LIBERTYVILLE, IL – October 1, 2008 – Physicians Interactive, the leading provider of emarketing solutions for pharmaceutical, biotech and medical device companies, announced that it has been acquired by a fund that is managed by Perseus, L.L.C. from Allscripts Healthcare Solutions.
Donato J. Tramuto, who has led the Physicians Interactive business for the past 18 months, will continue in a leadership role. Tramuto will also serve as CEO/Vice-Chairman of Perseus Acquisitions Holdings, LCC and will assume a Board seat. Other executives within the Physicians Interactive management team, sales, support and service teams will remain with the company.
“Physicians Interactive has been a pioneer in identifying and creating alternative channels of communication that create real value for our pharmaceutical clients and for the customers they serve,” said Donato J. Tramuto. “With additional investment capital from Perseus, we will be able to further expand our portfolio of product and service offerings in a way that helps to create an unmatched market position for our clients.”
Tramuto has more than 28 years of healthcare leadership experience in both the product and service segments. Prior to joining Allscripts, he was previously Chief Executive Officer of i3, a global pharmaceutical services company that is part of Ingenix (a United Health Group Company), overseeing the Clinical Research, Pharmaceutical Data, Analytics, Outcomes, EPI/Safety, Health Education, and Strategic Consulting business units. He was also the former CEO and President of Protocare Sciences and one of the founders of Protocare, Inc.
Additionally, Physicians Interactive and Allscripts have signed a two-year collaboration agreement committing both parties to explore opportunities and potentially co-develop mutually beneficial business products and services involving the EHR and e-prescribing solutions.
About Physicians Interactive
Physicians Interactive is the leading digital sales and marketing partner for life sciences companies seeking to reach physicians and other health care professionals. Since 1996, PI has developed more than 1,000 online programs for more than 150 brands throughout every stage of the product life cycle. PI’s client list includes nearly 75 pharmaceutical, biotech and medical device companies, including nine of the top 10 worldwide pharmaceutical corporations. The company has become a trusted resource for health care professionals, evidenced by its database of providers, the largest in the industry. PI is owned by Perseus LLC, a merchant bank and private equity fund management company. For more information about Physicians Interactive, visit www.physiciansinteractive.com.