Stockhead reports on InstantScripts
Via stockhead.com.au
Telehealth platforms
Telehealth is an area that has several ASX listed plays but ASX-listed tech investment company Bailador (ASX:BTI) yesterday announced it was investing in a private play.
Bailador will put $5.5 million into InstantScripts, a company offering services that include virtual consultations and prescriptions.
InstantScripts was only founded in 2018 but has already served over 300,000 Australian patients – a figure that has substantially grown thanks to COVID-19.
Bailador says it was attracted to the company by the traction it achieved in such a short space of time as well as the challenge InstantScripts sought to address, in lowering the cost and improving access to healthcare.
“We are delighted to be partnering with Asher [Freilich] and the InstantScripts team as they accelerate their growth plans and continue on their journey in building Australia’s pre-eminent digital healthcare platform,” said Bailador co-founder and managing partner Paul Wilson.
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