What's Happening?
Oxford University Press (OUP) has announced a definitive agreement to acquire Karger Publishers, a Basel, Switzerland-based medical press. The acquisition is set to be finalized in December. OUP CEO Nigel
Portwood expressed enthusiasm about the acquisition, highlighting Karger's long-standing reputation for high-quality medical and healthcare publications. Founded in 1890, Karger has a backlist of 9,000 books in medicine and health sciences. The acquisition aims to extend the reach and impact of Karger's publications, aligning with OUP's commitment to quality and scholarly integrity.
Why It's Important?
The acquisition of Karger Publishers by Oxford University Press is significant for the medical and healthcare publishing industry. It represents a strategic move by OUP to enhance its portfolio in the medical field, potentially increasing access to high-quality resources for healthcare professionals and researchers. This expansion could lead to improved dissemination of medical knowledge and foster advancements in healthcare research. Stakeholders in the medical and academic communities may benefit from the increased availability of scholarly resources, supporting ongoing education and innovation.
What's Next?
The acquisition is expected to be completed in December, after which Karger will become part of OUP's extensive publishing network. This transition may involve integrating Karger's operations and aligning its publishing practices with OUP's standards. The collaboration could lead to new opportunities for authors and editors within the medical and healthcare sectors, potentially resulting in the development of new publications and research initiatives. Stakeholders will be watching closely to see how this acquisition impacts the availability and quality of medical literature.
