February 1, 2015. CNN Breaking News! Grameen Telemedicine IPO breaks all records.
The Grameen Group has just announced that it has raised a record US$100 billion in the initial public offering of its Grameen Telemedicine subsidiary. Grameen Telemedicine combines internet-based health services with recently developed revolutionary diagnostics, which permit the diagnosis of most common diseases in a matter of minutes through a simple analysis of urine, blood, and saliva. Medical doctors located in centers throughout South Asia analyze the results and provide diagnoses through internet to locations, remote and not-so-remote. Grameen Telemedicine has become the Wal-Mart of medicine, with whom it is expected to partner in order to provide healthcare services in most of the retail giant’s superstores.