- Cosmos Health ( NASDAQ: COSM ) has concluded its due diligence and is in the process of preparing the definitive documentation to complete the acquisition of ZipDoctor from American International Holdings ( OTCQB:AMIH ).
- ZipDoctor, a wholly owned subsidiary of AMIH, is a direct-to-consumer subscription-based telemedicine platform, that expects to provide its customers affordable, unlimited, 24/7 access to board certified physicians and licensed mental and behavioural health counsellors and therapists.
- According to Nova One Advisor, the U.S. Telehealth market size was valued at $23.8B in 2021 and is expected to grow to $309.9B by 2030, growing at a CAGR of 45.1% from 2022 to 2030.
- "We are confident that Cosmos' experience in successfully developing and operating healthcare and wellness related businesses will serve as a powerful recipe for ZipDoctor's future success." said Jacob Cohen, Director of American International Holdings.
For further details see:
Cosmos Holdings preparing definitive documentation for ZipDoctor acquisition