Pink Sheet is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By



Executive Summary

THOMAS FERGUSON AD AGENCY MERGED INTO WPP GROUP: FIFTH LARGEST health marketing services firm will become a wholly-owned part of London-based WPP Group plc (under the direction of Martin Sorrel) in the continuing consolidation of the advertising industry. The acquisition was completed in late January. Headquartered in Parsippany, New Jersey, Thomas Ferguson Associates' estimated 1989 client billings were $120 mil., with a gross income estimated at $20 mil. Under the WPP aegis, Ferguson will become a corporate cousin of J. Walter Thompson, Oglivy & Mather, and the Hill and Knowlton public relations operation. Ferguson retains autonomy within the WPP network, with its management team, structure and location of offices unchanged. The chairman and CEO is Thomas Ferguson. John Zweig is president and chief operating officer. Thomas Ferguson is looking to the acquisition as a way to expand international resources. The firm may also press to expand the range of its health care client base -- about 90% of current billings are to drug firms. Thomas Ferguson clients include more than 20 health care firms, among them J&J; Abbott; Warner-Lambert; Rorer; Sandoz and Schering-Plough. Product accounts include educational campaigns for J&J's Retin-A and Orthoclone (OKT3), and Eprex. Other accounts include Rorer's DDAVP and Nasacort.

You may also be interested in...

Part D Discount Liability Coming Into Focus: CMS Releases Drug Cost Data

Newly released Medicare Part D data sheds light on the sales hit that branded pharmaceutical manufacturers will face when the coverage gap discount program gets under way in 2011

FDA Skin Infections Guidance Spurs Debate On Endpoint Relevance

FDA appears headed for a showdown with clinicians and the pharmaceutical industry over the proposed new clinical trial endpoints for acute bacterial skin and skin structure infections, the guidance's approach for justifying a non-inferiority margin and proposed changes in the types of patients that should be enrolled in trials

Shire Hopes To Sow Future Deals With $50M Venture Fund

Specialty drug maker Shire has quietly begun scouting deals with a brand-new $50 million venture fund, the latest of several in-house investment arms to launch with their parent company's pipelines, not profits, as the measure of their worth




Ask The Analyst

Ask the Analyst is free for subscribers.  Submit your question and one of our analysts will be in touch.

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts