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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 Jan 20, 2022 8:41pm
176 Views
Post# 34340677

CRRX - Stephen T - Strong Buy

CRRX - Stephen T - Strong BuyThe #1 institutional pharmacy player with 23% market share.

Stock did well last year, cheap now.
Organic and acquisition growth.
Becoming really well managed.
Automating fulfillment centres to improve margins.
Equity raises caused it to tread water.
Solid baseline, should trend up nicely.
Demographic tailwind.
Getting into medical supply distribution.
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Dealroom for high-potential pre-IPO opportunities