Medibio signs binding term sheet to acquire Vital Conversations

Medibio (ASX:MEB) a mental health technology company has signed a term sheet to acquire Vital Conversations. Vital Conversations provides evidenced based psychological health programs and a digital platform that connects with Medibio’s technology to provide a complete suite of products and solutions for the Corporate Wellness market.

As quoted in the press release:

Peta Slocombe, practicing psychologist with over 25 years experience and Founder and Managing Director of Vital Conversations, says, “Corporate mental health has lacked the rigor of real time biometrics, coupled with customized programs and personalised telepsychology for behavior change. Mental health is one of the most significant and also the most treatable issues on the planet. Employees and their organizations deserve the best that science and technology have to offer, and we are delighted to become part of Medibio.”

Click here to read the full press release.