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PDI, Inc. Announces New Business Wins Exceeding $18 Million
SADDLE RIVER, N.J., June 15 /PRNewswire-FirstCall/ -- PDI, Inc. (NASDAQ: PDII) , a leading provider of sales and marketing support to U.S. pharmaceutical companies, announces new business wins with four leading pharmaceutical and medical device companies. These four engagements are expected to contribute approximately $9 million in combined revenue in 2009, and three of the contracts are expected to contribute nearly $10 million in revenue in 2010.
The contracts include several different types of PDI's sales team offerings in the primary care, specialty and hospital settings. Sales representatives will be deployed in June for all four engagements, and they will be calling on office and hospital-based physicians specializing in women's health, primary care and pediatrics.
"We are pleased to be entrusted with the assets of these four leading companies," said Nancy Lurker, CEO, PDI, Inc. "It is especially gratifying to see that two of these customers have worked with PDI in the past, while the other two are brand new clients who have selected our company as their preferred partner. The people of PDI have been working hard to continue providing high impact and measurable value and quality to both current and new customers alike."
In other developments, PDI recently entered into a strategic alliance with The Medical Affairs Company, the leading provider of customized Medical Science Liaison (MSL) and Medical Affairs services. Under this agreement, the two companies are aligning their respective services to bring clients a more complete set of field-based commercialization solutions.