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MedAvail Technologies

medavail.com

Founded Year

2012

Stage

PIPE | IPO

Total Raised

$42.66M

About MedAvail Technologies

MedAvail Technologies (NASDAQ: MDVL) is a healthcare technology company that commercializes a self-service kiosk solution, the MedAvail MedCenter, supporting the dispensing of prescription drugs and Over-The-Counter medications. The MedAvail Medcenter can be deployed in remote sites such as employer locations, clinics, hospitals and retail locations.

Headquarters Location

6665 Millcreek Drive Unit 1

Mississauga, Ontario, L5N 5M4,

Canada

877-830-0826

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Expert Collections containing MedAvail Technologies

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

MedAvail Technologies is included in 8 Expert Collections, including Store tech (In-store retail tech).

S

Store tech (In-store retail tech)

1,544 items

Startups aiming to work with retailers to improve brick-and-mortar retail store operations.

P

Pharma Supply Chain

1,258 items

N

New Retail Formats

367 items

Tech-enabled, physical retail selling formats that reach beyond the walls of a traditional store.

M

Medical Devices

8,633 items

Companies developing medical devices (per the IMDRF's definition of "medical device"). Includes software, lab-developed tests (LDTs), and combination products. *Columns updated as regularly as possible.

D

Digital Health

10,341 items

The digital health collection includes vendors developing software, platforms, sensor & robotic hardware, health data infrastructure, and tech-enabled services in healthcare. The list excludes pureplay pharma/biopharma, sequencing instruments, gene editing, and assistive tech.

T

Telehealth

2,856 items

Companies developing, offering, or using electronic and telecommunication technologies to facilitate the delivery of health & wellness services from a distance. *Columns updated as regularly as possible; priority given to companies with the most and/or most recent funding.

MedAvail Technologies Patents

MedAvail Technologies has filed 7 patents.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

5/12/2014

8/1/2017

Videotelephony, Teleconferencing, Pharmaceutical industry, Amines, Brand name confectionery

Grant

Application Date

5/12/2014

Grant Date

8/1/2017

Title

Related Topics

Videotelephony, Teleconferencing, Pharmaceutical industry, Amines, Brand name confectionery

Status

Grant

Latest MedAvail Technologies News

MedAvail : Investor Presentation

May 25, 2023

Medavail : Investor Presentation Message : NASDAQ: MDVL Forward Looking Statement MedAvail Holdings, Inc. ("MedAvail") cautions you that the statements in this presentation that are not a description of historical fact are forward-looking statements which may be identified by use of the words such as "anticipate," "believe," "expand," "expect," "grow," "intend," "opportunity," "plan," "potential," "project", "target" and "will" among others. These forward-looking statements are based on MedAvail's current expectations and involve assumptions that may never materialize or may prove to be incorrect. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of the ability to project future cash utilization and resources need for contingent future liabilities and business operations, the availability of sufficient resources for combined company operations and to conduct or continue planned product development activities, the ability to execute on commercial objectives, regulatory developments and the timing and ability of MedAvail to raise additional capital to fund operations, and other factors, including, but not limited to, those factors discussed in the section entitled "Risk Factors" of our most recent Annual Report on Form 10-K and on our Quarterly Reports Form 10-Q. Although we believe the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, level of activity, performance or achievements. We undertake no obligation to update any of these forward-looking statements for any reason, even if new information becomes available in the future, except as may be required by law. The extent to which the impact of general market and macroeconomic conditions, including the effect of inflationary pressure, including any impact of adverse developments affecting the financial services industry, such as those based on liquidity constraints or concerns and events including the outbreak of war in Ukraine, has on MedAvail's businesses, operations, and financial results, including the duration and magnitude of such effects, will depend on numerous factors, which are unpredictable and how quickly and to what extent normal economic and operating conditions are affected or impacted. You are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date on which they were made. MedAvail undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made, except as may be required by law. 2

May 16, 2023
News 5/17/23

MedAvail Technologies Frequently Asked Questions (FAQ)

  • When was MedAvail Technologies founded?

    MedAvail Technologies was founded in 2012.

  • Where is MedAvail Technologies's headquarters?

    MedAvail Technologies's headquarters is located at 6665 Millcreek Drive, Mississauga.

  • What is MedAvail Technologies's latest funding round?

    MedAvail Technologies's latest funding round is PIPE.

  • How much did MedAvail Technologies raise?

    MedAvail Technologies raised a total of $42.66M.

  • Who are the investors of MedAvail Technologies?

    Investors of MedAvail Technologies include Redmile Group, Pura Vida Investments, Adage Capital Management, Lewis & Clark Ventures, Cigna Ventures and 10 more.

  • Who are MedAvail Technologies's competitors?

    Competitors of MedAvail Technologies include HealthSpot.

Compare MedAvail Technologies to Competitors

C
Computerized Screening

Computerized Screening is a medical device company. It had developed the Csi Managed Health System Model: Csi Model 9k.Computerized Screening, Inc. prevents health risks by providing superior health monitoring technology and personal health record systems. CSI health stations and medical kiosks help to prevent and manage costly health conditions

HealthSpot Logo
HealthSpot

HealthSpot is developing patient and provider healthcare technology with a turnkey system called the HealthSpot Station which enables patients' immediate access to medical diagnostics from board certified doctors via high definition video conferencing and interactive, digital telehealth tools. An innovative approach to the integration of telehealth and acute care, HealthSpot uses digital technology to empower doctors and specialists to provide care that is smarter, simpler and within anyone's reach.

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