OXFORD, England, March 29, 2010 /PRNewswire/ -- PharmaVentures, the global corporate advisory serving the biotechnology and pharmaceutical industry, is pleased to announce the appointment of Anne Vindenes Allen as Managing Director of its new subsidiary, PharmaTelevision Ltd.

PharmaTelevision is the leading television company dedicated to assisting biopharma companies in their business information and communication needs. In addition to its Premium Content subscription service that delivers a daily news and analysis programme, the channel announced earlier this month new services to meet the growing demand for online video communications.

Mrs Allen, an online media specialist, has held a number of senior positions within scholarly and business publishing before joining PharmaVentures in 2008 as Chief Operating Officer for PharmaDeals(R), PharmaVentures' B2B publishing division. Mrs Allen comments, I'm delighted to be working with such a talented team of television professionals. My task is to bring tried and tested online publishing principals to bear to grow the business. Online video publishing has undoubtedly come of age - and PharmaTelevision is right there at the forefront.

CEO of PharmaVentures and Chairman of PharmaTelevision Ltd, Fintan Walton, says, We're pleased Anne will take PharmaTelevision to the next level. PharmaTelevision is set to become the most powerful medium for communication in our industry. And now, with a highly influential audience watching daily, we have a unique opportunity.

PharmaDeals and its associated publications will continue to be produced within PharmaVentures Ltd.

Notes to Editors:

PharmaVentures(R) (http://www.pharmaventures.com) is a leading international corporate advisory firm supporting its clients' growth ambitions in the health care industry. It comprises two divisions: PharmaVentures Corporate Advisory and PharmaVentures Business Media which produces the highly popular PharmaDeals(R) range of intelligence products including analysis tools and reports as well as the world's first dedicated online pharmaceutical television channel PharmaTelevision(R).

PharmaTelevision (http://www.pharmatelevision.com) is the groundbreaking online TV channel for the biopharma industry, offering daily television news, analysis and feature interviews with industry leaders. Since May 2006, it has rapidly grown and the channel now boasts a global audience of 10,000+ viewers including top industry executives.

PharmaTelevision is produced by professional television industry experts using professional studios worldwide as well as its own studios in Oxford, England. PharmaTelevision News is a daily 'must see' news service broadcast worldwide.

Now in its 12th year, PharmaVentures is based in Oxford, UK, employs over 30 people, many educated to PhD level. It is active worldwide, including the USA and AsiaPacific. The company works for a variety of clients from start-ups to global pharmaceutical corporations, their advisors, investment companies and governments.

For further information please contact: Lisa Holloway Marketing +44(0)1865-332716 lisa.holloway@pharmaventures.com

SOURCE: PharmaTelevision

CONTACT: For further information please contact: Lisa Holloway, Marketing,+44(0)1865-332716, lisa.holloway@pharmaventures.com