Loading...

Ayala gets 'disruptive' with latest health investment

 09-Feb-17, Nikkei Asian Review 

Ayala Corp of The Philippines has bought into a medical startup, adding some disruptive technology to its fledgling health care operations.

Ayala gets disruptive with latest health investment (c) Nikkei Asian Review'

Image: Nikkei Asian Review

Its investment vehicle AC Health took a minority stake in Wellbridge Health, which owns an online pharmacy business called MedGrocer, AC Health chief executive Paolo Borromeo said. 

AC Health hopes "to seed disruptive health care solutions" that improve efficiency. "The investment of AC Health into MedGrocer fits well with both our pharmacy and health tech aspirations," Borromeo said.

 Read the full article  

 Insights 

Share