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Think Research Corporation V.THNK

Think Research Corporation is a Canada-based company that offers digital health software solutions. It is a provider of cloud-based data, knowledge, and software solutions primarily delivered as software-as-a-service (SaaS) to healthcare delivery systems and the practitioners that they support. Its operations are organized into three lines of business: Software and Data Solutions, Clinical Research, and Clinical Services. Its SaaS solutions help patients find, navigate, and connect to health services across large governments and payer clients, while also ensuring safety for prescribed medications at pharmacies. Through its wholly owned subsidiary, BioPharma Services Inc., the Company provides research data and analysis derived from Phase I clinical trials, bioequivalence studies and bioanalytical services. Its clinics act as a test bed for its software and technology, transforming them with digital solutions that optimize clinical outcomes, streamline workflows, and optimize billing.


TSXV:THNK - Post by User

Post by dt_coreon May 19, 2022 9:37am
124 Views
Post# 34694994

New Contract

New ContractToday's news release, while relatively small in announced size, is very encouraging. Getting a large global pharma company to come on board is a validation of the business models potential. Typically clients start with a small contract trial period (which is why this one ends after 2023) before expanding their use of the service. Significant operating leverage with these types of deals which means most of that revenue will flow to the bottom line.
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