The MedAdvisor (ASX:MDR) share price is lifting today. Here’s why

The MedAdvisor Ltd (ASX: MDR) share price is soaring today after the company announced an extension of a health program deal.

In early afternoon trade, the medication management platform provider’s shares are swapping hands for 33.5 cents, up 3.8% after reaching an intraday high of 35 cents.

Let’s take a closer look at what’s driving the MedAdvisor share price higher today.

Health program extension

In its release, MedAdvisor advised that a global pharmaceutical company has extended its United States health program deal for an estimated additional 3 months. The contract extension is expected to generate US$4.7 million in revenue for…