MDR 0.00% 40.0¢ medadvisor limited

Ann: Quarterly Activities Report and Appendix 4C - June 16-MDR.AX, page-9

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  1. 104 Posts.
    MDR are not getting a cut from the tap to refill function. Do you mean 40% of app users are utilising this function? Pharmacies pay a flat $100/month. Keep in mind though that they are offering a $1 rebate for every patient signed up at the moment. This means that pharmacies which are signing up a lot of patients would be paying very little or even nothing.

    https://www.medadvisor.com.au/Pharmacist/Pricing#

    I think at this stage of the company's life it is too early to focus on revenue. I've always believed that eventually MDR won't generate most of its revenue from pharmacy subscriptions. There will be revenue from referrals for Home Medication Reviews and home/office deliveries. GP link is only in its beta testing phase. Relationships with pharmaceutical companies (which imo is where the real money is) is also in its infancy. Give it time.
 
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