Australian digital health business Vitura Health Limited announced the acquisition of Candor Medical.
Vitura's purchase of Candor Medical for $5.9 million - including a $4 million initial cash component – will add to its well-established medicinal cannabis clinic services and add extra depth and more personalized experiences for patients.
Commenting on the acquisition of Candor Medical, Vitura's CEO, Geoff Cockerill, said he was pleased to have joined forces with Dr Lisa Beckett, a recognized leader in the Australian medicinal cannabis clinic industry, and to have the backing of one of Australia's most successful and prominent business leaders.
"We're very excited by the opportunities unlocked by this acquisition and we see this as a great opportunity to bring together two leaders in the field, both of whom have a deep alignment on the commitment to providing patients with personalized care. It also reinforces our goal to make specialty healthcare product and services more accessible to millions of patients across Australia," Mr Cockerill said.
For more information:
Vitura Health
vitura.com.au/