MedAvail Announces Agreement With Dallas-Based Oak Lawn Pharmacy For Deployment Of Ten M4 MedCenters; Oak Lawn To Fund Cost Of Setting Up MedCenters
Portfolio Pulse from Benzinga Newsdesk
MedAvail has announced an agreement with Oak Lawn Pharmacy for the deployment of ten M4 MedCenters. Oak Lawn Pharmacy will fund the cost of setting up the MedCenters and plans to deploy two M4 kiosks in 2023, with the remaining units to be deployed within 24 months of contract execution.
August 04, 2023 | 3:17 pm
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POSITIVE IMPACT
MedAvail's agreement with Oak Lawn Pharmacy for the deployment of ten M4 MedCenters could potentially increase the company's revenue and market presence.
The agreement with Oak Lawn Pharmacy will lead to the deployment of MedAvail's M4 MedCenters, which could increase the company's product usage and potentially its revenue. The fact that Oak Lawn Pharmacy is funding the setup costs also reduces financial risk for MedAvail.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100