Wolters Kluwer Health Acquires STM Journal Publisher in India

Acquisition gives Wolters Kluwer Health strong foothold in open access publishing business

Wolters Kluwer Health has acquired Medknow, a scientific, technical and medical (STM) journal publishing operation headquartered in Mumbai, India. It is also one of the largest open access publishers in the world. The acquisition will help Wolters Kluwer Health’s Medical Research business’ presence in key developing markets and support its strategy to increase locally written content and incorporate more open access platforms into its business model.

“Research is changing in the developing world with clinicians and researchers looking for more access to locally-written content that is peer-reviewed and accessible via open platforms,” said Karen Abramson, President and CEO, Wolters Kluwer Health, Medical Research. “Our acquisition of Medknow aligns with our strategy of continuing to invest in providing the latest, most trusted information to our customers around the world to help them fuel discoveries and enhance patient care.”

For Wolters Kluwer Health customers, the deal means expanded access to medical content in more markets around the world. Medknow’s journals will join an extensive portfolio of nearly 300 practitioner journals, including those which are published by Wolters Kluwer Health’s Lippincott Williams & Wilkins brand and additional journals made available through their society partnerships.

EH News Bureau