Mednow’s Quebec location serves all of Quebec with its
pharmacy delivery distribution center plus virtual and in person
patient consultation space.
Mednow Inc. (“Mednow” or the “Company”) (TSXV:MNOW)
(OTCQX:MDNWF) Canada’s on-demand virtual pharmacy, is officially
open to serve patients in Quebec. This newest Mednow location will
serve as the pharmacy distribution center (the “Quebec Pharmacy
Distribution Center”) for all Mednow customers in Quebec, offering
Mednow’s fast, free prescription delivery and deep commitment to
holistic, pharmacist-led patient care.
In addition to creating space for in-person pharmacist
consultations and clinics, the ~6,300 sq. ft. facility prioritizes
virtual patient care with a thoughtfully designed space for
multiple pharmacists to do real-time private virtual patient
consultations and medication reviews and provide virtual clinic
services and prescriptions for minor ailments.
Mednow Director of Pharmacy, Quebec Raji Al-Kurdi, PharmD, is a
Certified Diabetes Educator (CDE) and joins other Mednow CDEs in
furthering Mednow’s commitment to holistic patient care, including
managing chronic conditions such as diabetes. This latest expansion
for Mednow is made possible in part through an affiliation with
Pharmacie Raji Al-Kurdi Inc.
“I studied to become a pharmacist out of a deep desire to help
people,” said Raji Al-Kurdi, Mednow Director of Pharmacy
Operations, Quebec. “Mednow and Pharmacie Raji Al-Kurdi Inc. are
deeply aligned on this commitment to the best patient care, built
on a solid online pharmacy foundation which made joining together
an easy decision.”
“We’re thrilled to serve Quebec. Launching in Quebec is in line
with our goal of being a truly national virtual pharmacy operating
all across Canada, serving Mednow patients where they live and
work,” said Ali Reyhany, Mednow CEO. “The goal of having a physical
presence serving each province ensures we are able to deliver on
our core commitment of providing the highest level of care for
individual patients and benefits plan administrators, in turn
driving sustainable business growth for Mednow.”
Mednow is focused on improving delivery of pharmacy services in
Canada through digitization to provide better patient access to
pharmacists, doctors and other healthcare professionals.
“We believe patients have the right to benefit from
technological advances and enjoy the same level of convenience and
efficiency as other industries, and that’s why we have strived the
build a progressive pharmacy,” Reyhany said.
The Quebec Pharmacy Distribution Centre is located at 4800
Dobrin Street, local 101, Saint-Laurent, QC. It is powered by
modern automated prescription fulfillment and dispensing
technology. This newest addition to Mednow’s growing national
footprint enables fast, free prescription delivery often the same
day to Montreal Island, North Shore and South Shore, next day
delivery to other major centers and two+ day delivery to rural
areas.
The Quebec Pharmacy Distribution Center is owned by Pharmacie
Raji Al-Kurdi Inc. and is operated pursuant to a franchise
agreement (the “Franchise Agreement”) between Mednow and Pharmacie
Raji Al-Kurdi Inc. ("Franchisee").
Pursuant to the Franchise Agreement, Mednow will provide the
Franchisee with the following: (1) access to technological
infrastructure, including the Mednow web and mobile application,
(2) future access to Mednow’s telemedicine/virtual care online
platform, (3) access to purchase medications from large suppliers
and wholesalers, (4) access to Mednow’s shared support functions
such as human resources/payroll and finance, (5) the ability to
benefit from Mednow's national marketing campaigns, and (6) access
to use some of the Mednow's pharmacy equipment.
About Mednow
With the Mednow app (Apple | Android | web browser) or by
calling 1-855-MEDNOW-1 (1-855-633-6691) Mednow patients — including
busy parents juggling multiple prescriptions, caregivers, and
seniors — can interact with pharmacists for things like medication
reviews, care plans and consultations. Mednow patient’s vital
prescription medications are delivered fast and free, often the
same day depending on location. Refills arrive automatically.
Over-the-counter medications and supplements also ship free when
accompanying a prescription delivery.
Mednow patients can also easily view their full medication
history and receive automatic prescription refills.
Mednow’s PillSmart™ makes daily medications and supplements easy
to take and hard to forget. PillSmart safely packages medications
into easy to open individual packs, each printed with the contents,
date and time of the next dose. This helps ensure patients don’t
forget their important medications and supplements and helps
eliminate accidental double-dosing. Mednow also offers Karie, an
automatic medication dispenser that organizes, schedules, and
delivers medication with the touch of a button.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements:
This release includes certain statements and information that
may constitute forward-looking information within the meaning of
applicable Canadian securities laws. All statements in this news
release, other than statements of historical facts, including
statements regarding future estimates, plans, objectives, timing,
assumptions or expectations of future performance, are
forward-looking statements and contain forward-looking information,
including statements relating to: the capabilities of the Quebec
Pharmacy Distribution Centre, the goal to have a physical presence
serving each province, Mednow’s focus on improving delivery of
pharmacy services in Canada through digitization to provide better
patient access to pharmacists, doctors and other healthcare
professionals, Mednow’s ongoing plan to build a progressive
pharmacy, Mednow’s obligations to the Franchisee and of the
Franchisee under the Franchise Agreement and the capabilities of
Mednow’s PillSmart™ and nutraceutical offerings.
Generally, forward-looking statements and information can be
identified by the use of forward-looking terminology such as
“intends” or “anticipates”, or variations of such words and phrases
or statements that certain actions, events or results “may”,
“could”, “should”, “would” or “occur”. Forward-looking statements
are based on certain material assumptions and analysis made by the
Company and the opinions and estimates of management as of the date
of this press release, including that the Franchisee will comply
with its obligations under the Franchise Agreement, that the
Franchise Agreement will not be terminated early, that the Quebec
Pharmacy Distribution Center and the partnership between Mednow and
the Franchisee will be successful, that there will be no adverse
changes in government regulations of the healthcare industry,
stability in financial and capital markets, that Mednow will be
successful in opening additional fulfillment centers, integrating
and optimizing technologies, growing its network of patients,
doctors and pharmacies, and lowering costs and expectations
regarding the level of disruption as a result of the COVID-10
pandemic and the conflict in eastern Europe.
These forward-looking statements are subject to known and
unknown risks, uncertainties and other factors that may cause the
actual results, level of activity, performance or achievements of
the Company to be materially different from those expressed or
implied by such forward-looking statements or forward-looking
information. Important factors that may cause actual results to
vary, include, without limitation that the Franchise Agreement will
be terminated, that the Franchisee will fail to comply with its
obligations under the Franchise Agreement, or act or omit to act in
a way that adversely impacts the Quebec Pharmacy Distribution
Center or Mednow’s reputation, that Mednow will not be successful
in opening additional fulfillment centers, integrating and
optimizing technologies, expanding its network of clients and
partners, and other risk factors set out in the Company’s annual
information form dated February 11, 2022 for the year ended July
31, 2021 available for review on the Company’s profile at
www.sedar.com . Although management of the Company has attempted to
identify important factors that could cause actual results to
differ materially from those contained in forward-looking
statements or forward-looking information, there may be other
factors that cause results not to be as anticipated, estimated or
intended. There can be no assurance that such statements will prove
to be accurate, as actual results and future events could differ
materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on forward-looking
statements and forward-looking information. Readers are cautioned
that reliance on such information may not be appropriate for other
purposes. The Company does not undertake to update any
forward-looking statement, forward-looking information or financial
out-look that are incorporated by reference herein, except in
accordance with applicable securities laws.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220824005354/en/
Investor Relations: Benjamin Ferdinand, CFO ir@mednow.ca
1.855.686.6300
Mednow (TSXV:MNOW)
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