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MedAdvisor Sees Strong Growth in Key Business Drivers

  • Published June 29, 2016 9:39PM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

29th June 2016, ASX Announcement

Highlights

  • Strong progress across key revenue drivers for the business:
    -Rapid acceleration in patient user growth, with approximately 18,000 patients now using  the platform, a monthly growth rate of ~10% (vs. 6% in March Qtr.)
    – Substantial pharmacy network expansion,  with over 1,600 pharmacies now in the network, encompassing over 30% of all Australia’s community pharmacies
    – The Company continues to grow its manufacturer client base for Patient Engagement Programs
  • Patients now ordering over $1 million worth of scripts refills each week through MedAdvisor pharmacies on our Tap-To-Refill script ordering function
  • Increasing validation of the Company’s value proposition to patients, their pharmacies and the broader health system

To view the full announcement, please click on the button below.

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