Afya Limited Announces MedPhone’s Acquisition
Afya Limited, or Afya (Nasdaq: AFYA) today announced the
acquisition of 100% of the total share capital of MedPhone, through
its wholly-owned subsidiary Afya Participações S.A.
MedPhone is a clinical decision and leaflet consultation app in
Brazil, that helps physicians, medical students and other
healthcare professionals to make faster and more accurate decisions
on a daily basis. MedPhone has more than 175,000 registered users
and more than 58,000 monthly active users, with a NPS of 75. The
app has more than 9,100 reviews in AppStore with a 4.9 out of 5
The integration of MedPhone’s clinical decision software with
PEBMED will create great synergy and allow us to offer both
products through the same platform.
The net purchase price was R$6.4 million and was paid in
Afya is a leading medical education group in Brazil based on
number of medical school seats, delivering an end-to-end
physician-centric ecosystem that serves and empowers students to be
lifelong medical learners from the moment they join us as medical
students through their medical residency preparation, graduation
program, and continuing medical education activities.
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