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MedAdvisor Sells ANZ Business for $42.35M, Sets Sights on US Growth
10:12am on Monday 7th of July, 2025 AEST
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Healthcare
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MedAdvisor Sells ANZ Business for $42.35M, Sets Sights on US Growth
10:12am on Monday 7th of July, 2025 AEST
Key Points
Sale of ANZ business and IP to Jonas Software for $42.35 million including earn-out
MedAdvisor’s US operations to continue under royalty-free license
Full repayment of $23 million finance facilities
CFO Ancila Desai to step down, replacement appointment underway
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