Emyria expands mental health care capabilities with Pax Centre acquisition

–News Direct–

Emyria Ltd (ASX:EMD) managing director Michael Winlo joins Proactive to discuss the healthcare stocks Pax Centre acquisition.

The move brings a top-tier clinical service specialising in comprehensive psychological trauma care into the EMD fold, expanding its capabilities as it develops a pipeline of MDMA-assisted therapies.

Winlo says the acquisition will be transformative, strengthening Emyrias clinical service foundations as it builds a care-centric model for delivering mental health treatments.

The acquisition also improves our ability to collect crucial clinical data that can help engage payers as well as drive further care model improvements and novel drug development, he told the market this week.

Pax Centre director Dr Jon Laugharne added: "The prospects of integrating Emyria's data-driven research approach with our existing care models is incredibly exciting.

We believe that with Emyrias support we have an opportunity to become a centre of excellence that only offers innovative and cost-effective treatments to patients but also helps train and support the next generation of specialists and therapists."

Contact Details

Proactive Investors

Jonathan Jackson

+61 413 713 744

Jonathan@proactiveinvestors.com

View source version on newsdirect.com: https://newsdirect.com/news/emyria-expands-mental-health-care-capabilities-with-pax-centre-acquisition-468559363

Emyria Ltd

COMTEX_436361729/2655/2023-07-03T14:59:31