Ayala gets 'disruptive' with latest health investment
09-Feb-17, Nikkei Asian Review
Ayala Corp of The Philippines has bought into a medical startup, adding some disruptive technology to its fledgling health care operations.
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Image: Nikkei Asian Review
Its investment vehicle AC Health took a minority stake in Wellbridge Health, which owns an online pharmacy business called MedGrocer, AC Health chief executive Paolo Borromeo said.
AC Health hopes "to seed disruptive health care solutions" that improve efficiency. "The investment of AC Health into MedGrocer fits well with both our pharmacy and health tech aspirations," Borromeo said.