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Centric Health Announces Long-Term Agreements with Guardian and IDA Pharmacies

08 August 2016

TORONTO, Aug. 8, 2016 /CNW/ - Centric Health Corporation ("Centric Health") (TSX:CHH) today announced that it has entered into 10-year Business Development, Technology and Supply Agreements with Guardian and IDA Pharmacies. Under the Agreements, Centric Health, one of Canada's leading healthcare services company, will receive comprehensive distribution and pharmacy services from Guardian and IDA Pharmacies. Together, both companies have committed to explore partnerships that can result in the creation or extension of patient support initiatives that deliver better more efficient patient care by leveraging technology; a broad network of community based pharmacies; and, proven patient based interventions. Guardian and IDA Pharmacies has committed to identifying and investing in channels that drive efficiencies and create value in the areas of pharmacy automation, system communications, and distribution services.

"We are delighted to partner with Guardian and IDA Pharmacies, Canada's leading network of independent pharmacist dedicated to improving patient care through pharmacy services, and benefit from their leading expertise and assets including distribution solutions, automation, technology and medication management services." said David Cutler, President and Chief Executive Officer, Centric Health Corporation. "Our alignment and collective intellectual focus is in keeping with governments' "Patient First" objective to ensure greater safety and better patient outcomes."

Please click here for the complete press release.