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eHealth - Saturday, May 20, 2006

MDLinx - An Internet Survivor Gets its Payday

Here at the a:c, we're always happy to see our friends succeed. To that at end, we're pleased to report that MDLinx, a seven-year-old site that aggregates medical articles and research from more than 1,200 sources, was acquired yesterday by Tokyo-based So-Net M3 Inc., another online medical info aggregator, which is 60 percent owned by Sony Communication Network. Terms of the deal were not disclosed, but we're sure the sake was flowing at MDLinx HQ in Washington, DC.

MDLinx was formed in the go-go days of the late 90's and, like so many other companies, saw its fortunes flag when the bubble burst. But unlike so many other companies, MDLinx hunkered down and emerged from the wreckage with a small, but profitable -- yes profitable -- business. So here's a big a:c knuckle-bump to MDlinx CEO Dave Rothenberg and co-founder Dr. Evan Garfein.

Original investors included NetStar Ventures LLC, Spacevest, and Alan Meckler (via his company's then active VC arm).

Read: Japanese Company Acquires D.C.'s MDLinx (Washington Post)