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WELL Health Technologies Corp. has completed its acquisition of a majority interest in WISP, a telehealth provider specializing in women's health, for approximately US$41.3 million. The deal was financed with US$27.7 million in cash, US$6.2 million in WELL shares, and a potential US$7.4 million earn-out based on performance. WISP's annual revenue run-rate is about US$30 million, reflecting over 100% organic growth. This acquisition positions WELL to enhance its digital health offerings amidst a growing market for e-pharmacy and virtual care services.
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