Mednow Inc. Acquires Mednow Pharmacy Inc. (Mednow East)

Mednow Inc. Acquires Mednow Pharmacy Inc. (Mednow West)

October 26, 2021

Healthcare Services

Mednow Inc. completed the acquisition of all issued and outstanding shares of Mednow Pharmacy Inc. ("Mednow West"), consolidating the British Columbia online pharmacy into its national virtual-pharmacy platform. The purchase involved an aggregate cash payment of approximately $74,000 and conversion of about $908,000 owed by Mednow West into a convertible promissory note; the move supports Mednow's geographic expansion across Canada.

Mednow Inc. Acquires London Pharmacare Inc. and Liver Care Canada Inc.

February 23, 2022

Healthcare Services

Mednow Inc. completed the acquisitions of London Pharmacare Inc. and Liver Care Canada Inc., expanding its specialty pharmacy and clinical services footprint. The transactions (related-party in part) are expected to increase Mednow's patient base, add specialty physician relationships and integrate the targets into Mednow's technology and fulfillment operations.

Mednow Inc. Acquires Infusicare Canada Inc.

December 13, 2021

Healthcare Services

Mednow Inc. (TSXV:MNOW) has completed the acquisition of Infusicare Canada Inc. for C$1.85 million in cash. The specialty pharmacy, which generated C$9.3 million in revenue in its last fiscal year, will be integrated into Mednow’s digital pharmacy platform to expand its specialty and biologic drug offerings.

Mednow Acquires Medvisit (Doctors Housecall Service)

August 6, 2021

Healthcare Services

Mednow Inc. acquired 2716725 Ontario Inc. doing business as Medvisit for $1.32 million in cash at closing plus an earn-out of up to $680,000 tied to profitability. Medvisit, Canada’s largest doctor house-call service with a network of over 100 doctors, ~30,000 patient home visits per year and a ~400,000 patient database, will be integrated with Mednow’s virtual pharmacy and telehealth services to expand in‑home care capabilities in Ontario (GTA).

Mednow Invests in Life Support Mental Health Inc. and Signs LOI to Acquire Ontario Medical Operation

July 12, 2021

Healthcare Services

Mednow Inc. invested $500,000 for a 9% equity stake in Life Support Mental Health Inc. (LSMH), with the option to increase its ownership to ~18% through additional milestone-based tranches. The company also signed a non-binding letter of intent to acquire an unnamed medical operation based in Ontario to expand complementary services on its virtual pharmacy and telemedicine platform.

Xpress Wellness Urgent Care Acquires MedNOW Urgent Care

January 11, 2021

Healthcare Services

Xpress Wellness Urgent Care, a Latticework Capital-backed platform, has acquired MedNOW Urgent Care, an operator of four urgent care clinics in northeast Oklahoma. The deal brings MedNOW founders Drs. David Miller and Tony Hill into Xpress leadership and expands Xpress’s rural urgent care and employer health program footprint.