MedX Holdings Inc. purchased BioHydro LLC, a servicing arm that will manage the development, infrastructure and construction of a processing facility in Arizona, with a view to targeting approximately 2 trillion gallons of pharmaceutical-grade water on 163-acre land parcels.

MedX said the deal marks its foray into a new industry sector, adding that it is reviewing its current residential real estate and construction units for potential unwinding to fully focus on its entry as a service provider to the pharmaceutical industry.