC) healthcare marketing and communications unit Omnicom Health Group announced Archbow Consulting’s acquisition. The financial terms of the transaction were not disclosed.
  • Archbow helped pharmaceutical and biotech companies design, build and improve market access operations, product distribution, and patient access hubs.
  • Archbow founders Douglas Bock, Kevin Cast, and DeWayne Manning will continue to lead the company as part of the Omnicom Health Group’s Entrée Health network.
  • Archbow’s distribution, patient services, and operational expertise added a vital new consultative service to Entrée’s offering, stated Entrée Health network CEO Andrew Gottfried.
  • Omnicom Group held cash and equivalents of $5.6 billion as of Dec. 31, 2020.
  • Price action: OMC shares traded higher by 0.46% at $78.94 on the last check Wednesday.
 

Related Articles (OMC)

View Comments and Join the Discussion!

Posted-In: BriefsM&A News Tech Media

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com