Medivolve Inc MEDVF

News from this morning - re-cap

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Medivolve Signs Agreement to Acquire Industry-Leading Electronic Health Platform as Next Step in Transforming Human Health Management Across the United States

New platform supports Medivolve’s position as a growing health
technology and services company

 

Toronto, Ontario May 6, 2021 — Medivolve Inc. (“Medivolve”) (NEO:MEDV; OTC:COPRF; FRA:4NC) a healthcare company that seeks out disruptive technologies, ground-breaking innovations and exclusive partnerships to transform human health management, today announced that it has signed an agreement to acquire a 100% interest in the Electronic Health Record application and all associated intellectual property and technology (the “App”) from Myosin. 

Read more on the Medivolve website >>
 
The electronic health record platform is designed to improve patient care and increase collaboration with clinicians through an efficient, cloud-based system. The app streamlines patient intake forms and delivers medical reports through personalized patient portals. Clinical staff members are empowered with a platform to consolidate provider and staff responsibilities to organize patient information before, during, and after interactions. The cloud-based infrastructure eliminates the need for software downloads and specialized hardware, making it easily deployable. Clinical workflows are streamlined in the company’s system to minimize the time required to submit orders, share results, and access reports.

“The integration of this incredible platform is a major step forward in Medivolve’s evolution from a COVID-19 testing company to a health technology and services company that aims to disrupt the American healthcare system for the long-term,” said David Preiner, CEO, Medivolve. “We intend on utilizing this platform to streamline our current testing services, offering an improved customer experience while reducing our operating costs. The implications of this platform extend far beyond COVID-19, and we will work to learn from, and expand on its benefits to provide personalized and effective health services to patients across a variety of use-cases.”  
 
About the Transaction
Medivolve will acquire a 100% interest in the App from Myosin for consideration of twenty (20) million common shares of Medivolve. The completion of the transaction to acquire the App is subject to customary closing conditions, including due diligence to the satisfaction of Medivolve and the entering into of definitive agreements. No finder fees are payable in connection with, and no change of control of Medivolve will result from, the transaction. 

 
About Medivolve Inc.
Medivolve Inc. (NEO:MEDV; OTC:COPRF; FRA:4NC) focuses on commercializing technologies to help combat the COVID-19 pandemic. This includes providing convenient and accessible medical services for testing, prevention and treatment. Medivolve is comprised of a team of renowned global medical and business advisors who are committed to helping fulfill Medivolve’s mission of searching for and investing in breakthrough sciences, technologies, research or resolutions to empower the betterment of mankind. This panel includes prominent Stanford neurologist and immunologist Dr. Lawrence Steinman as well as Dr. Glenn Copeland, one of North America’s most prominent orthopedic treatment and sports medicine specialists. Through its braintrust of industry specialists, thought leaders, influencers, and opinion makers, Medivolve has also developed a proprietary strategy to capitalize on high-margin opportunities across three areas: the prevention, detection, and treatment of COVID-19.
 
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