INDUSTRY WATCH: September/October 2015
Investors Take a Position in Medicine-On-Time
John Kalvelage , founder of Medicine-On- Time (MOT), announced that Brook Venture Partners, HealthEdge Investment Partners, and Eagle Private Capital have invested in the company to help bring MOT’s message and solution to a broader spectrum of caregivers, especially those focused on service to elderly Americans and patients on complex drug therapies.
With this new funding, Guy Bryant, HealthEdge operating partner and longtime pharmaceutical services industry veteran, has joined MOT as CEO.
MOT is a national provider of adherence packaging solutions to retail and closed-door pharmacies serving elder care facilities, homebound patients and individuals with chronic conditions, as well as independent seniors.