Double Helix Bio-Technology Limited


McCann Health , part of The Interpublic Group of Companies Inc New York

Acquired By

Double Helix Bio-Technology Limited / McCann Health

Cavendish is delighted to have advised on the sale of Double Helix Bio-Technology Development Ltd (“ Double Helix”), a leading, global provider of Market Research and Market Access services to the pharmaceutical and medical device industries, to McCann Health, owned by Interpublic Group [NYSE: IPG].

Founded by Dr Wayne Phillips and based in London, Double Helix employs over 90 employees in four offices strategically located in London, New York, Philadelphia (Fort Washington,P.A.), and Singapore. Double Helix not only specialises in the established markets of the US and Europe, but also focuses on emerging markets, providing clients with a truly global perspective. In the past year, Double Helix has performed projects across more than 40 countries for over 30 major pharmaceutical multinational clients.

McCann Health is a part of McCann Worldgroup, the largest marketing communications agency network in the world, and is a leading healthcare agency network owned by Interpublic Group [NYSE: IPG].

Dr Phillips will continue as CEO of Double Helix, reporting to John Cahill, CEO of McCann Health.

Dr. Phillips said, “ Linda and the team at Cavendish were superb. They managed a competitive sale process and generated interest from international buyers from the broad media and healthcare sectors. McCann Health is the right partner to allow us to leverage our strong reputational position and provide us with the resources to create an exciting and fulfilling future through the continued development and further internationalisation of the business.”

The deal was led by Linda Sullivan, Media and Technology Director at Cavendish. Linda Sullivan commented:

“ We are very pleased with this result. After a competitive sale process we identified a buyer who met our client’s price expectations and is the right strategic fit. The sale highlights the interest in quality market research and market access businesses in the healthcare sector from multinational media groups and healthcare consultancy businesses.


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