- Mednow entered into a partnership agreement with HepCURE, one
of Canada’s leading hepatitis C screening and treatment providers,
to achieve the goal of eliminating hepatitis C in Canada by
2030.
- Liver Care Canada will now offer their patients access to
HepCURE’s programming and services to further improve medication
adherence and optimize treatment outcomes.
- The collaboration sets the stage for the expansion of Mednow’s
Liver Care Canada platform from a base in Ontario, to the rest of
Canada.
- Liver Care Canada’s clinic network and teams will further
enhance the reach and delivery of services to priority patient
populations across Canada through this collaborative
partnership.
- The partnership sets the foundation for one of Mednow’s goals
of servicing the marginalized populations of Canada.
Liver Care Canada (a subsidiary of Mednow Inc.) (TSXV: MNOW)
(OTCQX:MDNWF), is pleased to announce that it has entered into a
partnership agreement with HepCURE, a non-profit company and one of
Canada’s leading hepatitis C screening and treatment providers, to
achieve the goal of eliminating hepatitis C in Canada by 2030.
“This is the first time two providers that treat hepatitis C
have joined forces to share their knowledge and expertise to make a
significant impact on elimination of hepatitis C in Canada. This
partnership represents a transformational shift in industry by
breaking down and eliminating competitive behaviors that will only
further benefit patients in need of care and treatment and bring
synergies to both organizations,” said Karim Ragheb, CEO of Liver
Care Canada, a company Mednow acquired earlier this year.
Liver Care Canada will now offer their patients access to
HepCURE’s programming and services to further improve medication
adherence and optimize treatment outcomes. Furthermore it will
expand the Liver Care Business outside of Ontario to the rest of
Canada.
“This is an example of how commercial/for profit and non-profits
can work together for a noble cause and be more effective than
traditional fundraising or government-reliant solutions. We are
excited to join forces with HepCURE as our elimination partner and
to offer our patients a comprehensive model of care that truly
breaks down treatment barriers. We also plan to expand HepCURE’s
model of care nationally across our network to support underserved
communities in need. We have already implemented HepCURE’s model in
Vancouver where almost half of screened participants are testing
positive for prior hepatitis C exposure and where many require care
and treatment,” said Ali Reyhany, Founder and CEO at Mednow.
Mednow earlier this year acquired Liver Care Canada, and now
looks to expand and scale that business nationally by leveraging
Mednow’s existing national pharmacy footprint.
Risk-based testing is the main approach to hepatitis testing in
Canada. It involves conducting tests for people who have an
increased chance of being exposed to hepatitis C, either because
they have certain behavioural, clinical or demographic
characteristics that put them at ongoing risk for hepatitis C, or
because they may have been exposed to hepatitis C in the
past.10
“Programs and services should be informed, appropriate,
accessible, and acceptable to people who are members of priority
populations to achieve Hep C elimination goals. HepCURE’s
programming has been specifically tailored for priority
populations, many who do not normally seek care because of
discrimination. Our model of care has been successful in diagnosing
91% of program participants that have been exposed to hepatitis C
and linking 80% of qualified patients to care and treatment.
Treatment is very costly and can result in high exposure to both
public and private payers if not managed correctly. We spend a lot
of time providing meaningful education to those at risk and have
maintained >85% treatment compliance rates over the last 12
months for those requiring treatment resulting in better clinical
outcomes,” explains Christian Marcoux, Founder & Director of
Outreach Services at HepCURE.
Liver Care Canada’s clinic network and teams will further
enhance the reach and delivery of services to priority patient
populations across Canada through this collaborative
partnership.
About Hepatitis C
Hepatitis C is spread through blood-to-blood contact with an
infected person. The hepatitis C virus can survive on surfaces
outside the body for up to 3 weeks.1 You may risk exposure to
hepatitis C by using injection drugs (even once), sharing drug
paraphernalia (e.g., pipes, straws, spoons, needles, cookers),
receiving body services that use unclean tools or work practices
(e.g., tattooing, acupuncture, body piercing, pedicures, manicures
or medical procedures), sharing personal care items with an
infected person (e.g., razors, scissors, nail clippers,
toothbrushes), having sex with an infected person, or having had a
blood transfusion or received blood products prior to July
1990.
You can have hepatitis C for many years without having symptoms
or feeling sick, even though the virus may be injuring your liver.2
In Canada, hepatitis C is about 3.5 times more common than HIV. In
2011, it was estimated that up to 245,000 Canadians were living
with chronic hepatitis C, compared to an estimated 71,000 people
living with HIV.3 Almost half (44%) of Canadians infected are
unaware they are living with the disease.4
Although preventable and curable, Hepatitis C virus (HCV)
infection has been described as Canada’s “most burdensome
infectious illness” since it causes more years of life lost than
any other infectious disease in the country.5 Without urgent
actions, HCV will continue to spread, and Canada will face
increasing rates of HCV-related illness and death in the coming
years, with a corresponding surge in healthcare costs.6
In May 2016, Canada signed on to the World Health Organization
(WHO)’s first ever Global Viral Hepatitis Strategy, with the goal
of eliminating viral hepatitis as a public health threat by 2030.
Yet the federal government has been clear that the provinces and
territories will be accountable to their citizens to meet this
target, not the federal government and only seven of ten provinces
are on track towards viral hepatitis elimination goals.7
Our current centralized HCV testing process particularly impedes
our ability to bring HCV care to priority populations, many of whom
face barriers to accessing mainstream healthcare.8
Partnerships are essential in solving some of the most pressing
public health challenges.9
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.
About Liver Care Canada
Liver Care Canada focuses on the treatment of Liver Disease; the
8-clinic network provides access to hepatologists, gastroenterology
specialists, specialty nurse practitioners, registered nurses, and
mobile care services and services over 20,000 patient visits per
year.
About HepCURE
HepCURE is a non-profit organization that provides access to
screening and treatment services for priority populations at risk
of hepatitis C exposure. HepCURE offers 24/7 telephone intake &
support, provincewide mobile screening units with outreach teams,
participation incentives, transportation assistance, end-to-end
linkage to treatment, weekly adherence monitoring of prescribed
treatments and a network of pharmacies and community-based clinics
to coordinate and optimize treatments to achieve positive health
outcomes.
To learn more, follow Mednow on Facebook, Twitter, LinkedIn, and
Instagram, or visit our website at www.mednow.ca or
www.LivercareCanada.com
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
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 and open fulfillment centres in certain locations in
2022, Mednow’s goal of integrating the technology of its strategic
business acquisitions with its core fulfillment pharmacies, the
optimization of Mednow’s PillSmartTM and nutraceutical offerings,
Mednow’s ability to connect with employers, specialty doctors and
large pharmacies, and Mednow’s ability to acquire customers and
lower costs.
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 that Mednow will be successful in
opening additional fulfillment centres, integrating and optimizing
technologies, growing its network of patients, doctors and
pharmacies, and lowering costs. 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 opening additional fulfillment
centres, integrating and optimizing technologies, expanding its
network of clients and partners, 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.
References
- Canadian Centre for Occupational Health & Safety1
https://www.ccohs.ca/oshanswers/diseases/hepatitis_c.html
- CATIE2,10 https://www.catie.ca/essentials/hepatitis-c-basics
https://www.catie.ca/hepatitis-c-an-in-depth-guide/approaches-to-hepatitis-c-testing-in-canada
- AbbVie Corporation3,9
https://www.abbvie.ca/content/dam/abbvie-dotcom/ca/en/documents/educational-resources/HCV_Dispelling_Myths_EN.pdf
https://www.abbvie.ca/content/dam/abbvie-dotcom/ca/en/documents/press-releases/PressRelease_AbbVieCommitment_HCVElimination_WHD_07202020_EN.pdf
- Canadian Network on Hepatitis C (CanHepC). Blueprint to inform
hepatitis C elimination efforts in Canada.4,5,6
https://www.canhepc.ca/sites/default/files/media/documents/blueprint_hcv_2019_05.pdf
- Action Hepatitis Canada7, 8
https://www.actionhepatitiscanada.ca/progressreport.html
https://www.actionhepatitiscanada.ca/hepcantwait.html
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version on businesswire.com: https://www.businesswire.com/news/home/20220629005368/en/
Investor Relations Contact:
Benjamin Ferdinand, CFO ir@mednow.ca 1.855.686.6300
Mednow (TSXV:MNOW)
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