Orion Health inks technology deal with Boots UK - not enough to reverse sliding share price

Wed, 30 Sep 2015

By Fiona Rotherham Sept. 30 (BusinessDesk) - Orion Health, the listed healthcare system software developer, announced a deal to roll out its technology to 2,400 Boots community pharmacy stores across the UK and Ireland. The value of the contract has not been disclosed but chief executive Ian McRae said it was a mid-sized deal for Orion and potentially reaches 750,000 Boots customers. The announcement wasn't enough to reverse a 48 percent decline in Orion's stock since its listing last November, and the shares fell 2.7 percent to $3.25 tod...

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