Afya Limited Announces Medical School Authorization – Santa Inês - MA.

Rhea-AI Summary

Afya Limited (Nasdaq: AFYA) has received authorization from Brazil's Secretary of Regulation and Supervision of Higher Education to operate an undergraduate medicine course in Santa Inês, Maranhão, as part of the Mais Médicos II program. This marks the first medical school associated with the Mais Médicos initiative for Afya and will contribute an additional 50 seats to its operational capacity. Afya is recognized as a leading medical education group in Brazil, focusing on establishing a physician-centric educational ecosystem.

Positive

• Authorization granted for undergraduate medicine course in Santa Inês.
• First medical school linked to the Mais Médicos program for Afya.
• Addition of 50 new seats enhances operational capacity.

Negative

• None.

NOVA LIMA, Brazil and MINAS GERAIS, Brazil, Oct. 02, 2020 (GLOBE NEWSWIRE) -- Afya Limited, or Afya (Nasdaq: AFYA) today announced that the Secretary of Regulation and Supervision of Higher Education of the Ministry of Education (“MEC”) granted the authorization to operate the undergraduate medicine course in Santa Inês in the State of Maranhão, under Mais Médicos II program.

This medical school is the first authorized in connection with the Mais Médicos program for Afya and will contribute 50 seats to our operating seats base.

About Afya

Afya is a leading medical education group in Brazil based on number of medical school seats, delivering an end-to-end physician-centric ecosystem that serves and empowers students to be lifelong medical learners from the moment they join us as medical students through their medical residency preparation, graduation program, and continuing medical education activities.

Contact: Investor Relations: ir@afya.com.br

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ffdf78e9-ca23-4fc4-81de-25a3ed9abe2f

FAQ

What is the significance of Afya's new medical school authorization in Maranhão?

The authorization allows Afya to operate its first medical school under the Mais Médicos II program, increasing its capacity by 50 students.

How does the new medical school affect Afya's operations?

It contributes an additional 50 seats to Afya's operating capacity, expanding its medical education offerings.

What is the Mais Médicos II program?

Mais Médicos II is a Brazilian government initiative aimed at enhancing the availability of medical education and healthcare in underserved areas.

What is Afya's stock symbol?

Afya is listed on Nasdaq under the ticker symbol AFYA.