Cigna Ventures contributed to a placement for the Express Scripts and Walgreens Boots Alliance-backed turnkey pharmacy service.
Canada-based pharmacy services provider MedAvail Holdings secured $84m on Wednesday in a private placement featuring Cigna Ventures, the investment arm of health insurance provider Cigna.
Healthcare investment firm Ally Bridge Group led the placement, which included Redmile Group, Pura Vida Investments, Adage Capital Management, Lewis and Clark Ventures, Heights Capital Management and Maven Investment Partners.
MedAvail runs on-premises pharmacies on behalf of clinics that utilise robotic dispensary technology, in addition to offering home mediation delivery for its partners. Cowen and…
