Globe Telecom funds mClinica mobile health in Philippines
02-Nov-14, The Philippine Star
Mobile health technology company mClinica is expanding its presence in Southeast Asia after getting funds from Kickstart Ventures Inc. of Ayala-led Globe Telecom Inc.
Kickstart, together with foreign venture capitalists 500 Startups from Silicon Valley and IMJ Investment partners from Japan, made the infusion to mClinica to bankroll its expansion in Indonesia, Vietnam and Thailand.
mClinica is the largest pharmacy network in the country with a growing network of over 1,400 pharmacies and access to over 20 million customers.
“We have been waiting for a solution like this. With mClinica, we now have new ways to access the pharmacy channel more and gather data in the process. This was non-existent before,” Valeant Pharmaceuticals International Philippines country manager Lito Ardeta said.