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Brain Resource raising $7m to expand corporate brain wellness offerings

InvestmentBRC $7 mil­lion cap­i­tal rais­ing to expand sales (Investor Com­mu­ni­ca­tion):

Brain Resource Lim­it­ed (“BRC”) is pleased to announce that it has bind­ing com­mit­ments to raise approx­i­mate­ly A$7 million…BRC has to date suc­cess­ful­ly sold its on-line MyBrain­So­lu­tions prod­uct into two very large U.S. Brain Health mar­kets that have very high needs:

  • US Cor­po­rate Employ­ee Well­ness pro­grams (a $5B mar­ket); and
  • Addic­tion Clin­ics (a $50B mar­ket).

Cus­tomers and Dis­trib­u­tors include For­tune 500 com­pa­nies includ­ing Aet­na, Cis­co, Mer­cer, Nation­wide, Amer­i­can Express as well as indus­try lead­ing com­pa­nies includ­ing Accen­ture and Cerner.…This fund­ing will now allow BRC to expand its sales force and tar­get­ed mar­ket­ing to scale these rev­enues.

This Con­di­tion­al Place­ment is sub­ject to the nec­es­sary reg­u­la­to­ry approvals and share­hold­er approval at an extra­or­di­nary gen­er­al meet­ing to be held around mid August 2014…”

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Categories: Cognitive Neuroscience, Health & Wellness, Technology, Uncategorized

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