DIGITAL medicines adherence company MedAdvisor has successfully completed an $8 million Capital Raising.
The company announced through the ASX that the placement was "significantly oversubscribed" with strong support from both existing and new shareholders including strong participation from leading Australian institutions and pharmacies.
MedAdvisor said the new resources will be used to fund the acquisition of Healthnotes which will strengthen the company's market position and fuel additional growth initiatives and scale.
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