Breaking Media, the owner of b-to-b sites like Fashionista, has acquired MedCity News as an attempt to branch into the health-care market.
MedCity News is the leading online news source for the business of innovation in healthcare. It offers insight into what’s next and what matters with a mix of breaking news and analysis on startups, and established industry leaders, personalities, policies and the most important deals.
MedCity News is a recipient of both the Innovation Fund A and B awards, having received $25,000 in June 2009 and $100,000 in March 2010.
MedCity CEO Chris Seper will join the company's board as the new vice president of healthcare. Along with the CEO, eight staff members from the Cleveland-based editorial will continue working for MedCity after the change of ownership.