News and Announcements
MedAdvisor Quarterly Report June 2016: Strong Operational Performance, Cash Receipts Totals $292k, Pharmacy Network and Number of Patients Increases
- Published August 02, 2016 3:12PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
29th July 2016, ASX Announcement
Highlights
- Strong operational performance with an increase across all key revenue drivers
– Over 180,000 patients using the platform as at 30 June 2016, a 132% increase on the prior corresponding period
– Expansion of pharmacy network by 33% on the prior corresponding period to over 1,600 pharmacies, encompassing over 30% of all Australian community pharmacies
– Key partnerships with pharmaceutical manufacturers for Patient Engagement Programs (PEP) - Cash receipts for the quarter totalled $292k, an increase of 7% on the previous March 2016 quarter
- Tap-To-Refill script ordering function continues to perform, becoming a key drover of patient engagement, with 40% of the user base currently utilising the function
- MedAdvisor continues to expand its pharmacy network and increase the number of patients on the platform , driving transactional and subscription revenue
MedAdvisor Limited (ASX: MDR, the Company), Australia’s leading digital medication management company, has today released its Appendix 4C Report for the three-month period to 30 June 2016 and is pleased to provide a review of the progress during the period.
To view the full announcement, please click on the button below.
Company Updates
BlackRock has named the next Economy. What this latest paper means for Private Market Investors.
BlackRock has put a name on something the smart money has been circling for two years. Its digital assets research team calls it the machine-native economy. The thesis fits in one line. AI is machine-native intelligence. Digital assets are machine-native money. Both are built on the same architecture, and they are converging into a single […]
Where’s the beef? Blackstone just answered the AI question.
In 1984, a fast food ad asked a question that became a catchphrase. Where’s the beef? Jon Gray, President of Blackstone, used that line this month in front of global LPs. It is the question every capital allocator is asking about AI. Trillions of dollars are going into chips, data centres and power. That is […]
The Best of Both Worlds: How Omnique Fund is Rewiring Real World Assets via Tokenisation
For decades, the playbook for Australia’s wholesale investors has remained relatively unchanged: pick between the slow-moving, illiquid reliability of tangible assets like property and gold, or chase the frictionless, high-velocity liquidity of public equity and digital markets. But as macroeconomic volatility spikes and a structural housing deficit reshapes private debt demand, sophisticated investors are demanding […]
Backed By Leading Investment Groups and Family Offices
