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CareRx to acquire Ontario’s Hogan Pharmacy Partners in C$4.4M stock-and-debt deal

CareRx to acquire Ontario’s Hogan Pharmacy Partners in C$4.4M stock-and-debt deal

CareRx Corporation (TSX:CRRX) CEOo David Murphy tells Proactive that it has agreed to acquire Hogan Pharmacy Partners Ltd, a pharmacy serving about 725 residents in long-term care and retirement homes in Ontario, in a stock-and-debt transaction valued at C$4.4 million. The Toronto-based company said the acquisition adds an innovative pharmacy services delivery model with meaningful organic growth expected from existing customers.

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