AMERI_1170x120_6-21-21

Tom Moffatt

Rx Drug Mart lands financing to grow pharmacy network

Rx Drug Mart lands financing to grow pharmacy network

MONTREAL — Startup Canadian drug chain Rx Drug Mart Inc. has obtained financing to fuel its growth strategy. BDC Capital said Monday that it has closed a $10 million minority equity investment in Toronto-based Rx Drug Mart (RxDM), alongside Persistence Capital Partners (PCP) and RxDM’s other existing shareholders. The equity investment finances RxDM’s acquisition of