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MEDNOW INC A - MDNWF STOCK NEWS

Welcome to our dedicated page for MEDNOW A news (Ticker: MDNWF), a resource for investors and traders seeking the latest updates and insights on MEDNOW A stock.

Mednow Inc. is a leading healthcare technology company that offers convenient online pharmacy services to customers across Canada. With a focus on accessibility and convenience, Mednow Inc. provides a wide range of prescription and over-the-counter medications, as well as health and wellness products, delivered right to customers' doorsteps. The company has seen significant growth in recent years, expanding its reach and services to meet the evolving needs of the healthcare industry. Through strategic partnerships and a commitment to innovation, Mednow Inc. continues to revolutionize the way Canadians access their medications and healthcare solutions.

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Mednow Inc. (OTCQX: MDNWF) has introduced new features in its virtual pharmacy applications, including the ability for Ontario pharmacists to assess and prescribe for 13 minor ailments as of January 1, 2023. This initiative, available through Mednow.ca and the Mednow Pharmacy App, allows patients with a valid Ontario health card to receive prescriptions at no cost, funded by the government. Additionally, the platform now offers single sign-on (SSO) capabilities for enterprise clients, enhancing user experience and enabling seamless integration of services. Medication reconciliations are also available through the Mednow platform, which aims to improve patient care and reduce healthcare costs.

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Mednow Inc. (TSXV: MNOW, OTCQX: MDNWF) has engaged Gravitas Securities Inc. to assist in offering up to 2,325,581 Units at a Unit Price of $0.43, aiming for gross proceeds of up to $1,000,000. Each Unit includes one Class A common share and one warrant, allowing purchase of a common share at $0.65 for five years. The Company will pay the Agent an 8% cash fee on proceeds and issue Broker Warrants equal to 8% of Units sold. Proceeds will primarily support working capital and corporate purposes, pending TSXV approval. This announcement comes amidst forward-looking statements regarding potential risks related to the Offering, such as regulatory approval delays and market conditions.

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Mednow, a leader in virtual pharmacy services, has partnered with Prudent Benefits Administration Services, Inc. (PBAS), a major Canadian third-party administrator, to enhance healthcare access for PBAS clients and members. This partnership will allow over 200,000 Canadians to utilize Mednow's full range of digital healthcare solutions, including online prescriptions and medication delivery services. The initial focus will be on PBAS's student clientele, serving around 30,000 students across Canada, who are identified as ideal users of virtual pharmacy services due to their tech-savviness. The partnership is set to commence in May 2023.

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Mednow Inc. (TSXV: MNOW, OTCQX: MDNWF) is set to host its quarterly conference call on March 31, 2023, at 8:30 am EST, discussing its second-quarter 2023 financial results.

Topics will include updates on Mednow's expansion, strategic partnerships, milestones, M&A activities, and financial results. Interested participants can join via the toll-free number 1-800-319-4610 or international toll 1-604-638-5340.

Mednow is recognized for its virtual pharmacy and telemedicine services, aimed at enhancing accessibility and quality in healthcare, including features like free at-home medication delivery and specialized daily dose prescriptions.

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FAQ

What is the market cap of MEDNOW A (MDNWF)?

The market cap of MEDNOW A (MDNWF) is approximately 25.0.

What services does Mednow Inc. offer?

Mednow Inc. offers online pharmacy services, providing customers with access to prescription and over-the-counter medications, as well as health and wellness products.

Where does Mednow Inc. operate?

Mednow Inc. operates in Canada, serving customers nationwide with its convenient online pharmacy platform.

How does Mednow Inc. differentiate itself in the healthcare industry?

Mednow Inc. differentiates itself through its focus on accessibility, convenience, and innovation, providing customers with a seamless online pharmacy experience.

What sets Mednow Inc. apart from traditional pharmacies?

Mednow Inc. sets itself apart by offering customers the convenience of ordering medications and healthcare products online and having them delivered to their doorstep.

How does Mednow Inc. ensure the quality of its products?

Mednow Inc. works with licensed pharmacists and reputable suppliers to ensure the quality and authenticity of all products offered on its platform.

Does Mednow Inc. offer prescription medications?

Yes, Mednow Inc. offers a wide range of prescription medications that can be conveniently ordered online with a valid prescription.

Can customers consult with healthcare professionals through Mednow Inc.?

Yes, customers can consult with healthcare professionals through Mednow Inc.'s online platform to receive guidance on their medications and health concerns.

How does Mednow Inc. prioritize customer privacy and security?

Mednow Inc. prioritizes customer privacy and security by ensuring all personal and health information is handled with the utmost confidentiality and complies with relevant privacy regulations.

What are some of Mednow Inc.'s recent achievements?

Mednow Inc. has achieved significant growth in its customer base, expanded its product offerings, and formed strategic partnerships to enhance its services in the healthcare industry.

How can customers stay updated with the latest news from Mednow Inc.?

Customers can stay updated with the latest news and developments from Mednow Inc. by visiting the company's website or following its social media channels for updates.

MEDNOW INC A

OTC:MDNWF

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MDNWF Stock Data

25
15.58M
39.75%
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