M3, Inc. acquired Dr. Bhatia Medical Coaching Institute.
December 04, 2023
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M3, Inc. (TSE:2413) acquired Dr. Bhatia Medical Coaching Institute on December 5, 2023. KPMG India Private Limited acted as accountant to Dr. Bhatia Medical Coaching Institute and its shareholders.
M3, Inc. (TSE:2413) completed the acquisition of Dr. Bhatia Medical Coaching Institute on December 5, 2023.
M3, Inc. specializes in the provision of online services dedicated to the health field. Net sales (before intra-group eliminations) break down by activity as follows:
- medical marketing support services (40.3%): services enabling doctors and health professionals to search for medical resources, use the latest medical news, exchange opinions, learn about medical products and services and career development, etc. via m3.com., MR-kun, MDLinx and MEDI: GATE;
- support services to medical institutions (16.5%):
- clinical trial related services (10.7%): clinical trial support and clinical trial operations management services;
- human resources services (6.6%);
- other (1.6%): including marketing assistance and surveys of affiliated medical companies via specialized sites.
The balance of sales (24.3%) concerns international activities.