TSXV:KHRN.H - Post by User
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FundyPickson Mar 26, 2021 2:16am
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Khiron clinic network expending faster than anticipated.
Khiron clinic network expending faster than anticipated. Latest Update: March 25th, 2021
On March 18, 2021, Khiron clinics network named Zerenia announced on Facebook the opening of their new clinic in Pereira, Colombia. This is ahead of our expectations. Following the recent opening on their new clinics in Cali and Bucaramanga, Colombia, the company announced its intention to open 3 new clinics by the end of Q2 (accelerating the pace of expansion). We were expecting those 3 clinics in 2 or 3 months but the first one arrived already in Q1. Increasing our confidence that the company is capitalizing quickly on its first mover advantage in Colombia B2C (Business to Consumer - Patients). We will follow closely their execution, but for now we are impressed.
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