Project Description

About CareRX

CareRX’s vision is to be the leading provider of pharmacy and other healthcare services to Canadian seniors. CareRX is one of Canada’s leading, and most trusted providers of comprehensive Specialty Pharmacy services and solutions to seniors. CareRX operates a large national network of pharmacy fulfilment centres that deliver high-volume solutions for the cost-effective supply of chronic medication and other specialty clinical pharmacy services, serving more than 31,000 residents in over 460 seniors communities (long-term care, retirement homes, and assisted living facilities) nationally.

CareRX has signed a definitive agreement to acquire Remedy Holdings Inc and Remedy’sRx Specialty Pharmacy business.  Upon closing, CareRX will become the leading Canadian provider of specialty pharmacy services to seniors communities, serving over 50,000 residents.

With services that address the growing demand within the Canadian healthcare system, CareRX’s unparalleled national care delivery platform provides significant potential for future expansion and growth. 

carerx

Investee Company Founding Date (year) : 2001

Investee Company Partnering Date with Crown (year): March 2020

Loan Amount: $30 Million

Loan Type: Senior Secured Term Loan

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