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Empower Clinics Inc EPWCF

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.


GREY:EPWCF - Post by User

Post by StanPippen5on Aug 13, 2021 1:42am
255 Views
Post# 33699305

What does the five-year pipeline look like?

What does the five-year pipeline look like? Steve McAuley So, the five-year pipeline is to develop a multibillion-dollar multinational healthcare company that's up-listed in the major markets in the world. That has built tremendous brand assets. I feel like what we're putting together is an organization that's probably going to be lean, corporate entity with strong divisions with a layer of support for those divisions in unique ways, whether it's branding or marketing or HR, IT, whatever. And, you know, the healthcare sector is just phenomenally strong, it's also phenomenally, huge. So, if we get ourselves, you know, out of the sort of regulatory characteristics of those assets. Were 100% pure play healthcare. I feel like we have quite the, interesting, unique strategy that's coming together with our healthcare centers. Our testing capabilities, and R&D through Kai, great new product companies like Medisure, combined with this partnership through pharmacies. Its such an efficient model. So, it speeds our time in market to open clinics. It speeds the increase in patient rosters walk into a community with one of our pharmacy partners, we've got their many 10s of 1000s of customers slash patients to access immediately. It also dramatically reduces our costs, because the costs are shared with them. So reduces our tenant improvement costs in market. On the product side, we now have the pharmacies provide distribution along with our direct-to-consumer ecommerce platforms. So, I feel like so as example take Save On Foods so when we're finalizing the transaction for the COVID test to get that deal done with Eric Jung, we wrap it up, we are ready to announce and we were quite far down the deal with Medisure. You know I just sort of said Gary, we've got a great, you know, we got a great product company coming along that looks promising. I'm going to come back and whisper you're here to close it. And weve done the same thing with Rexall and PharmaChoice and everybody else. They all know we're coming with increased product strategy, whether it's a box that we developed through R&D at Kai, or a great acquisition like Medisure we're leveraging those relationships. We have our lane with pharmacies and pharmacies up their way. So long term is, that's my vision of long-term execution is the key. We've got to get done, each and every day. We've got to be so diligent work so hard, but start to work smarter as well. It's not always just about pure hard workers and also income for efficiencies in a better organization.
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