PDI Announces $16M in New, Renewal Sales Contracts

PDI, Inc.

today announced the signing of several new and renewal contracts that together are expected to generate total revenues of $16 million over the lives of the contracts. These contracts generated about $2.5 million of revenue in the first quarter of 2012 and are expected to add approximately $10.5 million of revenue for the remainder of 2012. The business wins are for a range of contract sales and service agreements under which PDI will variously provide promotional and support services through its standing established relationship team, dedicated sales teams, clinical educators, and/or talent acquisition and training services.