Remedy’sRx Specialty Pharmacy / Centric Health Corporation
Specialty Pharmacy Operations
Remedy Holdings Inc. ("RHI") is a Canadian operator of specialty pharmacies based in Markham, Ontario with operations in British Columbia, Alberta and Ontario.
NewPoint has acted as the exclusive financial advisor to RHI since 2009. Over that period, NewPoint has advised, raised financing and assisted in the negotiations of each acquisition and divestiture that RHI has pursued. NewPoint advised on the successful closing of the sale of RHI's Specialty Pharmacy business to Centric Health Corporation, which was first announced publicly on March 24, 2020 and completed on May 7, 2020.
Centric Health is a Canadian Specialty Pharmacy services and solutions provider to senior citizens. Centric serves more than 31,000 residents in over 460 seniors communities (long-term care, retirement homes, and assisted living facilities) nationally.