Cambridge Healthtech Institute Acquires the Knowledge Foundation Inc.
Needham, MA -January 30, 2014 - Cambridge Healthtech Institute (CHI) announces today the acquisition of the Knowledge Foundation, Inc. The Knowledge Foundation is recognized as the primary educational and networking resource for the advanced materials technologies industry. This acquisition expands the current product portfolio of CHI expanding beyond the life sciences sector.
Founded in 1992, Cambridge Healthtech Institute (CHI) is the preeminent life science network for leading researchers and business experts from top pharmaceutical, biotech and academic organizations. CHI is renowned for its vast conference portfolio-conferences held worldwide-including PepTalk, Molecular Medicine Tri-Conference, SCOPE Summit, Bio-IT World Conference & Expo, PEGS, Drug Discovery Chemistry, Biomarker World Congress, World Pharmaceutical Congress, Next Generation Dx Summit and Discovery on Target. In addition, CHI offers a fully integrated life sciences portfolio of products, services, clinical research training programs, analytical research reports, management consulting services, multi-media solutions including Bio-IT World and Clinical Informatics News.
"I am very excited at the opportunity for CHI to apply our proven capabilities in organizing scientifically and technically strong programs to several segments that will be new for us, specifically materials and renewable energy. These are both fields where rapid technology advances are taking place, and where there is the need for bringing together a wide range of stakeholders to learn and discuss the commercial implications of recent advances" said Phillips Kuhl, president, Cambridge Healthtech Institute. "The Knowledge Foundation has a superior brand, reputation and proven track record of delivering quality these segments, and we look forward to working closely together to expand the number of programs and to strengthen promotional efforts for attendees, sponsors and exhibitors."
"We are excited about combining the Knowledge Foundation's fifteen years experience with Cambridge Healthtech Institute's highly reputable twenty years within the life sciences industry. They are an industry leader within life sciences, and looking forward to being able to be part of their infrastructure, as well as to leverage their expertise to significantly expand our conferences and product offerings to the marketplace," said Craig Wolhlers, General Manager, The Knowledge Foundation.
The Knowledge Foundation staff members will transfer to CHI's corporate office in Needham, MA, joining over 100 CHI employees. The Knowledge Foundation brand will remain as the face of the existing Knowledge Foundation offerings, as well as new ventures in the materials science and technology space.
About Cambridge Healthtech Institute (www.chicorporate.com)
Cambridge Healthtech Institute (CHI)-www.chicorporate.com-is the preeminent life science network for leading researchers and business experts from top pharmaceutical, biotech, CROs, academia, and niche service providers. CHI's portfolio of products includes Cambridge Healthtech Institute Conferences, Barnett International, Insight Pharma Reports, and Cambridge Healthtech Media Group, which includes multi-media solutions including Bio-IT World and Clinical Informatics News.
Founded in 1992, Cambridge Healthtech Institute continues to strive to develop quality information sources that provide valuable new insights and competing points of view while offering balanced coverage of the latest developments. Basic research related to commercial implications is covered, with heavy emphasis placed on end-user insights into new products and technology as well as coverage on the strategy behind the business.
About the Knowledge Foundation Inc. (www.knowledgefoundation.com)
The Knowledge Foundation integrates scientific ingenuity and real-world applications by fostering collaborative research at the rapidly changing intersection of science and business. Known for providing members of its Technology Commercialization Alliance with direct and unbiased state-of-the-art scientific information, the Knowledge Foundation is uniquely qualified to provide wider exposure for important developments in the emerging fields of renewable energy, nanotechnology, and chemical/biological detection technologies.
Media Contact:
Lisa Scimemi, Director of Marketing Communications
Cambridge Healthtech Institute (CHI)
781-972-5446
lscimemi@healthtech.com