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Hydreight Technologies Inc ( (TSE:NURS) ) has issued an announcement.
Hydreight Technologies Inc. has signed a definitive agreement to acquire a 5% equity stake in Perfect Scripts, LLC, with an option to increase this to 40%. This strategic partnership involves starting a 503B pharmacy in the United States and securing favorable pricing for products from Perfect Scripts. This move is expected to enhance Hydreight’s supply chain, improve pharmacy margins, and strengthen its market position through vertical integration, offering significant benefits to its partners and licensees.
The most recent analyst rating on (TSE:NURS) stock is a Buy with a C$8.50 price target. To see the full list of analyst forecasts on Hydreight Technologies Inc stock, see the TSE:NURS Stock Forecast page.
More about Hydreight Technologies Inc
Hydreight Technologies Inc. is a North American, fully integrated mobile clinical network that connects nurses, doctors, and pharmacy distribution. The company focuses on providing healthcare services through a mobile platform, enhancing accessibility and convenience for patients.
Average Trading Volume: 344,028
Technical Sentiment Signal: Buy
Current Market Cap: C$86.22M
For detailed information about NURS stock, go to TipRanks’ Stock Analysis page.