Merger and acquisition

InstantScripts mobile app Photo courtesy of InstantScripts
By  Adam Ang 11:41 pm June 13, 2023
Australian Pharmaceutical Industries, a wholly-owned subsidiary of ASX-listed conglomerate Wesfarmers, is buying local telehealth business InstantScripts for A$135 million ($91 million).  Founded in 2018, the online health clinic offers a range of digital services, including telehealth consultations, online prescriptions, medical certificates, blood test requests, health management plans and...
GP2U and Doctor Care Anywhere logos
By  Adam Ang 03:04 am June 6, 2023
Over two years since it was first acquired, GP2U Telehealth is being sold off again. Its parent company, UK-based Doctor Care Anywhere Group, signed a share purchase agreement to sell its Australian subsidiary to My Emergency Doctor for A$3 million ($2 million). The deal, which is still subject to shareholder approval, is expected to be completed by end June. WHY IT MATTERS In a media release,...
By  Laura Lovett 10:12 am April 4, 2019
This morning, maternal health focused femtech company Advantia Health announced that it has acquired Pacify, a live video chat platform for new and soon-to-be moms.  As part of the deal Advantia Health, which provides in-person care with a companion care coordination platform, will now be able to offer its members video chats. Advantia Health estimates that the services will be available to...