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CareRx Corp CHHHF


Primary Symbol: T.CRRX

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

Comment by MrMugsyon Apr 19, 2021 9:55am
84 Views
Post# 33021250

RE:RE:Most transformative to date.. Increases patients 70%.

RE:RE:Most transformative to date.. Increases patients 70%.
pacer217 wrote: MERELY MASSIVE news!!
The revenue increase ( about 150 Mills. ) about 85 perecnt of 2020's total,  wipes out the small net loss (18 Mil..)  and instantly - after closing - makes this a large profitable company in a very fast growing needed business.  Price paid seems very fair when adding in the payment of only one million shares, which will be worth about 6.1 million $$, ( my guess)  when they pay up in two months!  ( plus the small cash payment )
WELL DONE.  Should have more shares - NUTS!


Looking at their presentation, looks like they purchased the largest competitor they had.
Puts them in full control of this market in Canada.
Nice to see !!!
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