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Avricore Health’s HealthTab™ Platform Expands to North Central London in Groundbreaking NHS Pharmacy-Led Cardiovascular Project
Globenewswire· 2025-07-10 11:00
VANCOUVER, British Columbia, July 10, 2025 (GLOBE NEWSWIRE) -- AVRICORE HEALTH INC. (TSXV: AVCR) (the "Company" or “Avricore”) is pleased to announce the expansion of its HealthTab™ platform into pharmacies in North Central London—making it the second NHS Integrated Care Board (ICB), after North East London, to join this groundbreaking initiative aimed at tackling health inequalities through cholesterol screening. Six (6) new HealthTab™ systems were deployed in this phase, expanding the UK network to thirte ...
NextPlat (NXPL) Earnings Call Presentation
2025-07-02 11:12
JuLY 2025 : NXPL Forward-Looking Statement This presentation contains forward-looking statements and projections. The Company makes no express or implied representation or warranty as to the completeness of this information or, in the case of projections, as to their attainability or the accuracy and completeness of the assumptions from which they are derived, and it is expected that each prospective investor will pursue his, her, or its own independent investigation. It must be recognized that estimates of ...
CVS Surges on Regulatory Relief, Medicare Advantage Push: Time to Buy?
ZACKS· 2025-06-17 20:00
Core Insights - CVS Health's stock has surged by 53.7% in 2025 due to strong operational performance and a favorable regulatory outlook [1][9] - The company raised its full-year 2025 EPS guidance, reflecting solid execution across all business segments [1] - CVS is focusing on operational excellence and transforming healthcare delivery through digital innovation and improved access [1] Regulatory Environment - The removal of proposed Medicare Advantage and PBM limitations from the Senate tax bill has reduced near-term policy risk for CVS [2][6] - This legislative change enhances CVS's pricing power and margin potential through its Caremark division, which manages drug benefits for millions [7] - The confirmation that Medicare Advantage cuts have been dropped is beneficial for CVS's insurance arm, Aetna, supporting revenue stability and investment in member-centric services [8] Market Performance - Year-to-date, CVS's stock has outperformed the broader Medical sector, S&P 500, and competitors like Herbalife and Walgreens [3] - While Herbalife and Walgreens gained 17.7% and 22.1% respectively, the S&P 500 rose only 1.8%, and the Medical sector declined by 1.6% [3] Operational Efficiency - CVS is streamlining access and lowering costs, with 95% of Aetna's prior authorization requests processed within 24 hours [10] - The pharmacy segment processes over 1.7 billion prescriptions annually, maintaining high medication adherence among Medicare Advantage members [11] - CVS is expanding access to critical therapies, partnering with Novo Nordisk to offer Wegovy at lower costs and leading the U.S. market with its low-cost Humira biosimilar, generating over $1 billion in savings for clients [12] Valuation - CVS Health's forward 12-month price-to-earnings (P/E) ratio is 10.37X, which is a discount compared to the S&P 500's 21.86X [15] - The stock trades at a premium to competitors like Walgreens and Herbalife, which have average P/E ratios of 7.63X and 3.77X respectively [16] - The premium may be justified by CVS's scale, efficiency, and strategic focus on digital health and value-based care [16] Investment Outlook - CVS Health's strong stock performance, improved operational outlook, and favorable regulatory environment make it an appealing investment opportunity in 2025 [17] - The company's diversified business model and initiatives to improve care access and affordability reinforce investor confidence [17]
Avricore Grants Options
Globenewswire· 2025-06-14 05:05
Company Overview - Avricore Health Inc. is a pharmacy service innovator focused on acquiring and developing early-stage technologies aimed at advancing pharmacy practice and patient care [5] - The company's flagship offering, HealthTab™, aims to create the world's largest network of rapid testing devices in community pharmacies [5] Stock Options Announcement - The board of directors of Avricore has approved the granting of stock options for a total of 4,100,000 common shares at an exercise price of CAD $0.05 per share [1] - The options will vest quarterly starting from the date of grant and will expire 5 years from the grant date, contingent on the optionees remaining in their roles [2] HealthTab™ Product Details - HealthTab™ is a point-of-care testing solution that provides lab-accurate results from just a few drops of blood, with real-time data reporting [3] - The test menu includes up to 23 key biomarkers for chronic disease management, including diabetes and heart disease, and has recently added capabilities for bacterial and viral tests [3] HealthTab™ Network Model - The HealthTab™ network model enhances the role of pharmacists in primary care delivery and empowers patients to take control of their health [4] - It aims to reduce costs and waiting times while providing multiple revenue streams, including equipment leasing, direct access testing, and decentralized clinical trials [4]
Avricore Appoints Rodger Seccombe as CEO
Globenewswire· 2025-06-05 11:00
VANCOUVER, British Columbia, June 05, 2025 (GLOBE NEWSWIRE) -- AVRICORE HEALTH INC. (TSXV: AVCR) (the "Company" or "Avricore") is pleased to report the appointment of Rodger Seccombe as CEO of the Company. Mr. Seccombe currently serves as Chief Technology Officer of Avricore and is the President and Co-Founder of its wholly owned subsidiary, HealthTab™ Inc. David Hall, Chairman of the board stated, "In his role as Avricore's CTO Rodger has been instrumental in the development of the Company's flagship Healt ...
GoodRx(GDRX) - 2025 Q1 - Earnings Call Transcript
2025-05-08 13:00
Financial Data and Key Metrics Changes - Total revenue for Q1 2025 was $203 million, reflecting a 3% increase year-over-year [25] - Prescription transaction revenue and manufacturer solutions revenue increased by 217% year-over-year [25] - Adjusted EBITDA for Q1 2025 was $69.8 million, an 11% increase year-over-year, with an adjusted EBITDA margin of 34.4% [25] Business Line Data and Key Metrics Changes - The prescription marketplace and manufacturer solutions offerings saw significant growth, with a focus on enhancing partnerships with pharmacies and pharmaceutical manufacturers [10][18] - The integrated savings program (ISP) is being evaluated for expansion into non-covered medications, indicating a strategic shift to enhance value [17] Market Data and Key Metrics Changes - Over 12 million consumers and 750,000 healthcare professionals (HCPs) utilized GoodRx in Q1 2025, demonstrating strong platform engagement [9] - The company noted ongoing uncertainty in the macroeconomic environment, including regulatory changes and consumer sentiment shifts, which could impact business [11] Company Strategy and Development Direction - The company is focused on high-impact initiatives to strengthen its position in the pharmacy ecosystem, including leadership changes and strategic partnerships [5][6] - GoodRx aims to enhance its e-commerce capabilities and integrate more deeply with pharmacy operations to improve consumer experience and pharmacy profitability [16][21] - The company is committed to investing in its brand and expanding its value proposition to consumers and HCPs [13][22] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges posed by the Rite Aid bankruptcy and emphasized the importance of maintaining relationships with pharmacy partners to ensure smooth transitions for consumers [11][12] - The company remains optimistic about its future growth opportunities, particularly in expanding its partnerships and enhancing its service offerings [20][22] Other Important Information - The company ended Q1 2025 with $301 million in cash and $91.7 million of unused capacity on its revolving line of credit, indicating strong liquidity [25] - A share repurchase program is in place, with approximately $189 million remaining under the $450 million authorization [25] Q&A Session Summary Question: What are the most important high-impact initiatives for the company? - Management highlighted closer partnerships with retail pharmacies and expanding brand partnerships as key initiatives to drive growth [36] Question: How has the company historically managed store closures and consumer retention? - Management indicated that they are actively working to ensure smooth transitions for consumers during pharmacy closures, emphasizing the strength of the GoodRx brand [42][45] Question: What is the impact of the shift to cost-plus pricing by larger PBMs on the company's legacy model? - Management stated that a significant portion of their business already operates on cost-plus pricing, and they remain indifferent to the reimbursement mechanism [54] Question: Is there still an opportunity with GLP medications? - Management confirmed that opportunities with GLP medications continue to exist, and they are in discussions with manufacturers to enhance consumer access [58] Question: How does the company view its exposure to Medicare beneficiaries? - Management noted that less than 30% of users are Medicare eligible, and the impact of changes in Medicare out-of-pocket costs is minimal [93][95] Question: What is the company's strategy regarding biosimilars? - Management expressed optimism about the uptake of biosimilars and their alignment with the company's affordability narrative [97]
AVRICORE HEALTH CORPORATE UPDATE: 2024 record year, UK expansion on track
Globenewswire· 2025-05-01 11:30
VANCOUVER, British Columbia, May 01, 2025 (GLOBE NEWSWIRE) -- AVRICORE HEALTH INC. (TSXV: AVCR) (the "Company" or “Avricore”) reports on its year end 2024 and In the year ended December 31, 2024 revenue increased by 37% year over year to $4,785,711 and gross profit increased by 56% to $1,880,306.In the three months ended December 31, 2024 revenue increased by 5% year over year to $1,421,076 and gross profit increased by 18% to $589,930. “Launching and expanding HealthTab™ in North East London has been a mea ...