Healthcare Practice Sees Continued Growth Following Westwicke Partners Acquisition
New York, NY – April 16, 2019 – ICR, a leading strategic communications and advisory firm today announced the addition of more than 50 new clients during the first quarter of 2019. The expanded client portfolio now includes global executive search firm, Heidrick & Struggles, restaurant industry disruptor, Kitchen United, and leading global artificial intelligence systems provider IPSoft, among others.
The new clients span ICR’s office locations and sector specialties including healthcare, technology, real estate, consumer, energy and financial services. ICR significantly expanded its healthcare capabilities in 2019 with a series of strategic developments and executive hires, leading to the addition of several new healthcare clients, including: BetterPT, Brainstorm Cell Therapeutics, Cofactor Genomics, Strata Oncology, X4 Pharmaceuticals, Bellicum Pharmaceuticals and two still in the pre-IPO process.
“We are pleased that 2019 is off to a great start with the addition of new IR, PR, Digital Branding, Crisis and Capital Markets Advisory clients across the industries we serve,” commented Tom Ryan, Chief Executive Officer, ICR. “It’s especially exciting to see strong momentum in our healthcare business, as well as continued growth in our traditionally strong practice areas, including technology and real estate.”
The healthcare portfolio expansion comes on the heels of ICR’s acquisition of Westwicke Partners, North America’s leading healthcare-focused investor relations and IPO advisory firm. Since the January 2019 acquisition, Westwicke has fully integrated into ICR while operating under the “Westwicke, An ICR Company” brand.
In addition to ICR’s expanded healthcare business, new clients in Q1 include three cannabis industry leaders, CV Sciences, Flowr and Growpacker. Cannabis is another growing area of focus for ICR, which was recently named among the Top 10 Most Effective Cannabis PR Firms by Green Market Report. ICR has also experienced growth in its energy and clean technology practice during the first quarter, with the addition of RocketFrac Services, Peck Electric Co. and Northern Oil & Gas to the firm’s client roster.
Established in 1998, ICR partners with companies to execute strategic communications and advisory programs that achieve business goals, build awareness and credibility, and enhance long-term enterprise value. The firm’s highly-differentiated service model, which pairs capital markets veterans with senior communications professionals, brings deep sector knowledge and relationships to more than 650 clients in approximately 20 industries. ICR’s healthcare practice operates under the Westwicke brand (www.westwicke.com). Today, ICR is one of the largest and most experienced independent communications and advisory firms in North America, maintaining offices in New York, Norwalk, Boston, Baltimore, San Francisco, San Diego and Beijing. ICR also advises on capital markets transactions through ICR Capital, LLC. Learn more at www.icrinc.com. Follow us on Twitter at @ICRPR.