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An update from Pharmacorp Rx Inc. ( (TSE:PCRX) ) is now available.
PharmaCorp Rx Inc. has announced a non-binding letter of intent to acquire prescription files, patient records, and related operational data from a pharmacy in Western Canada, located in the same community as one of its existing PharmaChoice-bannered pharmacies. The acquisition, valued at $350,000, will be completed with cash on hand and is expected to close in the first quarter of 2026. This move is part of PharmaCorp’s national consolidation strategy to enhance operational efficiency and long-term shareholder value by integrating scalable opportunities that complement its existing pharmacy footprint.
More about Pharmacorp Rx Inc.
PharmaCorp Rx Inc. is a Canadian pharmacy acquisition and ownership platform focused on empowering pharmacists as equity partners and supporting succession for retiring pharmacy owners. The company is building a national network of community pharmacies under the PharmaChoice Canada banner, currently operating seven such pharmacies. PharmaCorp is committed to acquiring both PharmaChoice Canada bannered and independent pharmacies across Canada, rebranding non-bannered locations under its strategic alliance with PharmaChoice Canada.
Average Trading Volume: 127,461
Technical Sentiment Signal: Sell
Current Market Cap: C$66.93M
See more insights into PCRX stock on TipRanks’ Stock Analysis page.