News and Announcements
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
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