Canaccord Genuity acts as Exclusive Financial Advisor to PipelineRx on its acquisition by an undisclosed strategic buyer

Canaccord Genuity is pleased to announce that on August 18, 2020, PipelineRx was acquired by an undisclosed strategic buyer. Canaccord Genuity acted as exclusive financial advisor to PipelineRx.

PipelineRx is a leader in comprehensive medication management solutions, providing proprietary pharmacy software, telepharmacy services and clinical solutions to more than 600 hospital and health system facilities in the U.S. and Canada. By optimizing pharmacy workflows and enabling more than 20 million medication orders to be processed annually, PipelineRx generates significant labor cost savings, supports clinical interventions that improve patient outcomes and drives standardization of care.

The Canaccord Genuity team consisted of Dudley Baker, Fred Fang and Rob Higham.