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New provincial drug regulation means growth opportunity for Oakville's PharmaTrust

Earlier this month, the provincial government announced changes in Ontario's pharmacy regulations that will, as the announcement says, "enable prescriptions to be dispensed using remote dispensing technology without a pharmacist being physically present."

This is good news for Oakville-based tech firm PharmaTrust, whose technology MedCentre is designed specifically to enable remote prescription medication dispensing. Don Waugh, chairman of PharmaTrust's parent company, greeted the news, saying demand for his service is growing due to an aging population. "This is good news for patients who require greater access to pharmaceutical care."

The MedCentre technology is called a "pharmacy in a box" -- a station with a video monitor that allows patients to have a face-to-face consultation with a pharmacist even when they are located miles from the actual building that the pharmacist is in. It takes payments and dispenses drugs on the spot, eliminating the need to open whole new pharmacies in remote areas.

As the news of growth prospects arrives, the company is hiring now.

Writer: Edward Keenan
Source: Susan Fenton, PharmaTrust
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