DIGITAL medicines adherence company MedAdvisor has successfully completed its planned acquisition (PD 20 Oct 16) of Health Enterprises 2 P/L trading as Healthnotes.
The acquisition was a $5.5m deal paid as 60% cash and 40% scrip.
The purchase adds 800 pharmacies, more than 270,000 patients and almost 4,000 GPs, giving the company around 45% of the Australian pharmacy market with over half a million connected patients.
MedAdvisor ceo Robert Read said his focus would be on integration of the two business to bring the best of both world to pharmacies.
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