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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
Comment by mayorkghon Jan 19, 2019 6:46am
277 Views
Post# 29254959

RE:RE:Why the big jump in volume?

RE:RE:Why the big jump in volume?I have heard that there are numerous potential buyers for the surgical division, that the company is assessing the offers, and that a sale at an attractive price is imminent. This, plus, the sale of the Alberta retail pharmacies should allow Centric to retire most of their debt. Furthermore, their 20% interest in AceAge (Karie device) will at some point be worth a multiple of the initial $2-3  million investment. I expect the sp will go up to $0.50 in the short term and much higher in the long term as they focus exclusively on their core pharmacy services business. 
Bullboard Posts