TCGRx

Montreal, Canada Founded: 2006 • Age: 20 yrs Acquired By Progressive Care
Provider of medication adherence and robotic dispensing technologies
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About TCGRx

TCGRx is a company based in Montreal (Canada) founded in 2006 was acquired by Progressive Care in May 2018.. TCGRx has completed 1 acquisition, including Parata Systems. TCGRx offers products and services including Vial Filling, Adherence Packaging, Central Fill, Inventory Management, and Workflow Solutions. TCGRx operates in a competitive market with competitors including MedMinder Systems, Catalyst Healthcare, Careanimations, PharmaPoint and Boxifarma, among others.

  • Headquarter Montreal, Canada
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Parata Systems, Llc
Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
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Products & Services of TCGRx

TCGRx offers a comprehensive portfolio of products and services, including Vial Filling, Adherence Packaging, Central Fill, Inventory Management, and Workflow Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

High-speed system for automated vial dispensing in pharmacies.

Pouch and blister options to improve medication adherence for patients.

Centralized filling solutions for efficient pharmacy operations.

Systems to track and optimize pharmacy inventory levels.

Tools for streamlining daily pharmacy tasks and processes.

Funding Insights of TCGRx

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in TCGRx

TCGRx has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Frazier Healthcare Partners and Progressive Care. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Healthcare sector private equity investments are managed by the firm.
Founded Year Domain Location
Provider of drug compounding, medical billing, coding, and practice administration & risk management services
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by TCGRx

TCGRx has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Parata Systems. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Automated pharmacy dispensing and adherence packaging solutions are provided.
2001
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - TCGRx

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Tcgrx Comparisons

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Competitors of TCGRx

TCGRx operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MedMinder Systems, Catalyst Healthcare, Careanimations, PharmaPoint and Boxifarma, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Medication adherence is monitored via smart pillbox organizers.
domain founded_year HQ Location
Medication therapy is tracked through the full chain of custody.
domain founded_year HQ Location
Digital health company empowering pharmacies to provide personalized medication information to patients
domain founded_year HQ Location
Point-of-care and retail pharmacy management are integrated with clinical services.
domain founded_year HQ Location
Solutions for medication management are provided to pharmacies and patients.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Tcgrx

Frequently Asked Questions about TCGRx

When was TCGRx founded?

TCGRx was founded in 2006.

Where is TCGRx located?

TCGRx is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.

What does TCGRx do?

TCGRx was established in 2006 in Montreal, Canada, focusing on the healthcare technology sector. Medication adherence programs and automated robotic dispensing systems are developed and supplied by the company to support pharmacy operations. Services include integration of software for patient compliance tracking and hardware for efficient drug distribution. Operations are centered in North America, addressing needs in institutional and retail pharmacy settings.

Who are the top competitors of TCGRx?

TCGRx's top competitors include MedMinder Systems, PharmaPoint and Catalyst Healthcare.

What products or services does TCGRx offer?

TCGRx offers Vial Filling, Adherence Packaging, Central Fill, Inventory Management, and Workflow Solutions.

How many acquisitions has TCGRx made?

TCGRx has made 1 acquisition, including Parata Systems.

Who are TCGRx's investors?

TCGRx has 2 investors. Key investors include Frazier Healthcare Partners, and Progressive Care.

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