LONDON: Acquisition-happy Ogilvy has closed another deal, buying London-based healthcare shop Magellan Medical Communications.

LONDON: Acquisition-happy Ogilvy has closed another deal, buying

London-based healthcare shop Magellan Medical Communications.



Magellan, which boasts annual billings of dollars 1.6 million, marks the

first purchase for Ogilvy’s European health and medical practice.



The deal is part of Ogilvy’s strategy to develop a pan-European

healthcare group in order to address the increasingly global

pharmaceutical and healthcare markets. The agency considered five other

potential targets, but Magellan’s client base, including the Royal

College of Physicians of ...