MEDFAR: Novalex supports the Montreal-based company in its expansion

On April 18, MEDFAR announced that it had received a $30 million capital injection from Investissement Québec that will allow it to continue its expansion.  

As a long-time business partner, Novalex is proud to have accompanied MEDFAR throughout the transactional process, from the very first negotiations, and to have helped it secure this major investment.  

“At Novalex, our expertise in business law allows us to work with fast-growing companies, including MEDFAR. We’ve had the opportunity to build a relationship of trust with their team for over six years. Supporting a local company whose mission is to improve the efficiency of the healthcare system is a privilege for me and for our firm,” says Marie-Ève Ferland, a partner at Novalex and the lawyer in charge of this case. She was accompanied by her colleagues, lawyers Julia Portelance and Marilie Bouchard.  

Founded in 2010, the Montreal-based company MEDFAR now employs more than 350 people. Specializing in telemedicine, it creates innovative solutions that facilitate every clinical process, thereby improving the quality of patient care and services.  

For full details on this transaction, we invite you to read the article “Investissement Québec puts $30 million in MEDFAR” on La Presse+ (in French only).