Optimizerx Announces Agreement To Acquire Medicx Health For $95 Million To Expand Its Omnichannel Reach To Consumers
Acquiring Company
OptimizeRx
Acquired Company
Medicx Health
WalthamScottsdaleHealthcareHealth CareHealth CareAnalyticsDescription
OptimizeRx Corp. (the “Company”) (Nasdaq: OPRX), the leading provider of healthcare technology solutions helping life sciences companies reach and engage healthcare professionals (HCPs) and patients, today announced it has signed an agreement to acquire Scottsdale, Arizona-based Healthy Offers, Inc., dba Medicx Health ("Medicx”), a leading healthcare consumer-focused omnichannel marketing and analytics company. The transaction purchase price is $95 million, and certain members of Medicx’s management plan to invest approximately $10.5 million of their proceeds into the Company’s common stock. Closing is expected during the fourth quarter of 2023.
Quick answer
OptimizeRx is acquiring Medicx Health for $95 million, announced October 12, 2023. OptimizeRx is based in Waltham, Massachusetts, United States.
- How much did OptimizeRx pay for Medicx Health?
- The reported deal value is $95 million.
- What does OptimizeRx do?
- OptimizeRx® (OPRX) provides unique physician and consumer platforms and strategies to help patients better afford and adhere to their treatment regimens, while offering pharmaceutical and healthcare companies more..
- Where are OptimizeRx and Medicx Health based?
- OptimizeRx is based in Waltham, Massachusetts, United States. Medicx Health is based in Scottsdale, Arizona, United States.
- Who are the decision-makers at OptimizeRx?
- Fundz holds 1 contact at OptimizeRx. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Healthcare and Analytics
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- Laborie Medical Technologies Announces Agreement To Acquire Urotronic For Up To $600 Million, $600M (September 6, 2023)
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- Spectrum Science Acquires Crowdpharm And Hot Iron Health, Strengthening Firm'S Advertising And Consulting Capabilities (November 20, 2023)
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Frequently asked
Who acquired Medicx Health?
Medicx Health was acquired by OptimizeRx, based in Waltham. The deal was reported on October 12, 2023. OptimizeRx is publicly traded (OPRX) and operates in Healthcare.
When did OptimizeRx acquire Medicx Health?
OptimizeRx's acquisition of Medicx Health was reported on October 12, 2023. OptimizeRx Corp. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Medicx Health do?
Medicx Health leverages real world evidence with innovative SaaS analytics to drive clinical and commercial strategy and execution with measurable ROI for hundreds of life sciences brands. It is privately held, operating in Health Care, and is based in Scottsdale.
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