Mednow Investor Update
Payors ¹, 2
1,
● Pharmacy is a significant cost for health benefits providers in
Canada - costs need to be controlled
What is Mednow for Business?
A Convergence of Forces has Led to Increased
Demand for a Digital Pharmacy from Organizations
●High demand for corporate wellness services that prioritize
wellness, cater to remote/hybrid work
● Early days of digital preferred pharmacy network adoption in
Canada post-pandemic
Patients 1,2
•Consumers want more convenient, transparent and private
pharmacy solutions
•According to a recently completed study, Canadians have
expressed being open to using a virtual pharmacy
●Digitization in pharmacy is in its infancy
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Manufacturers
•National Speciality Pharmacy division focuses on high cost
drugs such as biologics
●Two specialty pharmacy acquisitions strengthen expertise
and relationships in this fast-growing class of drugs
•Mednow's core infrastructure of a clinical pharmacy network,
technology and logistics provides a differentiated offering
with few competitors
Prescribers ¹,2
●Prescribers would like better medication adherence support,
education and data from a pharmacy partner
•Mednow aims to lift admin burdens from clinic operations
•Increasing complexity and a shift to virtual care drives
demand for a clinically reliable virtual pharmacy partner
1.Maru Blu Research 15-minute online survey of 2,564 individuals living in Canada who are 25 years or older
and geographically balanced. Surveys were completed between February 26 and March 14, 2022
2.Based on management's current knowledge and reasonable belief
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