Mednow Inc. Acquires Infusicare Canada Inc.

Dynamic Infusion Acquires Infusicare (IV Solutions Group) in New Jersey

July 23, 2024

Healthcare Services

Dynamic Infusion, a home infusion nursing services platform backed by RiverGlade Capital, has acquired IV Solutions Group, LLC d/b/a Infusicare, a New Jersey-based provider of home infusion nursing services founded by James Reardon. The acquisition expands Dynamic's footprint into central and northern New Jersey and brings Infusicare's nurses and clients into Dynamic's nationwide home-infusion network; Reardon will continue working with Dynamic in the region.

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

April 1, 2022

Healthcare Services

Mednow Inc. (TSXV:MNOW) has completed the previously announced acquisition of all issued and outstanding voting shares of Mednow Pharmacy Inc. ("Mednow East") for approximately C$65,578 in cash and by converting approximately C$1,374,422 of intercompany debt into a non‑interest bearing convertible promissory note. Mednow East will be consolidated into Mednow's operations, the existing pharmacy agreement between the entities will be terminated, and the acquisition supports Mednow’s plan to expand its national presence and digital-first pharmacy services 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 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 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).

BioMatrix Specialty Pharmacy Acquires InfuCare LTD (Tyler, TX)

July 6, 2021

Healthcare Services

BioMatrix Specialty Pharmacy, based in Plantation, Florida, has acquired InfuCare LTD, a home infusion specialty pharmacy in Tyler, Texas. The transaction adds a Texas brick-and-mortar location to BioMatrix's national footprint and expands its infusion capabilities, payer contracts, and access to covered lives for therapies such as IVIG, anti-infectives, and parenteral nutrition.