Business For Sale Listing 152078
Venture Backed Biomedical Information Services
Status as of Nov-21-2008 at 06:00 PM: Active
Business Summary
The firm is a preeminent, web-based platform and community for life scientists and physicians, aimed at making the world’s biomedical research information universally accessible and useful. As the first online platform to focus on both the dissemination of information and collaboration within the scientific community, content is driven by thousands of its users helping to streamline research and discovery. BioWizard is the only information services company in the world to offer individual users access to biomedical meeting abstracts. Additionally, the site offers a host of other features including a direct interface with PubMed offering an optimized search experience, up-to-the-minute field-specific news, a comprehensive product directory and blogs from scientists.
BUSINESS MODEL: The firm presently generates revenue from advertising and sponsorship programs and through subscriptions services to the largest database of conference abstracts in the world.
READY MARKET OF USERS – Over 1 million unique daily users visit PubMed. About 2.9 million literature searches are performed daily with close to 70 million searches conducted on a monthly basis. Biowizard is seeking to monetize the million daily users visiting PubMed. As annual PubMed searches soar into the hundreds of millions, the firm's search interface is primed to be at the center for all online biomedical literature searches.
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