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Healwell Ai Completes Acquisition Of ‘Pentavere’, A Leading Healthcare Ai And Data Science Company

PUBLIC · HWAIFDec 04, 2023

Acquiring Company

Healwell AI

Acquired Company

Pentavere

TorontoTorontoBiotechnologyHealthcareHealth CareArtificial IntelligenceMachine LearningInformation Technology

Description

HEALWELL AI Inc. (“HEALWELL” or the “Company”) (TSX: AIDX) (OTCQX: HWAIF), a data science and AI company focused on preventative care, is pleased to announce it has completed the previously announced acquisition of a majority ownership position in Pentavere Research Group Inc. (“Pentavere”), an innovative AI health-tech company based in Toronto, Ontario, that focuses on identifying eligible patients for approved medications and interventions. Pentavere has a proven track record in commercialization of real-world evidence studies and has developed strong partnerships with major hospital networks. Pentavere’s expertise in data abstraction and structuring, combined with their extensive network and experience in hospital specialist care, perfectly aligns with HEALWELL’s commitment to improving preventative care.

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Company Information

Company

Healwell AI

Location

Toronto, Ontario, Canada

About

Healwell AI is a healthcare technology company focused on AI and data science for preventative care. Our mission is to improve healthcare and save lives through early identification and detection of disease. As a physician-led organization with a proven management team of experienced executives, HEALWELL AI is executing a strategy centered around developing and acquiring technology and clinical sciences capabilities that complement the company’s roadmap.

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Frequently asked

Who acquired Pentavere?

Pentavere was acquired by Healwell AI, based in Toronto. The deal was reported on December 4, 2023. Healwell AI is a healthcare technology company focused on AI and data science for preventative care. Our mission is to improve healthcare and save lives through early identification and detection of disease. Healwell AI is publicly traded (HWAIF) and operates in Biotechnology.

When did Healwell AI acquire Pentavere?

Healwell AI's acquisition of Pentavere was reported on December 4, 2023. HEALWELL AI Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Pentavere do?

It is privately held, operating in Information Technology, and is based in Toronto.

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