Florida Approved Deployment of MedAvail Machines

L&C Companies
Written By Lewis & Clark

Portfolio News

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Florida approved deployment of MedAvail automated pharmacy dispensing machines, as patients are cautious about utilizing traditional retail settings in the midst of the COVID-19 pandemic. SpotRx pharmacy, wholly owned by MedAvail Technologies, can begin to build out a network of in-clinic embedded pharmacies within Medicare clinics as they have done in Arizona and California. “Florida is a very large state for our SpotRx Medicare strategy representing an opportunity of more than $3.5B of annual prescription revenue within our targeted Medicare market,” said Dave Rawlins, SpotRx Chief Commercial Officer.

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Lewis & Clark Ventures was founded by former operators with the conviction that innovation and entrepreneurial talent are plentiful outside of traditional capital centers. We partner with high potential Late Seed and Series A stage B2B software companies. Our vision for success is to become a trusted partner to every entrepreneur that we back and assist in their journey towards scale and significance.

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