MedAdvisor to buy Pharmacy Guild’s eHealth subsidiary GuildLink
ASX-listed medications adherence technology vendor MedAdvisor is set to buy GuildLink, the Pharmacy Guild of Australia’s eHealth arm, setting up a powerful combined player in the community pharmacy digital health sector.
MedAdvisor hopes to raise $A14.6 million to fund the purchase along with funds to accelerate growth in Australia and the major market of the US, and to provide general working capital. The guild will become the major shareholder in MedAdvisor and the current guild president, Anthony Tassone, will be appointed to the board.
Posted in Allied Health