Advanstar Communications added to its life sciences conferences with the acquisition of CBI Research Inc. Terms of the deal between Woodland Hills-based Advanstar and CBI were not disclosed. CBI produces live and electronic conferences for senior-level executives in the pharmaceutical and biotech industries. CBI President will continue to direct the company’s Massachusetts-based staff of 45. “The addition of CBI not only strengthens our market-leading pharmaceutical industry properties, but also extends Advanstar’s product matrix by providing conference expertise that can be applied to all of our market verticals,” said Advanstar CEO Joe Loggia.
