A UK-based digital pharmacy has joined listed Canadian energy corporation Claren via a reverse takeover.
Based in Wallington, South London, RXLive is one of the UK’s fastest growing digital pharmacies with over 5,000 active patients, delivering over 10,000 prescriptions per month.
The holder of an NHS operating license, it integrates with the UK’s Electronic Prescription Service (EPS) to deliver prescriptions to patients throughout England within 24 to 48 hours.
The HealthTech utilises artificial intelligence and machine learning models to extract predictive health outcomes. These models can improve the continuum of care for patients to take corrective actions through supplements and medications to avoid health deteriorations, thus improving their overall quality of life.
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Claren Energy Corp, listed on the TSX Venture Exchange, has acquired all its shares after raising $5 million in private placement financing.
The company engages in the acquisition and exploration of petroleum and natural gas properties.
For the year ended July 31st 2020, RXLive had audited revenues of almost £1m.