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CareRx Corp T.CRRX

Alternate Symbol(s):  CHHHF

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 Possibleidiot01on Jul 07, 2022 6:29am
162 Views
Post# 34807518

RE:Five years ado $ 15.00 and today $ 3.75 …

RE:Five years ado $ 15.00 and today $ 3.75 …I have to think the investors of 5 years ago have mostly moved on . The company , then called Centric Health was a very different company ; it would be like comparing Blackberry to Research in Motion. Centric was a fast growing house of cards built on debt .
The market isn't about the past but about the future as in is there value currently.
I do share some of your concerns but I can't help thinking the reason that they haven't been sued by any of their long term care customers is because they do a good job.
As far as access to the Karie technology (unless you're an insider ,and have knowledge)  a direct investment could be the only way to have gotten access? In other words , licensing before investing may not have been an option
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