Empower Clinics Inc EPWCF

Healthcare

Empower Clinics Inc. is a Canada-based integrated healthcare and medical device company with multi-disciplinary clinics. The Company provides body and mind wellness for patients through its medical clinics, digital and telemedicine care, medical diagnostics laboratories, and sale of medical devices. Its segments include Health & Wellness, comprising clinic operations, patient visits, and telemedicine services; Diagnostics & Technology, comprising the diagnostic testing services provided by Kai Medical, and the sale of medical equipment by Kai Medical Canada Corp. and MediSure; and Corporate. It is focused on offering clinical trial services, such as clinical trial design, patient recruitment, data management and regulatory compliance for the pharmaceutical, biotechnology and medical device industries. It has two clinical research sites in Dallas, Texas, becoming a site management organization (SMO) with six principal investigators (PI) with multiple clinical trials under application.

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Empower Clinics Inc > Empower Clinics Posts Q1 Revenues Of $2.0 Million, Net Loss

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Post by AwareInvestoron Jul 14, 2021 8:22am

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Empower Clinics Posts Q1 Revenues Of $2.0 Million, Net Loss

Empower Clinics this morning reported its first quarter financial results for the period ended March 31, 2021. The company saw total revenues for the period of US$2.0 million, while also recording a net loss of $25.2 million. Notably, the firm reported in US dollars yet headlined its news release with the Canadian dollar equivalent.

https://thedeepdive.ca/empower-clinics-posts-q1-revenues-of-2-0-million-net-loss-of-25-2-million/

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