Mergers & Acquisitions

Toronto-based CareRx—which provides pharmacy services to hundreds of Ontario retirement homes—has agreed to buy Hogan Pharmacy Partners Ltd.

Resisting temptation to grow and being sensitive to the concept of taking on too much or taking on tasks that are less like the ones we already have in play bring opportunity and risk. The right growth sets up future success. The wrong growth stretches our elastic too thin.

The company's newly acquired technology is already helping about 400 independent pharmacists across the country increase uptake of clinical services while creating backend efficiencies.

The companies GSC is buying focus on complex and chronic disease management, respectively.

Lifemark, owned by Audax Private Equity, provides physiotherapy, massage therapy, occupational therapy, chiropractic, mental health and other rehabilitation services.

Often, in the rush to incorporate, I find the downside of medical incorporation can either be glossed over by advisors, not well understood by physicians, or both.

This is based on recently released documents from the Ontario Superior Court of Justice referring to the Companies' Creditors Arrangement Act, which is overseeing the financial insolvency matters at LU.

The chief executive at Waterloo, Ont. innovation hub Communitech has spent much of the pandemic hearing about hospitals worried about dwindling inventories of COVID-19 tests, while companies less than 80 kilometres away have the ability to make more.