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Ultrack Systems Inc. (OTC: MJLB) Adds PUR Botanicals as Strategic Partner in PUR Rx Joint Venture: A Fully Vertically Integrated Natural Health Pharmacy Targeting Explosive Growth
GlobeNewswire News Roomยท2025-08-08 13:00

Core Insights - Ultrack Systems Inc. has announced a joint venture named PUR Rx with PUR Botanicals Ltd. and Synergy Health Rx Corp. to create a vertically integrated natural health and wellness pharmacy platform aimed at transforming patient care models in Canada [1][3]. Group 1: Joint Venture Structure - The joint venture, PUR Rx, will provide a streamlined patient experience from prescription to product delivery, leveraging the distinct capabilities of each partner [2]. - PUR Botanicals Ltd. will enhance product diversity and direct-to-patient services due to its recently improved licensing status, marking a shift from a B2B provider to a consumer-facing brand [2][4]. Group 2: Revenue Model - PUR Rx is projected to generate diversified revenues through direct-to-patient sales, white-label products, and educational programs [6]. - With conservative estimates of 12,500 active patients spending an average of $125 per month, PUR Rx could achieve annualized gross revenue of $18.75 million in its first year [7]. Group 3: Operational Capabilities - PUR Botanicals will manage pharmacy operations, product storage, and compliance with Health Canada regulations, ensuring high safety and quality standards for medical products [5][10]. - The operational oversight will include real-time inventory management and fulfillment processes to ensure efficient product delivery and patient care [5]. Group 4: Strategic Roles - Ultrack Systems Inc. will lead marketing, branding, and investor outreach for PUR Rx, aiming to create a controlled and compliant patient pipeline [3][4]. - Synergy Health Rx Corp. will focus on patient onboarding, prescription issuance, and ongoing educational support to ensure personalized care [4][9].