representative work

CloudMD to Sell Pharmacies to Neighbourly Pharmacy for $3.8 Million

10/31/2022

On October 31, 2022, CloudMD Software & Services Inc., a healthcare technology and innovative health services company transforming the delivery of care, announced that it has entered into a definitive agreement with Neighbourly Pharmacy Inc. for the sale of its British Columbia based pharmacies for approximately $3.8 million. Under the Agreement, CloudMD has agreed to sell Neighbourly its two brick-and-mortar retail pharmacies, Cloverdale Pharmacy Ltd. and Steveston Health Centre Ltd., located in Surrey and Richmond BC, respectively.

Cassels is acting for CloudMD.

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