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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 18, 2022 8:48pm
133 Views
Post# 34611923

RE:RE:Presentation - April 7

RE:RE:Presentation - April 7
zinger99 wrote: Slow and steady Mugsy.
Exciting next couple of years as we continue to grow. Major catalyst could be a big take-out of remaining competitor, movement into a new province or opening of a new higher return business line....not certain we ought to look at foreign markets given the inherent complexities.....
I am very impressed with how this leadership executes the business. 


For legal reasons, not sure they will be allowed to take out the remaining large competitor.
I think they will instead bid to win smaller players - which will take time as contracts complete and new bidding takes place.

Also, sounds like they have their eyes set on completing the national foot print to some degree.

It was Murphy who brought up the idea of looking to Australia for future growth.  The timing on that may have pushed out but I'm sure he will look to make a Canadian story more of an international story ... one day.  No rush.

Whatever happens - happens!  It's working from a strategic perspective.
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