TORONTO, ON –/COMMUNITYWIRE/– Mednow Inc. (“Mednow” or the “Company”) (TSXV: MNOW), Canada’s on-demand virtual pharmacy, is pleased to announce that the Company has been recognized as a 2022 Best WorkplaceTM – Start-ups. To be eligible for this list, an organization must be “Great Place to Work – Certified” in the past year, self-identify as a Start-up, have been in business less than 10 years and have not yet reached the scale-up phase. There are several key metrics that are assessed before being awarded this recognition including culture, diversity, compensation, and benefits, in addition to in-depth employee surveys.
Being a Great Place to Work – Certified, Mednow prioritizes fostering a healthy culture, which Mednow believes can result in financial advantages for the Company. Mednow believes its ability to attract, retain and utilize its talent results in higher-quality ideas and faster implementation of such ideas. This inclusivity and increased responsiveness are important to the Company’s development strategy and, Mednow believes, results in increased trust, higher retention rates, increased brand recognition and actionable insight, all which the Company believes contribute to continued revenue growth.
Since the Company’s initial public offering in March 2021, Mednow has grown its employee base by more than 3 times to an approximate total of 60 employees and expanded into three provinces. Mednow continues to work towards delivering its services across Canada in 2022 and implementing multiple technological platforms to provide a user-friendly website and proprietary application.
“The global pandemic has shifted the job market, including the traditional demands of employees who historically value primarily job security and compensation,” said Diandra Forde, Head of People and Culture at Mednow. “The ‘Great Resignation’ has seen a shift in the expectations of employees to include feeling valued within a company, a sense of belonging and contribution amongst trusted colleagues, the potential to grow with the company, and most recently, have the flexibility to balance work with their personal lives. The ability of Mednow to grow and attract top talent over the past year is reflective of Mednow’s core values, putting people first and innovating with purpose, which aligns with Mednow’s talent.”
Mednow’s people-centric approach to business starts with its employees and branches out through its vision and mission. By providing access to healthcare to Canadians through its fully owned and operated digital pharmacies and ancillary services, Mednow intends to redefine pharmacy’s role in holistic care, providing patients with the tools to live a healthier life.
About Mednow Inc.
Mednow is a healthcare technology company offering virtual access with a high-standard of care. Designed with accessibility and quality of care in mind, Mednow.ca provides virtual pharmacy and telemedicine services as well as doctor home visits through an interdisciplinary approach to healthcare that is focused on the patient experience. Mednow’s services include free at-home delivery of medications, a user-friendly interface for easy upload, transfer, and refill of prescriptions, access to healthcare professionals through an intuitive chat experience, a specialized PillSmart™ system that packages prescriptions and vitamins by date and time, and doctor consultations.
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Cautionary Note Regarding Forward-Looking Statements:
This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, timing, assumptions or expectations of future performance, are forward-looking statements and contain forward-looking information, including statements relating to: Mednow’s plan to expand its operations to deliver services across Canada in 2022.
Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as “intends” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would” or “occur”. Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this press release, including Mednow will be successful in expanding its operations to deliver services across Canada. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Important factors that may cause actual results to vary, include, without limitation, that Mednow will not be successful in expanding its operations to deliver services across Canada, and other risk factors set out in the Company’s final long form prospectus dated February 26, 2021 available for review on the Company’s profile at www.sedar.com. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws.