Canadian Pharmacist Group Appoints Pharmapod Assets Receiver

The Canadian Pharmacists Association (CPA) has appointed a receiver for certain assets of Pharmapod, an Irish software company that has developed a cloud-based platform to reduce medication errors for patients.

according to a deposit with the Companies Registration Office and Iris Oifigiúil, a receiver was appointed by the CPA on the assets of Pharmapod as part of a loan agreement concluded in March 2018. The file indicates that the assets controlled represented “all or substantially all of the assets of the company” .

The Canadians have appointed Tom O’Brien of Mazars as receiver and manager, according to the filing and Iris Oifigiúil.

According to Irish time, CPA invested C $ 3 million (€ 2 million) in Pharmapod in 2018. The investment came less than a year after Pharmapod, which was established in 2012 by CEO Leonora O’Brien, won a tender to implement an error reporting system. for drugs in over 4,300 pharmacies in Ontario.

Last year the Irish time also reported that Pharmapod is on the verge of closing a € 3.5million round.

A press release also said that Pharmapod will advocate for the HSE contract for the online system to help with the rollout of the Covid-19 vaccination. He said the company “will come to market soon” with its cloud-based solution for vaccine deployment globally and has partnered with the International Pharmaceutical Federation on the project.

Pharmapod Says Its App Streamlines The Vaccine Delivery Process By Enabling Patients To Make Vaccination Appointments, Track Side Effects And Provide Real-Time Information To Healthcare Professionals And Public Health Agencies .

Attempts were made to contact Pharmapod, but the Independent Sunday did not receive a response.

The CPA did not respond to a request for comment.

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