Alcidion has completed a fundraising

Alcidion Group Ltd. (ASX:ALC) has raised funds to acquire Silverlink PCS Software Limited.

Alcidion is transforming healthcare with smart, intuitive technology solutions that provide real-time clinical decision support. The group integrates with EMR providers and assists doctors and nurses, covering functions such as streamlining patient journeys, smart analytics to help with clinical decisions, improving patient safety and productivity amongst clinical staff through messaging applications, and data capture and interpretation.

Oaklins’ team in Australia acted as joint underwriter, joint lead manager and joint bookrunner, alongside Canaccord Genuity (Australia) Ltd. The team has supported Alcidion in raising over US$70 million across three transactions, along with assisting shareholders to realize value via on-market trading, over the past three years.