A big thanks to the folks at PRWeek and all the staff at WCG for a stellar year that led to the Editor's Choice award for the top agencies to watch in 2010. PR Week noted WCG's growth in headcount and revenue, as well as rapid expansion of creative and social media capabilities, as indicators that WCG will indeed be one of the top agencies to watch in 2010. Other agencies that were recognized include MS&L, Waggener Edstrom, Next Fifteen, and Ogilvy PR Worldwide.
From PR Week:
"WeissComm, once a traditional healthcare PR shop, used 2009 to expand its offerings further into social media and creative services through a number of acquisitions and hires. It says it expects revenues for 2009 to increase 40% year-over-year.
The acquisitions set a tone for the San Francisco-based agency, especially during a year where many firms were cutting budgets and staff. Going into 2010, it is well positioned for more growth.
With its integrated offerings, the firm is more than poised to take the lead as a counselor and strategist on issues relating to the FDA's policy on online communications, healthcare reform, new technology, and the growing consumer health sector.
If the FDA develops guidance for social media and online communications, the firm, which has been a key partner in developing social media strategies for some of the largest pharma companies, can guide its clients through changes as a true adviser.
WeissComm's acquisitions will also help it develop client relationships outside the traditional pharma and biotech sphere. Yet, many firms are remaining cautious about 2010. If budgets don't increase and revenues stay flat, the agency could face challenges in maintaining its success."