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Medivolve Inc MEDVF

Medivolve Inc. is a Canadian healthcare technology company. The Company and its subsidiaries, Medivolve Pharmacy Inc. (doing business as Marbella Pharmacy) and Kedy Ying Jao D.O., a Medical Corporation, operate a distributed network of two retail patient-care locations in California, United States. It has two business units: Medivolve Pharmacy Division (MPD) and Medivolve Clinic Services Division (MCSD). MPD provides retail pharmacy and mail-order pharmacy services related to COVID-19, antibiotics, dermatology, family medicine, immunology, neurology, pain management, pediatrics, preventive medicine and psychiatry to patients in Southern California. MCSD provides licensed healthcare through a clinic in Brea, California, United States. MCSD is focused on developing a telehealth platform, which connects patients with physicians, and facilitates and manages the provision of virtual consultation, diagnosis, and treatment services in partnership with qualified health practitioners.


OTCPK:MEDVF - Post by User

Post by Sarb99on Dec 21, 2020 3:17pm
147 Views
Post# 32154429

7-day rolling average 82 tests per day per site $85 per test

7-day rolling average 82 tests per day per site $85 per test

Recent Performance Highlights Include:

  • 31 sites now operational, showing strong test sales with 7-day rolling average of 82 tests per day per site and average test price of $85 per test;
  • On a 30-day run-rate basis, the 31 sites are generating US$6 million based on a 7-day rolling average;
  • Average sales expected to increase as new sites become listed on google and awareness grows;
  • On track to have Phase 1 sites (25 sites additional to original 20 launched in November) operational before Christmas;
  • Phase 2 planning continues with another 50-70 collection sites to be placed by year end, with some expected to be operational before year-end. Phase 2 sites will over double Collection Sites current network and potential sales revenue once fully operational.
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