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CareRx Corp T.CRRX

Alternate Symbol(s):  CHHHF

Healthcare
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

CareRx Corp
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Post by MrMugsyon Jul 13, 2021 11:37am
239 Views
Post# 33535836

Previous Acquisition in this Space ...

Previous Acquisition in this Space ...2018 - Amazon bought PillPack for $753M USD in a year when PillPack was on its way to revenues of $299M.

Also ...

2020 - UnitedHealth bought DivvyDose for $300M USD.  DivvyDose revenue was around $38.3M (best I can find).

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CRRX could be a very nice little international acquisition play in the future.
Assuming we're going to Australia (or similar) in the next year or two.
Just something to think about for  the future.
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