Skip to Content

In brief: Belluscura fundraises, Alick’s debuts, Mobility City grows 

In brief: Belluscura fundraises, Alick’s debuts, Mobility City grows 

LONDON, and PLANO, Texas – Belluscura has raised gross proceeds of £3 million (approximately £2.7 million net of expenses) through the issue of 12 million new ordinary shares at the issue price of 25 pence per share. The company has also announced a retail offer to raise up to £0.5 million (before expenses) through the issue of new ordinary shares of 1 penny each in the share capital of the company. Under the retail offer, up to two million new ordinary shares will be made available at a price of 25 pence per retail offer share. "We have made significant progress over the last 12 months,” said Robert Rauker, CEO. “With the support of our investors through this additional funding, despite challenging market conditions, we now have the firepower to capitalize on the significant market opportunities that have been identified for Belluscura's market leading products." The net proceeds of the fundraising receivable by the company will be used principally to finalize the development of the DISCOV-R; to complete the pre-market evaluation and launch of the DISCOV-R; and for group working capital. 

Alick’s debuts in Warsaw 

WARSAW, Ind. – Alick’s Home Medical held a grand opening for its newly renovated location in Warsaw, Ind., on May 24. The event included tours, free food and beverages, a chance to win prizes and a ribbon-cutting ceremony with the Kosciusko Chamber of Commerce, according to the Times Union Online. “I’d like to welcome all of you to the new grand opening for Alick’s Home Medical Equipment, and I pray each and every one of you will remember from where we came,” founder Jeannine Alick said during the ceremony, according to the newspaper. “We came because we care, and those aren’t just simple words to me. They say a lot. Because we care we come to work, we work all day with a smile, and we talk to people and we do what’s best for them. Not what’s best for our pocketbook. Not what’s best for the business – what’s best for the person in need. And never forget, that could be each and every one of you and someday you’ll want that person to be caring like you.” The location was previously a Pill Box Pharmacy. Alick’s has its corporate headquarters in South Bend, Ind. 

Mobility City Holdings Inc. targets Idaho for growth  

BOCA RATON, Fla. – Mobility City Holdings Inc. worked with Gregg and Kristy Welte to open a franchise location in Meridian, Idaho, in December and now the company has plans to work with the couple to open additional locations to serve the entire state. "Idaho is our first 'state as a territory' that made sense for one owner to manage," said Diane Baratta, CEO, Mobility City Holdings Inc. "We were pleased to learn that owners Gregg and Kristy Welte felt the same way about growing their business beyond the boundaries of the Treasure Valley to cover all Idahoans.” When the timing is right, the Weltes plan to also open locations in the northern and eastern parts of the state. Mobility City Holdings Inc. says it has identified nine other states that could become single-owner franchise territories.    

ACHC hires program director 

CARY, N.C. – The Accreditation Commission for Health Care (ACHC) has hired Joseph Coyne as its pharmacy accreditation program director. Coyne will be responsible for leading and preserving the pharmacy program’s suite of services and distinctions specifically for individual pharmacy professional needs. He will also help establish industry standards, overseeing compliance with policies and procedures, while identifying areas for improvement for overall organizational developmental efforts. “My vision is to fashion this already exceptional program into the pinnacle of pharmacy accreditation,” said Coyne. “Through the continued refinement, expansion of offerings, meaningful synergy of laws, regulations and standards, collaboration with thought leaders, and the provision of sought after education, I envision this program continuing to evolve and strengthen as the gold standard of pharmacy accreditation.” Most recently, Coyne served as the chief pharmacy officer and vice president of supply chain for Pinnacle Dermatology, where he dedicated himself to driving and maintaining its pharmacy program to ensure its effectiveness and to improve patient experience and safety. Prior to his time at Pinnacle Dermatology, he held director positions in the business and operations sectors and founded his own consulting business, Coyne Consulting LLC. 


To comment on this post, please log in to your account or set up an account now.