ASX ANNOUNCEMENT22 March 2019
MedAdvisor partners with Adheris Health, the leading US provider of dynamic patientadherence and engagement solutions, to accelerate rollout in US market
• MedAdvisor has signed an initial 12-month Digital Partnership Agreement withAdheris Health, the leading provider of dynamic patient adherence andengagement solutions to US biopharmaceutical customers;
• Adheris Health provides dynamic patient performance programs through thelargest comprehensive US network for patient and prescriber access reaching~197m US patients per year across a network of 26,000+ pharmacies, andthrough relationships with the top 100 US retail-dispensed brandedpharmaceutical manufacturers, including the US arms of many ofMedAdvisor’s existing Australian clients;
• Under the agreement, Adheris Health will promote and jointly sell MedAdvisorpowered digital adherence programs in the US to its existing pharmaceuticalclients as an extension of its suite of patient performance solutions;
• MedAdvisor’s US market entry to lead with launch of MedAdvisor’s healthservices marketplace. Strong demand has been identified for sophisticateddigital adherence programs enabled by MedAdvisor’s global technologyplatform; Revenue from the combined proposition will be derived on a perpatient, per communication basis and is expected to begin in CY2019.
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