December 14, 2010

MedPage Today Acquired by Everyday Health, Inc.

SJF Ventures’ portfolio company MedPage Today has been acquired by Everyday Health.  The partnership will strengthen MedPage’s position as the leading provider of online breaking medical news for healthcare professionals.   SJF Ventures and Milestone Venture Partners have exited their investments in MedPage as part of the transaction.  SJF participated in MedPage’s only institutional investment, which took place in March 2007.   The sale has generated a successful outcome for all shareholders:  Founder and CEO, Bob Stern; investors; and employees.

Launched five years ago, MedPage Today revolutionized the breaking medical news market by delivering trusted, authoritative, clinically-focused, and peer-reviewed medical news in real-time.  Today, the company is the only 24/7 information service providing a clinical perspective on breaking medical developments while addressing the daily point of care needs of today’s medical professional.  MedPage has won top honors from multiple industry groups for the quality of medical journalism provided to doctors.  Everyday Health provides its consumers, advertisers and partners with content across a portfolio of over 25 websites.  Reaching over 26 million unique users, Everyday Health reaches more online health consumers than any other company on a monthly basis, according to comScore.

Read the full press release.