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21 Mar 2025

UniDoc Health Acquires Agnes Connect Software from AMD Telemedicine

UniDoc Health Corp. has announced the acquisition of the Agnes Connect® software from AMD Telemedicine, along with related intellectual property, customer subscriptions, and the "AMD Telemedicine" name and goodwill. This strategic move is designed to strengthen UniDoc's existing Neil Connect platform and expand its telehealth capabilities in the growing digital health market.

Agnes Connect® is a secure, encrypted, cloud-based clinical examination platform known for its robust telemedicine features. The software enables healthcare providers to capture and securely exchange medical data, documents, and images in real-time, alongside high-quality video conferencing capabilities. A key advantage of the platform is its seamless integration with electronic health record (EHR) systems, which helps streamline clinical workflows and documentation processes.

The acquisition is valued at $175,000 in cash and remains subject to customary closing conditions, including potential approval from the Canadian Securities Exchange. UniDoc anticipates finalizing the transaction in the near future.

Following the closure of the deal, UniDoc plans to support and expand the existing Agnes Connect customer base, with a focus on providing improved software updates and enhanced customer service. The company's Neil Connect platform already integrates with Carefluence and DocBox software and utilizes advanced artificial intelligence (AI) to facilitate more accurate diagnoses and efficient patient interactions.

Antonio Baldassarre, CEO of UniDoc, highlighted the strategic importance of the acquisition: "The proposed acquisition of Agnes Connect will significantly strengthen our Neil Connect platform, and position UniDoc to deliver a more comprehensive and seamless eHealth solution. This integration will immediately enhance our software capabilities and provide direct access to an established customer network, presenting new opportunities to generate sustainable growth and enhance shareholder value."

The acquisition represents a significant step in UniDoc's growth strategy in the competitive telehealth market, where integration capabilities and comprehensive platform solutions are increasingly valuable to healthcare providers seeking efficient digital health tools that enhance patient care while streamlining clinical operations.

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