MedAdvisor (ASX:MDR) signs 2-year agreement with Sigma Healthcare (ASX:SIG)

Company News

by Rachael Jones

MedAdvisor (ASX:MDR), Australia’s leading digital medication management company, has signed a new 2-year agreement with pharmacy retail group, Sigma Healthcare (ASX:SIG).

Sigma has a network of over 600 retail pharmacy franchise partners including Amcal, DDS, Guardian, PharmaSave, WholeLife and Chemist King pharmacy brands.

The total revenue contribution from the Sigma network of brands under this agreement will increase and is expected to exceed $1 million per year.

Shares in MedAdvisor (ASX:MDR) are trading 8.2 per cent higher to 5 cents.

 

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.