<PAGE>

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                                 UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549

                               ----------------

                                   Form 10-Q

                               ----------------

[X] Quarterly Report Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934

For the quarterly period ended June 30, 2000

                                      or

[_] Transition Report Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934

For the Transition Period From ________________ to ________________

                        Commission file number 0-30318

                               ----------------

                              VENTIV HEALTH, INC.
            (Exact name of registrant as specified in its charter)

<TABLE>
        <S>                                                <C>
                    Delaware                                   52-2181734
          (State or other jurisdiction                        (IRS Employer
        of incorporation or organization)                  Identification No.)
</TABLE>

             1114 Avenue of the Americas, New York, New York 10036
             (Address of principal executive office and zip code)

                                (212) 768-8000
             (Registrant's telephone number, including area code)

                               ----------------

  Indicate by check mark whether registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934
during the preceding 12 months (or for such shorter period that the registrant
was required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days. Yes [X]* No [_]

  *Based upon satisfaction of the conditions set forth in Staff Legal Bulletin
No. 4

  Indicate the number of shares outstanding of each of the issuer's classes of
common stock, as of the latest practicable date.

  Common Stock, par value $0.001, 22,840,915 shares outstanding as of July 31,
2000

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<PAGE>

                              VENTIV HEALTH, INC.
                                   FORM 10-Q

                                     INDEX

<TABLE>
<CAPTION>
                                                                            Page
                                                                            ----
<S>                                                                         <C>
PART I. FINANCIAL INFORMATION

 ITEM 1. Financial Statements

     Condensed Consolidated Balance Sheets as of June 30, 2000 (unaudited)
      and
      December 31, 1999....................................................    1

     Condensed Consolidated Statements of Earnings for the three- and six-
      month periods ended June 30, 2000 and 1999 (unaudited)...............    2

     Condensed Consolidated Statements of Cash Flows for the six-month
      periods ended
      June 30, 2000 and 1999 (unaudited)...................................    3

     Notes to Condensed Consolidated Financial Statements..................  4-6

 ITEM 2. Management's Discussion and Analysis of Financial Condition and
  Results of Operations.................................................... 7-11

 ITEM 3. Quantitative and Qualitative Disclosures About Market Risk........   14

PART II. OTHER INFORMATION

 ITEM 1. Legal Proceedings.................................................   15

 ITEM 4. Submission of Matters to a Vote of Security Holders...............   15

 ITEM 5. Other Information.................................................   15

 ITEM 6. Exhibits and Reports on Form 8-K..................................   15

SIGNATURES.................................................................   16
</TABLE>
<PAGE>

                         PART I. FINANCIAL INFORMATION
ITEM 1. Financial Statements

                              VENTIV HEALTH, INC.
                     CONDENSED CONSOLIDATED BALANCE SHEETS
                       (in thousands, except share data)

<TABLE>
<CAPTION>
                                                        June 30,   December 31,
                                                        --------   ------------
                                                          2000         1999
                                                          ----         ----
                                                       (unaudited)
<S>                                                    <C>         <C>
                        ASSETS
Current assets:
 Cash and equivalents.................................  $ 35,394     $ 37,627
 Marketable securities................................       --         1,898
 Accounts receivable, net of allowances for doubtful
  accounts of $2,228 and $2,517 at
  June 30, 2000 and December 31, 1999, respectively...    51,348       51,158
 Unbilled services....................................    23,716       13,430
 Other current assets.................................    12,326        7,568
                                                        --------     --------
   Total current assets...............................   122,784      111,681
Property and equipment, net...........................    15,764       14,742
Goodwill and other intangible assets, net.............    92,675       95,816
Deferred tax asset....................................     9,231        9,732
Investments and other noncurrent assets...............     3,101        1,293
                                                        --------     --------
   Total assets.......................................  $243,555     $233,264
                                                        ========     ========

         LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
 Lines of credit......................................  $  9,000     $     36
 Current maturities of long-term debt.................        55           55
 Accrued payroll......................................    18,606       18,082
 Accounts payable.....................................     8,021        8,801
 Accrued expenses.....................................    27,495       26,971
 Client advances......................................     5,850        4,346
 Unearned revenue.....................................    23,254       28,060
                                                        --------     --------
   Total current liabilities..........................    92,281       86,351
Long-term debt........................................    14,345        1,155
Other liabilities.....................................         5            5
Commitments and contingencies.........................       --           --

Stockholders' Equity:
Preferred stock, $.001 par value, 10,000,000 shares
 authorized, none issued and outstanding at June 30,
 2000, and December 31, 1999..........................       --           --
Common stock, $.001 par value, 50,000,000 shares
 authorized; 22,886,800 shares and 25,231,215 shares
 issued and outstanding at June 30, 2000 and
 December 31, 1999, respectively......................        23           25
Additional paid-in-capital............................   157,530      176,495
Deferred compensation.................................    (3,574)      (4,219)
Treasury stock, at cost, 494,000 shares at
 December 31, 1999....................................       --        (4,307)
Accumulated other comprehensive losses................    (4,093)      (2,401)
Retained deficit......................................   (12,962)     (19,840)
                                                        --------     --------
   Total stockholders' equity.........................   136,924      145,753
                                                        --------     --------
   Total liabilities and stockholders' equity.........  $243,555     $233,264
                                                        ========     ========
</TABLE>

     See accompanying notes to condensed consolidated financial statements.


                                       1
<PAGE>

                              VENTIV HEALTH, INC.
                 CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS
                    (in thousands, except per share amounts)

<TABLE>
<CAPTION>
                                                               For the Six
                                    For the Three Months         Months
                                    --------------------       -----------
                                       Ended June 30,        Ended June 30,
                                       --------------        --------------
                                       2000        1999       2000      1999
                                    ----------  ----------  --------  --------
                                                  (unaudited)
<S>                                 <C>         <C>         <C>       <C>
Revenues........................... $   98,984  $   94,320  $197,901  $181,259
Operating expenses:
  Costs of services................     80,136      70,863   161,375   138,144
  Selling, general and
   administrative expenses.........     11,913      10,546    24,796    20,468
  Non-recurring costs..............        --          117       --      1,693
                                    ----------  ----------  --------  --------
Operating income...................      6,935      12,794    11,730    20,954
Interest expense...................       (582)        (82)   (1,051)     (123)
Investment income..................        467          95       785       373
                                    ----------  ----------  --------  --------
Earnings before income taxes.......      6,820      12,807    11,464    21,204
Provision for income taxes.........     (2,728)     (5,255)   (4,586)   (8,563)
                                    ----------  ----------  --------  --------
  Net earnings..................... $    4,092  $    7,552  $  6,878  $ 12,641
                                    ==========  ==========  ========  ========
Earnings per share (see Note 4):
  Basic............................ $     0.18  $     0.32  $   0.30  $   0.53
                                    ==========  ==========  ========  ========
  Diluted.......................... $     0.18  $     0.32  $   0.30  $   0.53
                                    ==========  ==========  ========  ========
</TABLE>

     See accompanying notes to condensed consolidated financial statements.

                                       2
<PAGE>

                              VENTIV HEALTH, INC.
                CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
                                 (in thousands)

<TABLE>
<CAPTION>
                                                               For the Six
                                                                 Months
                                                               -----------
                                                             Ended June 30,
                                                             --------------
                                                              2000      1999
                                                              ----      ----
                                                               (unaudited)
<S>                                                         <C>       <C>
Cash flows from operating activities:
 Net earnings.............................................. $  6,878  $ 12,641
 Adjustments to reconcile net earnings to net cash used in
  operating activities:
  Depreciation and amortization............................    4,790     3,789
  Deferred taxes...........................................     (279)      737
  Loss on disposal of assets...............................      477       196
  Non-cash expense for restricted stock vesting............      545       --
 Changes in assets and liabilities:
  Accounts receivable, net.................................     (190)  (11,014)
  Unbilled services........................................  (10,286)  (10,620)
  Deposits and other noncurrent assets.....................      192     3,339
  Accrued payroll, accounts payable and accrued expenses...      264   (10,453)
  Client advances..........................................    1,504     1,011
  Unearned revenue.........................................   (4,806)   (1,130)
  Other....................................................   (4,001)      754
                                                            --------  --------
 Net cash used in operating activities.....................   (4,912)  (10,750)
                                                            --------  --------
Cash flows from investing activities:
  Cash on hand at acquired businesses......................      --      2,917
  Purchase of subsidiaries.................................      --     (1,135)
  Investment in Rxcentric.com, Inc.........................   (2,000)      --
  Purchase of license agreements...........................      --       (151)
  Proceeds from sale of fixed assets.......................       94       --
  Proceeds from sale of marketable securities..............    1,903       --
  Purchase of property and equipment.......................   (3,969)   (4,775)
                                                            --------  --------
 Net cash used in investing activities.....................   (3,972)   (3,144)
                                                            --------  --------
Cash flows from financing activities:
  Net borrowings (repayment) of debt.......................   22,154    (1,761)
  Purchases of treasury shares.............................  (15,500)      --
  Investments and advances from Snyder.....................      --     11,227
  Proceeds from the exercise of stock options..............      747       --
                                                            --------  --------
 Net cash provided by financing activities.................    7,401     9,466
                                                            --------  --------
Effect of exchange rate changes on cash and equivalents....     (750)      111
                                                            --------  --------
Net decrease in cash and equivalents.......................   (2,233)   (4,317)
Cash and equivalents, beginning of period..................   37,627    25,664
                                                            --------  --------
Cash and equivalents, end of period........................ $ 35,394  $ 21,347
                                                            ========  ========
Supplemental disclosures of cash flow information:
  Cash paid for interest................................... $    524  $    211
  Cash paid for income taxes...............................    1,769     6,141
Supplemental disclosures of non-cash activities:
  Businesses acquired with Snyder stock.................... $    --   $ 16,336
</TABLE>

     See accompanying notes to condensed consolidated financial statements.

                                       3
<PAGE>

                              VENTIV HEALTH, INC.

             NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                                  (unaudited)

1. Organization, Business and Basis of Presentation:

 Organization

  Snyder Communications, Inc. ("Snyder"), a Delaware corporation, completed an
initial public offering of its common stock on September 24, 1996. Snyder
created the business currently conducted by the registrant, Ventiv Health,
Inc. ("Ventiv"), in 1997 as a result of a merger transaction with a U.S.
provider of pharmaceutical sales and marketing services. After forming its
pharmaceutical sales and marketing services business segment in 1997, Snyder
completed a series of acquisitions that expanded the magnitude, scope of
services and geographic presence of this business.

  On June 22, 1999, the Board of Directors of Snyder approved a plan to effect
the distribution (the "Distribution") of Snyder's healthcare marketing assets
of its healthcare marketing services business in the third quarter of 1999 to
a newly formed subsidiary, Ventiv Health, Inc. Snyder consummated the
Distribution on September 27, 1999 through a special dividend of one share of
common stock of Ventiv Health, Inc. for every three shares of Snyder common
stock. As a result of the Distribution, Ventiv became an independent, publicly
traded corporation [NASDAQ: VTIV].

 Business

  Ventiv Health, Inc. is a unique sales and marketing partner providing
innovative strategic and tactical solutions globally for the pharmaceutical
and life sciences industry. The Company offers a broad range of integrated
sales and marketing services including: specially designed strategic marketing
plans, educational programs targeted to physicians, sales execution, and
consulting and analytics. Clients include many of the leading pharmaceutical
and life sciences companies, including: Aventis, Bausch & Lomb, Baxter, Bayer,
Bristol-Myers Squibb, Eli Lilly, Endo Pharmaceuticals, Glaxo Wellcome, Johnson
& Johnson, Merck, Novartis, Pfizer and Pharmacia. Ventiv Health operates
across the United States, France, Germany, United Kingdom, Austria and
Hungary.

 Basis of Presentation

  The operations of Ventiv Health, Inc. consist principally of the healthcare
sales, healthcare market research and strategic planning, and healthcare
educational communications services formerly conducted by the healthcare
marketing services segment of Snyder.

  The unaudited condensed consolidated financial statements present the
financial position, results of operations and cash flows of Snyder's
healthcare marketing services business, referred to herein as "Ventiv",
"Ventiv Health" or the "Company", as if it were operated as a stand-alone
entity apart from Snyder for all periods prior to the Distribution. Snyder's
historical basis in the assets and liabilities contributed to Ventiv in the
Distribution has been carried over and appropriately reflected in these
condensed consolidated financial statements. All expenses reflected in the
condensed consolidated financial statements for periods prior to the
Distribution are costs specifically identified to the Company. It is not
practicable to estimate costs that would have been incurred by the Company if
it had been operated on a stand-alone basis prior to the Distribution.

  The accompanying unaudited condensed consolidated financial statements have
been prepared pursuant to the interim rules and regulations of the Securities
and Exchange Commission. As a result, certain information and footnote
disclosures normally included in financial statements prepared in accordance
with generally accepted accounting principles ("GAAP") have been omitted. The
Company believes that the disclosures made are adequate to make the
information presented not misleading. The condensed consolidated financial
statements

                                       4
<PAGE>

                              VENTIV HEALTH, INC.

       NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS--(Continued)

reflect all adjustments (consisting of only normal recurring adjustments)
which, in the opinion of management, are necessary to present fairly the
financial position, results of operations and cash flows of the Company as of
June 30, 2000. Operating results for the three-month period ended June 30,
2000 are not necessarily indicative of the results that may be expected for
the year ended December 31, 2000. The condensed consolidated financial
statements should be read in conjunction with the consolidated financial
statements and accompanying notes included in the Company's Annual Report on
Form 10-K for the year ended December 31, 1999, filed with the Securities and
Exchange Commission on March 30, 2000.

2. Strategic Business Alliances and Related Transactions

  On March 10, 2000, Ventiv entered into an exclusive strategic alliance with
Rxcentric.com, Inc. (Rxcentric), a privately-held New York, NY based company
which provides physicians with rapid access to comprehensive drug and
pharmaceutical-related information via the Internet. Pursuant to a multi-year
agreement, the companies will share in the revenues generated from this
alliance, subject to significant revenue and physician recruitment milestones.
In connection with this strategic alliance, Ventiv has invested $2 million in
Rxcentric in exchange for a minority equity position in the firm, which is
being accounted for under the cost method.

  Following this transaction, the company announced the formation of a new
operating unit, eVentiv, which will focus on the development of Internet-based
solutions that complement Ventiv's existing sales, communications and
strategic consulting businesses, enhancing the Company's ability to provide
superior outsourced marketing and sales solutions. Specifically, eVentiv will
focus on the design and development of solutions oriented toward physician
interaction (a primary objective of the alliance with Rxcentric), patient
interaction and value-added information for pharmaceutical clients.

  Ventiv does not expect eVentiv or business generated through the alliance
with Rxcentric to materially affect results of operations for the year ending
December 31, 2000.

3. Share Repurchase Program:

  On March 15, 2000, the Board of Directors authorized the repurchase of an
additional $12.5 million of the Company's stock, bringing the total authorized
to $37.5 million. The Company has repurchased approximately 1.5 million and
2.1 million shares for approximately $15.5 million and $19.8 million
(including applicable fees and broker commissions) for the six months ending
June 30, 2000 and for the repurchase program to date, respectively.

4. Earnings Per Share:

  The Company has applied Statement of Financial Accounting Standards No. 128,
"Earnings Per Share" ("SFAS No. 128") to all periods presented in these
financial statements. SFAS No. 128 requires disclosure of basic and diluted
earnings per share ("EPS"). Basic EPS is computed by dividing reported
earnings available to common stockholders by the weighted average number of
shares outstanding without consideration of common stock equivalents or other
potentially dilutive securities. Diluted EPS gives effect to common stock
equivalents and other potentially dilutive securities outstanding during the
period. For periods prior to the Distribution, basic and diluted EPS was
calculated on a pro forma basis using the number of shares of Ventiv common
stock that were issued upon the Distribution. For periods ending subsequent to
the date of the Distribution, the number of shares used to calculate net
earnings per share was based on the actual number of shares of Ventiv common
stock and common stock equivalents outstanding. Basic and diluted EPS are the
same from the date of the earliest period presented through the date of the
Distribution, as there were no Ventiv employee stock options or restricted
shares granted until the date of the Distribution.

                                       5
<PAGE>

                              VENTIV HEALTH, INC.

       NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS--(Continued)

  The following table presents a reconciliation of the numerators and
denominators of basic and diluted EPS for the six and three month periods
ended June 30, 2000 and pro forma basic and diluted EPS for the six and three
month periods ended June 30, 1999:

<TABLE>
<CAPTION>
                                                                  Six Months
                                            Three Months Ended       Ended
                                               June 30, 2000     June 30, 2000
                                            ------------------   -------------
                                              2000      1999     2000    1999
                                              ----      ----     ----    ----
                                              (in thousands except per share
                                                           data)
<S>                                         <C>       <C>       <C>     <C>
Basic EPS Computation
  Net earnings............................. $   4,092 $   7,552 $ 6,878 $12,641
  Weighted average common shares
   outstanding.............................    22,549    23,715  22,753  23,715
  Basic EPS................................ $    0.18 $    0.32 $  0.30 $  0.53
                                            ========= ========= ======= =======
Diluted EPS Computation
  Net earnings............................. $   4,092 $   7,552 $ 6,878 $12,641
  Adjustments to net earnings..............        --        --      --      --
                                            --------- --------- ------- -------
  Net earnings, as adjusted................ $   4,092 $   7,552 $ 6,878 $12,641
  Diluted common shares outstanding:
    Weighted average common shares
     outstanding...........................    22,549    23,715  22,753  23,715
    Employee Stock Options.................       407        --     359      --
    Restricted Stock Awards................       188        --     175      --
                                            --------- --------- ------- -------
    Total diluted common shares
     outstanding...........................    23,144    23,715  23,287  23,715
                                            ========= ========= ======= =======
    Diluted EPS............................ $    0.18 $    0.32 $  0.30 $  0.53
                                            ========= ========= ======= =======
</TABLE>

5. Significant Clients:

  During the six months ended June 30, 2000 and 1999, a single client,
Bristol-Myers Squibb, Inc., accounted for approximately 25% and 10% of the
Company's total revenue, respectively. The Company expects that this client
will continue to provide a portion of the Company's revenue similar to that
contributed in the six-month period ended June 30, 2000 for the remainder of
the year.

6. Comprehensive Income:

  SFAS No. 130, "Reporting Comprehensive Income", was adopted during 1998.
This statement establishes standards for reporting comprehensive income in
financial statements. Comprehensive income reports the effect on net income of
transactions that are related to equity of the Company, but that have not been
transacted directly with the Company's shareholders. This statement only
modifies disclosures, including financial statement disclosures, and does not
result in other changes to the results or financial position of the Company.

<TABLE>
<CAPTION>
                                                                Six Months
                                         Three Months Ended        Ended
                                            June 30, 2000      June 30, 2000
                                         ------------------    -------------
                                           2000       1999     2000     1999
                                           ----       ----     ----     ----
                                                   (in thousands)
<S>                                      <C>        <C>       <C>      <C>
Net earnings............................ $   4,092  $   7,552 $ 6,878  $12,641
Other comprehensive earnings (losses),
 net of tax:
  Foreign currency translation
   adjustment...........................      (440)        66  (1,692)  (1,158)
  Unrealized gain on marketable
   securities...........................         5        --      --       --
                                         ---------  --------- -------  -------
Comprehensive earnings.................. $   3,657  $   7,618 $ 5,186  $11,483
                                         =========  ========= =======  =======
</TABLE>


                                       6
<PAGE>

ITEM 2. Management's Discussion and Analysis of Financial Condition and
Results of Operations

  On September 27, 1999, Ventiv Health, Inc. ("Ventiv") was spun off from
Snyder Communications, Inc. ("Snyder") in the form of a tax-free dividend to
Snyder stockholders (the "Distribution"). Ventiv is now an independent
publicly traded company [NASDAQ: VTIV]. This Management's Discussion and
Analysis of Financial Condition and Results of Operations covers periods prior
to the Distribution, during which the operations of Ventiv were part of
Snyder. The following information should be read in conjunction with the
consolidated financial statements, accompanying notes and other financial
information included in this Quarterly Report on Form 10-Q and in the
Company's most recent Annual Report on Form 10-K for the year ended December
31, 1999.

Private Securities Litigation Reform Act of 1995--A Caution Concerning
Forward-Looking Statements

  Any statement made in this Form 10-Q that deals with information that is not
historical, such as statements concerning our anticipated financial results,
are forward-looking statements. We wish to caution readers not to place undo
reliance on any of these forward-looking statements, which speak only as of
the date made. Forward-looking statements are subject to the occurrence of
many events outside our control and to various risk factors that could cause
results to differ materially from those expressed in our periodic reports and
registration statements filed with the Securities and Exchange Commission, our
press releases or other public communications.

Overview

  Ventiv Health, Inc. is a unique sales and marketing partner providing
innovative strategic and tactical solutions globally for the pharmaceutical
and life sciences industry. The Company offers a broad range of integrated
sales and marketing services including: specially designed strategic marketing
plans, educational programs targeted to physicians, sales execution, and
consulting and analytics. Clients include many of the leading pharmaceutical
and life sciences companies, including: Aventis, Bausch & Lomb, Baxter, Bayer,
Bristol-Myers Squibb, Eli Lilly, Endo Pharmaceuticals, Glaxo Wellcome, Johnson
& Johnson, Merck, Novartis, Pfizer and Pharmacia. Ventiv Health operates
across the United States, France, Germany, United Kingdom, Austria and
Hungary.

  Ventiv's services are designed to develop, execute and monitor strategic
marketing plans for pharmaceutical and other life sciences products and to
conduct educational research and communication services for the medical
community. Snyder created the business currently conducted by Ventiv in
January 1997 in a merger transaction with a U.S. provider of pharmaceutical
sales and marketing services. After forming its pharmaceutical sales and
marketing service business segment in 1997, Snyder completed a series of
acquisitions that expanded both the magnitude, scope of services and
geographic presence of the pharmaceutical sales and marketing business,
creating the business conducted by Ventiv today. We plan to focus on internal
growth for the foreseeable future as our primary means of expansion, although
we will consider attractive acquisition opportunities as they arise.

  We expect that the complementary services, which Ventiv is able to offer to
its customers as a result of the acquisitions described above, will increase
our opportunities and strengthen our client relationships. We strive to
integrate our service capabilities to provide a coordinated spectrum of
healthcare marketing and sales services. Ventiv's Health Products Research
group designs and monitors product launches and on going market and sales
strategies with its proprietary programs to maximize resource utilization and
return on investment for pharmaceutical and other life sciences companies.
Ventiv Health Communications provides educational and promotional programs to
physicians and other healthcare professionals. Ventiv Health Worldwide Sales
designs and executes outsourced sales programs for pharmaceutical and other
life sciences products. Most of Ventiv's largest clients utilize the services
of more than one of our operating groups.

                                       7
<PAGE>

Strategic Business Alliances and Related Transactions

  On March 10, 2000, Ventiv entered into an exclusive strategic alliance with
Rxcentric.com, Inc. (Rxcentric), a privately-held New York, NY based company
which provides physicians with rapid access to comprehensive drug and
pharmaceutical-related information via the Internet. Pursuant to a multi-year
agreement, the companies will share in the revenues generated from this
alliance, subject to significant revenue and physician recruitment milestones.
In connection with this strategic alliance, Ventiv has invested $2 million in
Rxcentric in exchange for a minority equity position in the firm, which is
being accounted for under the cost method.

  Following this transaction, the Company announced the formation of a new
operating unit, eVentiv, which will focus on the development of Internet-based
solutions that complement Ventiv's existing sales, communications and
strategic consulting businesses, enhancing the Company's ability to provide
superior outsourced marketing and sales solutions. Specifically, eVentiv will
focus on the design and development of solutions oriented toward physician
interaction (a primary objective of the alliance with Rxcentric), patient
interaction and value-added information for pharmaceutical clients.

  Ventiv does not expect eVentiv or business generated through the alliance
with Rxcentric to materially affect results of operations for the year ending
December 31, 2000.

                                       8
<PAGE>

Results of Operations

  The following sets forth, for the periods indicated, certain components of
Ventiv's income statement data, including such data as a percentage of
revenues. Acquisition and related costs are considered to be non-recurring by
Ventiv because Ventiv's current operations are not expected to incur such
costs in future periods.

<TABLE>
<CAPTION>
                                                Three months ended
($'s in 000's)                             ---------------------------------
                                                     June 30,
                                           ---------------------------------
                                                2000              1999
                                           ---------------   ---------------
<S>                                        <C>       <C>     <C>       <C>
Revenue................................... $ 98,984  100.0 % $ 94,320  100.0 %
Cost of services..........................   80,136   81.0 %   70,863   75.1 %
Selling, general and administrative
 expenses.................................   11,913   12.0 %   10,546   11.2 %
Non-recurring expenses....................       --    0.0 %      117    0.1 %
                                           --------  -----   --------  -----
   Total costs............................   92,049   93.0 %   81,526   86.4 %
                                           --------  -----   --------  -----
Income from operations....................    6,935    7.0 %   12,794   13.6 %
Interest expense..........................     (582)  (0.6)%      (82)  (0.1)%
Interest income...........................      467    0.5 %       95    0.1 %
                                           --------  -----   --------  -----
Earnings before income taxes..............    6,820    6.9 %   12,807   13.6 %
Provision for income taxes................   (2,728)  (2.8)%   (5,255)  (5.6)%
                                           --------  -----   --------  -----
Net income................................ $  4,092    4.1 % $  7,552    8.0 %
                                           ========  =====   ========  =====

<CAPTION>
                                                 Six months ended
                                           ---------------------------------
                                                     June 30,
                                           ---------------------------------
                                                2000              1999
                                           ---------------   ---------------
<S>                                        <C>       <C>     <C>       <C>
Revenue................................... $197,901  100.0 % $181,259  100.0 %
Cost of services..........................  161,375   81.5 %  138,144   76.2 %
Selling, general and administrative
 expenses.................................   24,796   12.5 %   20,468   11.3 %
Non-recurring expenses....................       --    0.0 %    1,693    0.9 %
                                           --------  -----   --------  -----
   Total costs............................  186,171   94.1 %  160,305   88.4 %
                                           --------  -----   --------  -----
Income from operations....................   11,730    5.9 %   20,954   11.6 %
Interest expense..........................   (1,051)  (0.5)%     (123)  (0.1)%
Interest income...........................      785    0.4 %      373    0.2 %
                                           --------  -----   --------  -----
Earnings before income taxes..............   11,464    5.8 %   21,204   11.7 %
Provision for income taxes................   (4,586)  (2.3)%   (8,563)  (4.7)%
                                           --------  -----   --------  -----
Net income................................ $  6,878    3.5 % $ 12,641    7.0 %
                                           ========  =====   ========  =====
</TABLE>

Three Months Ended June 30, 2000 Compared to Three Months Ended June 30, 1999

  Revenues: Revenues increased by approximately $4.7 million, or 5.0%, to
$99.0 million in the three month period ended June 30, 2000, from $94.3
million in the three months ended June 30, 1999.

  Revenues in our U.S. Sales group were $55.8 million, an increase of 69.3%
over last year's total, and accounted for 56.4% of total Ventiv revenues for
the three months ended June 30, 2000. This growth primarily resulted from new
contracts and expansions of existing business relationships with Bristol-Myers
Squibb, Johnson & Johnson and Novartis. The U.S. Sales' revenues and operating
income for the three months ended June 30, 2000 included approximately $0.4
million of incentive fee settlements. Agreement on the final amount of these
settlements was reached following the review and analysis of related product
sales data for the three months ended June 30, 2000.


                                       9
<PAGE>

  The Company's European Sales business generated revenues of $23.5 million, a
decrease of 35.6% from the second quarter of 1999. Revenues generated by the
European businesses represented 23.7% of total revenues for the fiscal quarter
ended June 30, 2000. The decline in revenue was a result of a combination of
factors including the integration of the Ventiv businesses from separate
companies into one consolidated enity, the closure of syndicated sales forces
(primarily in the U.K.) and, to a lesser extent, the impact of foreign
exchange rates.

  Ventiv Health Communications' revenues represented 14.2% of second quarter
revenues. Revenues for the group were approximately $14.1 million for the
three months ended June 30, 2000, which represents a decrease of $4.6 million
from the $18.7 million recorded in the second quarter of 1999. This decrease
in revenue was primarily the result of a change in business focus toward live
events and away from print media coupled with a change in client mix.

  Health Products Research generated 5.6% of total revenues, and $5.6 million
and $6.1 million in the three-month periods ended June 30, 2000 and 1999,
respectively. Revenues decreased $0.5 million or 9.2%, from the second quarter
in 1999, primarily as a result of pharmaceutical industry consolidation,
partially offset by the continuation of the Research group's growth as it
expands its client base.

  Cost of Services: Costs of services increased by approximately $9.3 million,
or 13.1%, to $80.1 million this fiscal quarter from $70.9 million in the
three-month period ending June 30, 1999, primarily to the increase in revenue
for the period. Cost of services increased as a percentage of revenue to 81.0%
from 75.1% in the three -month periods ending June 30, 2000 and 1999,
respectively. Cost of services increased as a percentage of revenue primarily
due to: the effect of revenue reductions in the European contract sales
business (this was only partially offset by corresponding costs of services
reductions as the predominant components of such costs are personnel related);
lower margins at Ventiv Health Communications (resulting from the shift in
business focus to lower margin live events); and to a lesser extent, lower
margins at Health Products Research and as a result of increasing costs of
infrastructure necessary to support the service operations. These effects were
partially offset by improved margins from the US Contract Sales business. We
believe that actions taken this year and late in 1999, including the reduction
of syndicated sales force capacity will result in lower costs of services as a
percentage of revenue in future periods.

  Selling, General and Administrative Expenses: Selling, general and
administrative expenses increased by approximately $1.4 million, or 13.0%, to
$11.9 million from $10.5 million in the three-month periods ending June 30,
2000 and 1999, respectively. Selling, general and administrative expenses as a
percentage of revenue increased to 12.0% from 11.2%. These increases were
largely due to additional ongoing overhead costs incurred in connection with
the formation of Ventiv's independent management and administrative
infrastructure following the Distribution.

  Non-recurring Costs: Non-recurring costs recorded in the three-month period
ended June 30, 1999 included charges of $0.1 million related to the
consolidation and integration of certain of Ventiv's acquired operations
within Ventiv Health U.S. Sales.

  Interest Expense: Ventiv recorded $0.6 million of interest expense in the
three months ended June 30, 2000, a notable increase over the relatively
immaterial amount recorded in the comparable prior year period. Interest
expense increased as a direct result of net borrowings drawn against the
Company's revolving line of credit, in support of operations, investing
activities and in connection with the Company's share repurchase program (see
"Liquidity and Capital Resources").

  Investment Income: Ventiv recorded approximately $0.5 million and $0.1
million of investment income in the three months ended June 30, 2000 and 1999,
respectively. Variations in future investment income will result from
differences in average amounts of cash and cash equivalents available for
investment and the prevailing short-term interest rates during these periods.

                                      10
<PAGE>

  Provision for Income Taxes: Ventiv recorded provisions for income taxes
using average effective tax rates of 40.0% and 41.0% for the three-month
periods ended June 30, 2000 and 1999, respectively. Ventiv's current effective
tax rate reflects the full impact of non-deductible goodwill amortization
associated with prior acquisitions and was based on current internal earnings
projections for the year ending December 31, 2000 by tax jurisdiction.

  Net Earnings and Earnings Per Share ("EPS"): Ventiv's net earnings decreased
by $3.5 million to $4.1 million, as compared with $7.6 million, in the three
months ended June 30, 2000 and 1999, respectively. Higher costs of services,
increased SG&A associated with the establishment of an independent corporate
infrastructure and, to a lesser extent, higher interest expense associated
with the utilization of the Company's line of credit all contributed to the
decrease in net earnings, as more fully explained above. The effects of these
factors were partially offset by the lack of non-recurring costs this fiscal
quarter.

  Shares used in computing basic and diluted EPS decreased by approximately
1.2 million and 0.6 million shares, respectively, due to the impact of the
Company's share repurchase program. The impact of share repurchases on shares
used in computing diluted EPS was offset in part by the inclusion of common
stock equivalents relating to employee stock options and restricted stock
awards. These items were not included in pro forma diluted EPS for the three
months ended June 30, 1999, as they were not issued until the date of the
Distribution (see Part I.--Item 1.--Notes to Condensed Consolidated Financial
Statements--Note 3 "Share Repurchase Program" and Note 4 "Earnings per
Share").

Six Months Ended June 30, 2000 Compared to Six Months Ended June 30, 1999

  Revenues: Revenues increased by approximately $16.6 million, or 9.2%, to
$197.9 million in the six-month period ended June 30, 2000, from $181.3
million in the six-month period ended June 30, 1999.

  Revenues in our U.S. Sales group were $109.5 million, an increase of 73.8%
over last year's total, and accounted for 55.3% of total Ventiv revenues for
the six months ended June 30, 2000. This growth primarily resulted from new
contracts and expansions of existing business relationships with Bristol-Myers
Squibb, Forest Labs, Johnson & Johnson and Novartis. The U.S. Sales' revenues
and operating income for the six months ended June 30, 2000 included
approximately $2.2 million of incentive fee settlements relating to 1999 and
$0.4 million relating to 2000. Agreement on the final amount of these
settlements was reached following the review and analysis of related product
sales data for the year ended December 31, 1999 and the six months ended June
30, 2000, respectively.

  The Company's European Sales business generated revenues of $47.3 million, a
decrease of 35.9% from 1999. Revenues generated by the European businesses
represented 23.9% of total revenues for the six-month period ended June 30,
2000. The decline in revenue was a result of a combination of factors
including the integration of the Ventiv businesses from separate companies
into one consolidated entity, the closure of syndicated sales forces
(primarily in the U.K.) and, to a lesser extent, the impact of foreign
exchange rates.

  Ventiv Health Communications' revenues represented 14.7% of total revenues.
Revenues for the group were approximately $29.0 million for the six months
ended June 30, 2000, which represents a decrease of $4.6 million from the
$33.6 million recorded in 1999. This decrease in revenue was primarily the
result of a change in business focus toward live events and away from print
media coupled with a change in client mix.

  Health Products Research generated 6.1% of total revenues, and $12.0 million
and $10.9 million in the six-month periods ended June 30, 2000 and 1999,
respectively. Revenues decreased $1.1 million or 10.1%, from 1999, primarily
as a result of pharmaceutical industry consolidation, partially offset by the
continuation of the Research group's growth as it expands its client base.

  Costs of Services: Costs of services increased by approximately $23.2
million, or 16.8%, to $161.4 million for the six-month period ended June 30,
2000 from $138.1 million in the six-month period ending June 30, 1999,

                                      11
<PAGE>

primarily to the increase in revenue for the period. Cost of services
increased as a percentage of revenue to 81.5% from 76.1% in the six-month
periods ending June 30, 2000 and 1999, respectively. Cost of services
increased as a percentage of revenue primarily due to the following: 1) the
effect of revenue reductions in the European contract sales business (this was
only partially offset by corresponding costs of services reductions as the
predominant components of such costs are personnel related); 2) lower margins
at Ventiv Health Communications (resulting from the shift in business focus to
lower margin live events); and 3) to a lesser extent, lower margins at Health
Products Research and as a result of increasing costs of infrastructure
necessary to support the service operations. In addition, the costs of
services for the six months ended were adversely impacted in 2000 by
approximately $2 million of one-time charges, which were recorded as part of
ongoing operations. These charges consisted primarily of costs associated with
a reduction in syndicated sales force capacity in the U.K.-based contract
sales basis and efforts to reduce headcount and other fixed costs in Ventiv
Health Communications. These effects were partially offset by improved margins
from the US Contract Sales business. We believe that actions taken this year
and late in 1999, including the reduction of syndicated sales force capacity
will result in lower costs of services as a percentage of revenue in future
periods.

  Selling General and Administrative Expenses: Selling general and
administrative expenses increased by approximately $4.3 million, or 21.1%, to
$24.8 million from $20.5 million in the six-month periods ended June 30, 2000
and 1999, respectively. Selling, general, and administrative expenses as a
percentage of revenues increased to 12.5% from 11.3%. These increases were due
largely to additional ongoing overhead costs incurred in connection with the
formation of Ventiv's independent management and administrative infrastructure
following the Distribution.

  Non-recurring Costs: Non-recurring costs recorded in the six-month period
ended June 30,1999 included charges of $1.7 million related to the
consolidation and integration of certain of Ventiv's acquired operations
within US Contract Sales, Ventiv Health Communications and the Company's U.K.-
based Sales business.

  Interest Expense: Ventiv recorded $1.1 million of interest expense in the
six months ended June 30, 2000, a notable increase over the $0.1 million
recorded in 1999. Interest expense increased as a direct result of net
borrowings drawn against the Company's revolving line of credit, in support of
operations, investing activities and in connection with the Company's share
repurchase program (see "Liquidity and Capital Resources").

  Investment Income: Ventiv recorded approximately $0.8 million and $0.4
million of investment income in the six months ended June 30, 2000 and 1999,
respectively. Variations in future investment income will result from
differences in average amounts of cash and cash equivalents available for
investment and the prevailing short-term interest rates during these periods.

  Provision for Income Taxes: Ventiv recorded provisions for income taxes
using average effective tax rates of 40.0% and 40.4% for the six-month periods
ended June 30, 2000 and 1999, respectively. Ventiv's current effective tax
rate reflects the full impact of non-deductible goodwill amortization
associated with prior acquisitions and was based on current internal earnings
projections for the year ending December 31, 2000 by tax jurisdiction.

  Net Earnings and Earnings Per Share ("EPS"): Ventiv's net earnings decreased
by $5.8 million to $6.9 million, as compared with $12.6 million, in the six-
month periods ended June 30, 2000 and 1999, respectively. Higher costs of
services, increased SG&A associated with the establishment of an independent
corporate infrastructure and, to a lesser extent, higher interest expense
associated with the utilization of the Company's line of credit all
contributed to the decrease in net earnings, as more fully explained above.
The effects of these factors were partially offset by the lack of non-
recurring costs this fiscal quarter.

  Shares used in computing basic and diluted EPS decreased by approximately
1.0 million and 0.4 million shares, respectively, due to the impact of the
Company's share repurchase program. The impact of share repurchases on shares
used in computing diluted EPS was offset in part by the inclusion of common
stock equivalents relating to employee stock options and restricted stock
awards. These items were not included in pro

                                      12
<PAGE>

forma diluted EPS for the six months ended June 30, 1999, as they were not
issued until the date of the Distribution (see Part I.--Item 1.--Notes to
Condensed Consolidated Financial Statements--Note 3 "Share Repurchase Program"
and Note 4 "Earnings Per Share").

Liquidity and Capital Resources

  At June 30, 2000, Ventiv had $35.4 million of cash and cash equivalents, a
decrease of $2.2 million from December 31, 1999. For the six-month periods
ending June 30, 2000 compared to June 30, 1999, cash used in operations
decreased by $5.8 million and cash used in investing activities increased by
$0.8 million. These uses of cash were offset by cash provided by financing
activities of $7.4 million, partially offset by a slightly higher unfavorable
effect of changes in foreign exchange rates.

  Cash used by operations was $4.9 million in 2000 compared to $10.8 million
in 1999. This reduction in the use of cash was due to lower working capital
levels, primarily lower accounts receivable, partially offset by lower net
income.

  Cash used by investing activities was $4.0 million and $3.1 million through
June 30, 2000 and 1999, respectively. Cash expenditures in 2000 relate to the
investment made in RxCentric and capital expenditures. In 1999, investing
activities included $2.9 million of cash acquired through the purchase of a
subsidiary.

  Cash from financing activities was $7.4 million and $9.5 million for the six
months ended June 30, 2000 and 1999, respectively. During 2000, the Company
has net borrowings under the line of credit of $23.0 million (of which $14.0
million has been classified as non-current) and repaid $1.2 million of the
previously outstanding under a foreign line of credit. In addition, under the
stock repurchase plan, the Company has acquired and retired approximately 1.5
million shares of common stock for approximately $15.5 million (including
applicable fees and brokers' commissions).

  On December 1, 1999, we entered into a $50 million unsecured revolving
credit facility, expiring with a term of four years. Borrowings may be used
for general corporate purposes, acquisitions and the repurchase of up to $37.5
million of Ventiv Health, Inc. common stock. Interest on amounts borrowed
under the credit facility is based on the London Interbank Offered Rate
("LIBOR") or the lending bank's base rate of interest. Availability under this
credit facility is subject to our compliance with various financial ratios,
operating covenants and other customary conditions. At June 30, 2000, the
Company was in compliance with these financial covenants.

  We believe our cash and equivalents, as well as cash provided by operations,
will be sufficient to fund our current operations and planned capital
expenditures over the next 12 months and for the foreseeable future. We plan
to focus on internal growth in the near term as the primary means of our
expansion, although we will consider attractive acquisition opportunities as
they arise. Cash provided from operations may not be sufficient to fund
internal growth initiatives which we may pursue. If we pursue significant
internal growth initiatives or if we acquire additional businesses in
transactions that include any cash payment as part of the purchase price, both
in the short-term and the long-term, we will first use excess cash available
from operations and then pursue additional debt or equity financing as sources
of cash necessary to complete any acquisitions. In addition to borrowing under
our line of credit, we could pursue additional debt or equity transactions to
finance acquisitions, depending on market conditions. We can not assure you
that we will be successful in raising the cash required to complete all
acquisition opportunities which we may wish to pursue in the future.

  We are subject to the impact of foreign currency fluctuations, specifically
that of the British pound, German mark and French franc. To date, changes in
the exchange rates of the British pound, German mark and French franc have not
had a material impact on our liquidity or results of operations. We
continually evaluate our exposure to exchange rate risk but do not currently
hedge such risk. We do not expect the introduction of the Euro to have a
material impact on our operations or cash flows in the near term. We will
continue to evaluate the impact of the introduction of the Euro as we continue
to expand our services in Europe.

                                      13
<PAGE>

ITEM 3. Quantitative and Qualitative Disclosures About Market Risk

  The Company is exposed to market risk from changes in market interest rates
and foreign currency exchange rates. We are subject to interest rate risk on
our debt for changes in the LIBOR rates, and we are also subject to foreign
currency exchange rate risk with respect to our international operations. We
do not currently engage in hedging or other market risk management tools.

 Long-term Debt Exposure

  As of June 30, 2000, the Company has drawn $23 million against its $50
million unsecured revolving credit facility. Based upon the amount
outstanding, if the LIBOR rate were to increase by 1%, Ventiv would incur an
additional $0.2 million of interest expense on an annual basis.

 Foreign Currency Exchange Rate Exposure

  Fluctuations in foreign currency exchange rates affect the reported amounts
of our assets, liabilities and operations. For purposes of quantifying the
risk associated with fluctuations in the foreign exchange rate, we assumed a
hypothetical 10% detrimental change in the exchange rates on our assets,
liabilities and revenue denominated in foreign currencies. A 10% fluctuation
was assumed for all exchange rates at June 30, 2000. The Company's material
exposures to foreign exchange rate fluctuations relate to the French Franc,
the British Pound, and the German Mark. Approximately 46%, 27% and 27% of the
Company's foreign-sourced revenues for the six-month period ended June 30,
2000 were generated by operating units based in France, the United Kingdom and
Germany, respectively. The table below presents the hypothetical impact of an
assumed 10% unfavorable change in all exchange rates to which we are exposed
on total assets, liabilities and revenues.

<TABLE>
<CAPTION>
                                                        Balance  10% Decrease in
                                                           at    Value of Local
                                                        June 30,  Currencies to
                                                          2000      US Dollar
                                                        -------- ---------------
     <S>                                                <C>      <C>
     Total Assets...................................... $243,555    $237,268
     Total Liabilities.................................  106,631      99,046
     Revenues..........................................  197,901     193,068
</TABLE>


                                      14
<PAGE>

PART II. OTHER INFORMATION

ITEM 1. Legal Proceedings

  The Company is subject to various proceedings arising in the normal course
of business, none of which individually or in the aggregate, is expected to
have a material adverse effect on the Company's financial condition results of
operations or liquidity.

ITEM 4. Submission of Matters to a Vote of Security Holders

  On May 31, 2000, Ventiv Health Inc. held an Annual Meeting of Stockholders
to vote on the following proposals:

(i) To elect eight (8) directors to the Board of Directors for a term of one
    year, expiring at the 2001 Annual Meeting;

(ii) To approve the stock incentive plan; and

(iii) To ratify the appointment of Arthur Andersen LLP as the Company's
      independent auditors for 2000.

  With respect to the aforementioned matters, votes were tabulated and the
stockholders of the Company approved the proposals as follows:

<TABLE>
<CAPTION>
                                                      For      Against  Withheld
                                                   ---------- --------- --------
<S>                                                <C>        <C>       <C>
Proposal (i)
 Daniel M. Snyder................................. 18,687,692        -- 612,212
 Michele D. Snyder................................ 18,687,692        -- 612,212
 Eran Broshy...................................... 18,687,754        -- 612,150
 Mortimer B. Zuckerman............................ 18,687,754        -- 612,150
 Fred Drasner..................................... 18,687,721        -- 612,183
 A. Clayton Perfall............................... 18,687,754        -- 612,150
 Donald Conklin................................... 18,687,754        -- 612,150
 John R. Harris................................... 18,687,721        -- 612,183
Proposal (ii)                                       9,390,204 7,151,476  22,334
Proposal (iii)                                     19,288,862     6,003   5,039
</TABLE>

ITEM 5. Other Information

  Not applicable.

ITEM 6. Exhibits and Reports on Form 8-K

(a)Exhibits

<TABLE>
<S>        <C>
     27.1  Financial Data Schedule
</TABLE>

(b)Reports on Form 8-K

None

                                      15
<PAGE>

                                   SIGNATURES

  Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.

                                   VENTIV HEALTH, INC.

                                         /s/ Gregory S. Patrick
Date: August 4, 2000                By:______________________________
                                            Gregory S. Patrick
                                         Chief Financial Officer
                                      (Principal Financial Officer)

                                           /s/ Joseph S. Durko
                                    By:______________________________
                                             Joseph S. Durko
                                      Vice President and Controller
                                      (Principal Accounting Officer)

                                       16