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CareRx Corp T.CRRX

Alternate Symbol(s):  CHHHF

CareRx Corporation is a Canada-based provider of pharmacy services to seniors living communities. The Company serves over 94,000 residents in over 1,500 senior and other congregate care communities, including long-term care homes, retirement homes, assisted living facilities, and group homes. It supports its home care partners by providing solutions for the supply of chronic medication. It offers a range of medication solutions. Its technology automates the preparation and verification of multi-dose compliance packaging of medication, providing the safety and adherence for individuals with complex medication regimes. Its network of pharmacy fulfillment centers delivers solutions for the supply of chronic medication and other specialty clinical pharmacy services. The Company provides services in rural and urban areas throughout Ontario, Alberta, British Columbia, and parts of Saskatchewan. It works with home operator partners to promote resident health, staff education and others.


TSX:CRRX - Post by User

Bullboard Posts
Post by bailey2on Apr 08, 2018 9:09am
120 Views
Post# 27849043

future

futureLike the fact that Centric is being innovative and also has applied for cannabis approval. Senior homes are asking for guidance on how to control the doses and dispensing of medical cannabis and the effects etc on polypharmacy with other medications. On the conference call , they stated that they  already have the capabilities in place for compounding cannabis products whether it be oils, creams etc. The Kari device is also interesting. It has the capabilities for facial recognition , p;us visual and audible signals when to take medication. If not taken, then family members, etc, are signalled. If anything, it will prevent overmedicating by a person taking medications. 
Looked to me like a good pick for ceo. Also, like the fact that they are focusing more on the cannabis approval and Kari implementation in summer 2018, than the Quebc beds. Surgical division keeps increasing capacity. Up to 49 per cent.  Could be an interesting year for Centric. I hold long term. 
Bullboard Posts