PHARMACY software specialist Corum Group Limited has appointed James Nevile as its new Chief Operating Officer, as part of changes to "build a more effective and appropriate structure for future growth".
Nevile, who is a pharmacist by training, joins Corum from Fred IT where he oversaw the firm's e-prescribing rollout, while other appointments at the company include Eric Moschietto-Fransa who is leading the PharmX sales team.
Moschietto-Fransa joins Corum with extensive industry experience including roles with L'Oreal and PZ Cussons.
Zoe Hillier has also been promoted to Chief Financial Officer.
Redundancy costs associated with the restructure amounted to $434,000 during the last quarter, which also saw some "customer churn" after Corum discontinued one of its legacy dispensing products, Amfac.
An investor update noted the ongoing development of Corum Clear Suite which was showcased at APP2021 in May, in a series of interactive demonstrations with groups and pharmacy owners which were "well received and offered an opportunity to gain further customer insights and importantly, a number of new business opportunities," the company said.
Five new integration partners were added to the PharmX gateway during the quarter which saw utilisation increase 2.8% "indicative of increasing awareness and adoption of the platform and its services by pharmacy".
Corum ended the quarter with a cash balance of $6.5 million, with operating cashflow up 38% quarter on quarter, excluding redundancies.
The above article was sent to subscribers in Pharmacy Daily's issue from 02 Aug 21
To see the full newsletter, see the embedded issue below or CLICK HERE to download Pharmacy Daily from 02 Aug 21
