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MONTREAL, Oct. 27, 2021 (GLOBE NEWSWIRE) — Medzy, Quebec’s first digital pharmacy expertise platform, has concluded a $2.3 million financing spherical together with its earlier buyers, in addition to TGIC2, a personal funding group, and Investissement Québec inside the latter’s Impulsion PME program. The corporate intends to make use of the funds to speed up its progress within the Canadian market.
“Medzy has demonstrated actual demand for on-line pharmacy providers,” mentioned Sonia Boutin, a pharmacist and co-founder of Medzy. “Greater than 10,000 folks took benefit of this new means of interacting with their pharmacist through the firm’s first 18 months. The effectiveness of our enterprise mannequin is actual. With the assistance of our new companions we intend to develop.”
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MODERNIZING THE PHARMACY BUSINESS MODEL
With the normal pharmacy mannequin, prospects are accountable for managing refills, for remembering to take remedy, and for following up with their medical doctors for brand spanking new prescriptions. Nevertheless, a 2019 report famous that just about 70% of sufferers don’t take their medicines as directed by the physician. This will have well being implications.
Medzy is altering the sport by guaranteeing diligent therapeutic follow-up, primarily based on an efficient system of reminders and alerts, clear and personalised remedy dosing, and steady and utterly confidential interactions between sufferers and their pharmacists. Pharmacists develop into proactive actors within the therapeutic course of and sufferers see their lives drastically simplified, whereas benefitting from entry to sustained experience.
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“Pharmacists need to work together extra with sufferers,” says Boutin. “However they spend a big portion of their day doing administrative work. By automating pharmacy operations and facilitating interactions with prospects, Medzy saves professionals valuable time that allows them to deal with what’s most essential: the well being of sufferers.”
Medzy has many initiatives in thoughts. These embody the creation of an data “gateway” that allows stakeholders in affected person well being, akin to medical doctors and pharmacists, to make sure, collectively, higher therapeutic follow-up.
QUOTES FROM THE PARTNERS
“The automated Medzy platform allows pharmacists to release their time to allow them to work together extra with sufferers. That is precisely the type of initiative that the federal government’s Impulsion PME program was designed to incentivize. We should assist our firms to develop into extra modern and extra environment friendly. That is what is going to propel Quebec into the brand new economic system.”
– Lucie Lecours, Minister for the Economic system
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“The life sciences discipline is booming. We’re proud to help Medzy’s plan to foster digital transformation within the pharmaceutical business. The Impulsion PME program, allows Investissement Québec on behalf of the federal government to help younger modern firms with distinctive improvement potential in all areas of Quebec.”
– Man LeBlanc, President and CEO of Investissement Québec
“We now have concentrated our newest investments in well being applied sciences, a promising sector by which we see very excessive progress potential. Medzy is proof you can each create a expertise that makes a distinction and check it efficiently out there. “
– Michel Noël, CA, CPA, member of Société en Commandite TGIC2
ABOUT IMPULSION PME
The Impulsion PME program, leverages its $50 million price range managed by Investissement Québec for the Authorities of Quebec, to assist younger modern firms with excessive progress potential to achieve entry to funding capital on the seed stage.
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ABOUT MEDZY
Medzy is Quebec’s principal telepharmacy platform and one of many largest in Canada. Based in 2019, its extremely safe expertise allows affiliated pharmacists to supply personalised, environment friendly and accessible well being care always. Medzy’s answer – of which it’s the 100% proprietor – modernizes and redefines the normal pharmacy expertise.
Medzy is a feminine led firm, with a predominantly feminine board of administrators. These embody well-known figures such Sophie Boulanger (BonLook) and Marie-Eve Prevost (MissFresh, Dovetail).
For extra data and to obtain the app, go to www.medzy.ca .
SOURCE :
Medzy | medzy.ca
MEDIA CONTACT :
Philippe Béliveau | philippe@fernandezcom.ca
418-559-0580
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