On November 1, 2024, it was announced that MedStack Inc. (“MedStack”), a leader in global healthcare compliance infrastructure, completed a successful asset sale to Launchit Solutions Inc. (“Launchit”), a pioneering health technology studio known for accelerating growth in the digital health space.
MedStack’s digital health cloud security solution, MedStack Control, and privacy program builder, Exos by MedStack, have been instrumental in streamlining compliance for healthtechs across North America, allowing developers to concentrate on their applications’ functional impact.
The acquisition enables Launchit to leverage MedStack’s platform, trusted by healthcare innovators for its strict adherence to regulatory standards, including the Health Insurance Portability and Accountability Act (HIPAA). The strategic partnership consolidates a shared vision of both parties, helping their clientele focus on innovation without compromising compliance or security.
Fasken advised MedStack with a team comprised of Will Shaw, Hashim Ghazi, and Alec McIlwraith-Black.
Jurisdiction
- Ontario
