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Think Research Corporation V.THNK

Healthcare Medical Devices
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

Think Research Corporation > Solid news not expected!
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Comment by dt_coreon Oct 06, 2023 8:43am
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Post# 35672726

RE:RE:Solid news not expected!

RE:RE:Solid news not expected!It's positive news. I would estimate that this deal is worth about $2M in high margin revenue annually ($5,000 per location x 400 locations). 

I'm still waiting to hear about the 2 large contracts they have allegedly won but have not yet commenced. Once those start presumably, they will have a press release. Also waiting to hear more about embedding their SaaS into larger software company product suites, which is what they discussed as a new source of revenue last quarter.

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