NexgenRx NXG.V · CAD

Its shares trade on TSX Venture under the ticker NXG.V. It has been listed since 14 September 2006. In the fiscal year to 31 December 2025, it reported revenue before interest expense of C$17.9m and net income of C$1.3m. At that date it held total assets of C$36.6m and shareholders' equity of C$7.6m.

NexgenRX, Inc. engages in the design, management, and administers, adjudicates and pays drug, dental and other extended health-care claims for the beneficiaries of health benefit plans in Canada. The company is headquartered in Toronto, California. The company went IPO on 2006-09-14. The firm is engaged in the sale of its administration and health benefit claims adjudication services to organizations managing health benefit plans on behalf of plan sponsors, such as employers and associations, among others, and to the Canadian plan sponsors providing an Administrative Services Only (ASO) health benefit plan to their plan members. The health benefit claims include drug, dental, extended health and healthcare spending account claims. The firm sells its service on a fee-per-transaction basis, in addition to per member administration fees. The firm's Web-based product, theclaimsXchange.com, offers a platform, which allows various extended health providers to submit claims on behalf of their patients for benefits through a Web portal.

Figures and description from our data supplier, not checked against the company's own report.

• Mr. Thomas CorcoranIndependent Chairman of the Board, since 2004C$30,000
• Mr. Ronald LoucksPresident, Chief Executive Officer, Director, since 2003C$313,342
• Mr. Kelly EhlerChief Financial OfficerC$60,000
• Mr. Andrew MunroeSenior Vice President - Pharma and Payor PartnersC$169,401
• Ms. Linda BrennanDirector
• Mr. Charles BurnsDirectorC$22,500
• Mr. Randy McglynnIndependent DirectorC$20,000

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