Telstra Health has announced its full acquisition of pharmacy IT solutions provider Fred IT Group, purchasing the remaining 50% equity from the Pharmacy Guild of Australia and Fred IT co-founder and CEO Paul Naismith. Naismith will remain CEO, and Fred IT will continue to develop solutions and services as usual. The acquisition is part of Telstra Health’s strategy to establish itself as a global digital health player, following previous acquisitions and partnerships. The company aims to leverage its capabilities and technology to digitally connect healthcare and empower pharmacists to integrate into the digital health landscape.
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Telstra Health to fully own pharma tech provider Fred IT
