PetMeds® announces partnership with Vetster for pet telemedicine
PetMed Express, Inc. has reportedly entered an exclusive partnership with Vetster Inc, a leading pet-care and veterinary telemedicine marketplace.
The deal gets access to around-the-clock, virtual pet healthcare for over 2 million pet parents of PetMeds® as well as consolidated satisfaction of pet medications for vet clinics and veterinarians. The move planes PetMeds as the premier pet health source online.
This is a first-of-its-kind agreement to expand pet telemedicine, making PetMeds the exclusive e-comm provider of pet medicines for Vetster, which then becomes the sole provider of telemedicine and telehealth services to PetMeds customers.
Under the collaboration, PetMeds customers will be able to smoothly use Vetster’s technology to link with a veterinarian while traveling or from home, and PetMeds will continue providing accurate and fast delivery of over-the-counter pet medications and prescriptions.
Matt Hulett, President and Chief Executive Officer of PetMed Express, cited that the company led the business of online pet medication for over 26 years and this collaboration with Vetster is a key step in establishing the expanded strategy of PetMeds as the preferred pet health expert.
The agreement between the two firms comes on the heels of Vetster’s Series B funding round where PetMeds offered a minority investment. PetMeds could acquire more shares by exercising warrants for an increased equity share in Vetster, with warrants linked to performance milestones.
Mark Bordo, Co-Founder and Chief Executive Officer of Vetster expressed that pet parents obtain the convenience and affordability of telehealth.
Pets benefit from top-class healthcare without the hassle of taking a trip to the vet and veterinarians to explore more revenue streams whilst offering quality care anytime and anywhere.
For the record, PetMed Express was founded in 1996 and delivers non-prescription and prescription pet medications for cats, horses, and dogs at competitive prices.
On the other hand, Vetster is the leading vet telehealth platform connecting top-rated veterinary professionals with pet owners.
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Pankaj Singh
Pankaj Singh Develops content for Algosonline, Market Size Forecasters, and a couple of other platforms. A Post Graduate in Management by qualification, he worked as an underwriter in the UK insurance domain before deciding to switch his field of profession. With experience in technical and niche w...