HealthGate Signs Publishing Agreement With Elsevier Science's Mosby, Inc. to Provide Content for Mosby's Drug Consult.Business/Technology Editors & Health/Medical Writers BURLINGTON, Mass.--(BW HealthWire)--March 28, 2002 -- HealthGate to License to Mosby "The Natural Pharmacist pharmacist /phar·ma·cist/ (fahr´mah-sist) one who is licensed to prepare and sell or dispense drugs and compounds, and to make up prescriptions. phar·ma·cist n. " for use in Highly-Respected Drug Database for Healthcare Professionals and Practitioners-- HealthGate Data Corp., (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : HGAT), a market-leading provider and electronic publisher of healthcare information for health-related organizations, today announced it signed a publishing agreement to provide Mosby, Inc., a business unit of Elsevier Science, with certain exclusive publishing rights to HealthGate's "The Natural Pharmacist" content. The agreement provides for incorporation of up to 50 different monographs into Mosby's proprietary pharmacology pharmacology, study of the changes produced in living animals by chemical substances, especially the actions of drugs, substances used to treat disease. Systematic investigation of the effects of drugs based on animal experimentation and the use of isolated and database, Mosby's Drug Consult (MDC (1) (Mobile Daughter Card) See riser card. (2) See Meta Data Coalition. ). "The Natural Pharmacist," recently acquired by HealthGate from Random House, provides in-depth information on a variety of herbs and supplements. Under the terms of the agreement, HealthGate will retain copyrights on the monographs, but is granting Mosby exclusivity in publishing the monographs in print and CD-ROM CD-ROM: see compact disc. CD-ROM in full compact disc read-only memory Type of computer storage medium that is read optically (e.g., by a laser). versions. Financial terms of the contract were not disclosed. "This publishing agreement with Mosby demonstrates how HealthGate's quality content is attracting interest from some of the biggest, most-respected brands in healthcare," said Bill Reece, HealthGate's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "It also underscores our commitment to building and then leveraging our vast content repository in new ways, opening up exciting new opportunities for HealthGate as both a provider and electronic publisher of healthcare information." The monographs are part of HealthGate's Complementary and Alternative Health electronic repository, and feature content from "The Natural Pharmacist." Each monograph includes up-to-date and detailed information on a variety of Herbs and Supplements, such as clinical studies, proposed indications, precautions, drug interactions, adverse reactions adverse reactions, n.pl unfavorable reactions resulting from administration of a local anesthetic; responsible factors include the drug used, concentration, and route of administration. , patient information and references. About Mosby, Inc. Mosby, Inc. (www.elsevierhealth.com) is the first choice information provider in medicine, nursing, allied health and veterinary medicine veterinary medicine, diagnosis and treatment of diseases of animals. An early interest in animal diseases is found in ancient Greek writings on medicine. Veterinary medicine began to achieve the stature of a science with the organization of the first school in the . Dedicated to publishing excellence since 1906, the company offers a complete line of textbooks, reference books and periodicals, as well as a complementary suite of health care resources including newsletters, videos, CD-ROMs, seminars, conferences and association management services. About Elsevier Science Elsevier Science (www.elsevier.com) is headquartered in Amsterdam, The Netherlands. The company is the world's largest scientific and medical information provider, publishing more than 1,500 journals, 1,200 books, as well as numerous e-products and secondary databases every year. It is a member of the Reed Elsevier plc group (www.reedelsevier.com), a world-leading publisher and information provider. Operating in the scientific, legal and business-to-business sectors, Reed Elsevier provides high-quality and flexible information solutions to professional end users, with increasing emphasis on the Internet as means of delivery. About HealthGate HealthGate Data Corp. (NASDAQ:HGAT) is a market-leading provider and electronic publisher of healthcare information. HealthGate offers customers the most comprehensive content repository of healthcare information, unrivaled in its breadth and depth of content. HealthGate's authoritative content is used by more than 600 hospitals in the U.S. to provide the capability to drive down costs through more effective research and treatment, regulatory compliance, and clinician and patient education. The company's XML-based content can be delivered electronically across virtually any technology used by its customers. Since 1999, HealthGate has become an integral part of operations in approximately 12 percent of all hospitals in the United States Lists of hospitals for each U.S. state:
Swedish Medical Center is a large nonprofit health care provider located in Seattle, Washington. , and HCA HCA, n.pr See acid, hydroxycitric. now utilize the data provided by HealthGate. The company's content repository is supported by a technology infrastructure designed to enable HealthGate to rapidly develop products and services for additional markets such as pharmaceutical companies and payors (insurance companies, governments, and self-insured organizations). Forward Looking Statements This press release contains certain statements that are forward-looking within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. HealthGate's actual results may differ materially from those contemplated by the forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . These forward-looking statements reflect management's current expectations, are based on many assumptions and are subject to certain risks and uncertainties, including among other things, HealthGate's ability to generate sufficient revenues; HealthGate's ability to sell its products and services; HealthGate's ability to maintain a listing on Nasdaq; HealthGate's ability to develop and implement its Project Intellect strategic initiative; reliance on significant customers; unpredictability of quarter-to-quarter results; competition; reliance on content providers, computer systems and software; HealthGate's ability to retain and attract key personnel; and other risk factors that are described in the periodic reports and other documents HealthGate files from time to time with the Securities and Exchange Commission. HealthGate does not intend to update or publicly release any revisions to the forward-looking statements. |
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