Synergy Medical BRG makes Canada’s Profit 500 list

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MONTREAL — Pharmacy automation provider Synergy Medical BRG made this year’s Profit 500 list of Canada’s fastest-growing companies, published by Maclean’s magazine and at CanadianBusiness.com.

The Profit 500, in the October issue of Maclean’s, ranks Canadian businesses by their five-year revenue growth. Synergy Medical came in at No. 495 overall with five-year revenue growth of 78%.

“It is an honor for Synergy Medical to be classed among the fastest-growing Canadian companies, and to be given the Profit 500 designation.” stated Jean Boutin, president and founder of Longueuil, Quebec-based Synergy Medical. “It is the unwavering dedication and sustained efforts of our team that has allowed Synergy Medical to provide market-leading automation solutions to pharmacies and, consequently, to receive this recognition.”

Launched in 2008, Synergy Medical designs, manufactures and installs automated systems that enable pharmacies to efficiently and accurately prepare medication compliance packs. These specialized pill boxes help pharmacy patients adhere to their prescription drug regimens.

Synergy Medical said it has installed more than 300 SynMed and SynMed Ultra systems in North America and Europe, at independent pharmacies as well as at central production facilities for pharmacy chains.

The SynMed Ultra pharmacy robot was launched this past summer. Synergy Medical said the beta site for Ultra was the central fill facility of Jean Coutu, one of Quebec’s leading drug chains, and that it has SynMed installations in more than 60 Jean Coutu pharmacies.

“It is never easy to earn a spot on the Profit 500, but this year’s applicant pool was the most competitive yet,” according to Deborah Aarts, program manager for Profit 500. “This year’s winners demonstrate the resilience, innovation and sheer management smarts it takes to build a thriving business today. Canada — and the world — needs more entrepreneurial success stories like these.”

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