FOR IMMEDIATE RELEASE
Stephen M. Monroe, Partner
Sanford B. Steever, Editor
Phone: (800) 248-1668
Fax: (203) 846-8300
IRVING LEVIN’S HEALTH CARE M&A REPORTING EXPANDS COVERAGE OF TECHNOLOGY, MANUFACTURING
NEW CANAAN, CT. – Sept. 27, 2000 – Irving Levin Associates, Inc., a provider of financial information and publisher of research reports and newsletters on the health care industry, today announced that the company’s Health Care M & A Information Service (www.healthcaremanda.com) is expanding coverage to include more technology and manufacturing sectors.
The Health Care M&A Information Service, which covers merger and acquisition activity in the health care industry, began covering the biotechnology, e-health, medical device and pharmaceutical sectors in September. These four new sectors expand and enhance the service’s ongoing coverage of nine other areas: hospitals, long-term care, managed care, home health, physician medical groups, laboratories, behavioral health, rehabilitation and other health care services.
While The Health Care M&A Information Service already covers some technology associated with health care, the new coverage broadens its depth and scope. Levin Associates decided to increase its coverage based on the growth and importance of health care technology, as well as in response to reader requests for more information.
“The health care industry has greatly benefited from advances in science and technology during the 20th century,” said Sanford Steever, editor of The Health Care M&A Information Service. “As we enter the 21st century, new discoveries and applications continue to grow and alter how health care services are delivered. Alert investors have noticed the various applications of technology to health care services, and have responded to this trend by committing their investment dollars to the development and growth of these four sectors.”
In addition, readers requested that Levin Associates broaden its coverage, according to Managing Editor Stephen Monroe. “The stock market capitalization of these additional sectors dwarfs that of the traditional health care services companies, and the size of the mergers is certainly larger in today’s market,” stated Mr. Monroe.
Recent coverage includes a discussion of how Pfizer’s drug, Viagra, not only revolutionized the treatment of impotence but also contributed to the financial demise of a chain of impotence clinics. It also touches on how the popular vision correction laser procedures may negatively impact manufacturers of eyeglasses and contact lenses. “These sectors bear watching, not only for the therapeutic and clinical impact they may have on and in the health care services industry, but also for the financial allure they have on investors and the equity markets,” added Mr. Monroe.
For more information, or to subscribe to The Health Care M&A Information Service, call 1-800-248-1668, or visit the Web site, www.healthcaremanda.com.
Irving Levin Associates, Inc. was established in 1948 and has headquarters in New Canaan, Conn. This privately held corporation publishes research reports and newsletters, and maintains databases on the health care and senior housing merger and acquisition markets. In addition to The Health Care M&A Information Service, the firm publishes The SeniorCare Investor, The e-Health Investor and numerous research reports. The firm has a strategic alliance agreement with Cushman & Wakefield, a national commercial real estate company, for the valuation of senior housing and health care properties.
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FOR IMMEDIATE RELEASE