inVentiv Health Launches inVentiv Resource Solutions to Support Human Capital Needs

SOMERSET, N.J., July 12 /PRNewswire-FirstCall/ -- inVentiv Health, Inc. today announced the launch of inVentiv Resource Solutions, a business unit dedicated to providing best-in-class- human resource solutions to external clients as well as managing a variety of internal human resource needs. Leading this new revenue-generating division within inVentiv Commercial is Managing Director Brian Holland, who will report to Tristen Herrstrom, Executive VP of Resource Management for inVentiv Health.

Terry Herring, Chief Operating Officer of inVentiv Health and President/CEO of inVentiv Commercial said, "We have been very successful at providing human resource services to our clients as part of a total sales team solution, and offering these and related services independently is just another example of how the outsourcing trend is growing within the pharmaceutical industry. We expect inVentiv Resource Solutions to further improve efficiency within our organization, and to identify new and innovative ways to further drive our revenue goals."

inVentiv Resource Solutions is currently offering three distinct services: -- A web portal, http://www.Pharmajobboard.com, dedicated to the recruitment and development of pharmaceutical sales representatives. In addition to job searching capabilities, the portal will provide candidates with online learning capabilities through a partnership with Post University, as well as an invitational social network for information exchange. -- A Temporary Personnel Staffing business which will enable inVentiv to provide all aspects of sourcing, screening, identifying, and presenting Temporary Staffing candidates for available assignments for external and internal clients. Joelle Novak has been appointed to lead the Temporary Personnel Staffing business unit. -- A full suite of Human Resource solutions to assist clients in developing their strategic capabilities including Organizational Development, Cultural Strategy and other essential HR services.

Brian Holland said, "We are very excited about these new service offerings, particularly the opportunity to bring Web 2.0 technology to the pharma industry. This is one of a number of steps we intend to roll out to further improve access to and the quality of talent in the pharmaceutical arena, and believe this will further enhance inVentiv's ability to identify and recruit superior talent."

About Post University

Founded in 1890, Post University is a regional accredited career-oriented and student-focused university in Connecticut. It is known for its quality academic programs, small classes, national award winning student activities, and its NCAA Division II athletic programs. Post University is licensed by the State of Connecticut through the Department of Higher Education (DHE) and accredited by The Commission on Institutions of Higher Education (CIHE) of the New England Association of Schools and Colleges (NEASC). For more information visit http://www.post.edu/pharma

About inVentiv Health

inVentiv Health is the leading provider of commercialization and complementary services to the global pharmaceutical, life sciences and biotechnology industries. inVentiv delivers its customized clinical, sales, marketing and communications solutions through its three core business segments: inVentiv Clinical, inVentiv Communications and inVentiv Commercial. inVentiv Health currently works with over 200 unique pharmaceutical, biotech and life sciences clients, including all top 20 global pharmaceutical companies. For more information, visit http://www.inventivhealth.com.

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks that may cause inVentiv Health's performance to differ materially. Such risks include, without limitation: changes in trends in the pharmaceutical industry or in pharmaceutical outsourcing; our ability to compete successfully with other services in the market; our ability to maintain large client contracts or to enter into new contracts; uncertainties related to future incentive payments; and, our ability to operate successfully in new lines of business. Readers of this press release are referred to documents filed from time to time by inVentiv Health Inc. with the Securities and Exchange Commission for further discussion of these and other factors.

inVentiv Health, Inc.

CONTACT: Investors-Corporate, David Bassin, CFO, +1-732-537-4804,investor@inventivhealth.com, or Media, Felicia Vonella, +1-212-308-7155,fvonella@inventivhealth.com, both of inVentiv Health, Inc.

Back to news