Reed to buy US healthcare data business to boost Lexis Nexis

EUROPE’S largest media group Reed Elsevier yesterday agreed to buy a US healthcare data firm, in a deal City A.M. understands to be worth around $150m (£95.27m), to boost its Lexis Nexis business in the world’s largest healthcare market. Health Market Science is data supplier for healthcare profes­sion­als in the US with a vast medical claims database which it uses to crack down on overspending and fraud.

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