Progressive Care Inc. (OTCQB: RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, announced Thursday that the Letter of Intent (the “LOI”) entered into on September 1, 2020, for the Company to acquire substantially all of MyApps Corp. (“MyApps”) has been terminated by the companies. Progressive Care and MyApps will continue to work together amicably as partners, and the companies’ near-term priority will be to integrate CallingDr™, the popular telemedicine and telehealth platform developed by MyApps, into Progressive Care’s PharmcoRx digital platform and work together to enhance Progressive Care’s ClearMetrX data analytics and data management services.
Read the full article: Progressive Care Announces New Partnership with MyApps, Discontinues Plans to Acquire the Company //
Source: https://www.globenewswire.com/news-release/2020/10/29/2117245/0/en/Progressive-Care-Announces-New-Partnership-With-MyApps-Discontinues-Plans-to-Acquire-the-Company.html