CONTACT:
FOR
IMMEDIATE RELEASE
MCOL™
AND NOVARTIS PHARMACEUTICALS form strategic partnership to exchange customized
content
Managed care on-line™ paid members gain access to Novartis
PHARMACEUTICALS’ State FactS at a glance; NOVARTIS gains customized, seamless
entry into paid section of managed care on-line site
MODESTO,
CA, May 10, 2001 ----
MCOL™ (mcol.com), the leading
health care information technology company specializing in delivering
business-to-business managed care knowledge resources, and the Novartis
Pharmaceuticals Corporation’s Virtual Information Network (V.I.N.), today
announced their strategic partnership to offer detailed content and data for
each other’s web sites, under the terms of a mutual site license arrangement.
Says
Claire Thayer, MCOL VP Research & Development, “Paid members of Managed
Care On-Line now have access to a tremendous wealth of hard-to-find state level
pharmaceutical data (pharmacy retail rates, expenditure, utilization and cost
data; payor retail pharmacy data; utilization statistics for top drug class),
population statistics, enrollment levels, along with data on medical benefits
for major disease categories (asthma, cancer, cardiovascular disease and stoke,
diabetes), national health care expenditures and employer-sponsored health
benefits, all nicely featured in the new ‘Novartis State Facts at a Glance’
menu within the Data Center. The
Novartis’ V.I.N. ‘State Facts at a Glance’ menu offers quick and easy
access to key pharmaceutical data and utilization statistics that paid members
can use for trend and benchmarking analysis.
Many of the data featured are available in easily downloadable
spreadsheet or chart formats.”
The
Novartis Pharmaceuticals Corporation’s Virtual Information Network (VIN)
is a dynamic electronic resource for healthcare professionals. Says Richard Sabatino, R.Ph, Pharm. D., Novartis’ Manager,
National Managed Healthcare Marketing “We believe that the shared value added
content between the VIN and Managed Care On-Line will enhance and provide
greater utility and resources to our members. In addition to many of the
healthcare resources found on the VIN, we now provide VIN members with
customized access via a seamless entry way to the paid sections of MCOL through
the VIN homepage.”
Novartis
(NYSE: NVS) is a world leader in healthcare with core businesses in
pharmaceuticals, consumer health, generics, eye-care, and animal health. In
2000, the Group's ongoing businesses achieved sales of CHF 29.1 billion (USD
17.2 billion) and invested approximately CHF 4.0 billion (USD 2.4 billion) in
R&D. Headquartered in Basel, Switzerland, Novartis employs about 67 600
people and operates in over 140 countries around the world. For further
information please consult http://www.novartis.com.
MCOL
is a six-year-old health care Internet company delivering business-to-business
managed care resources. MCOL has become the recognized Internet leader in the
delivery of knowledge resources to professionals involved in managed care. MCOL
business lines include: Membership-based services through Managed Care On-Line
and Global Health Resources.Com; e-Commerce through the Managed Care Store; and
Business e-Solutions. MCOL is based in Modesto, California, with additional
offices in Portland, Oregon. For more information, please visit www.mcol.com/about.htm.
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