Empower Pharmacy
Houston-based Empower Pharmacy operates the largest U.S. 503A compounding pharmacy and an FDA-registered 503B outsourcing facility, serving over 33,000 prescribers and millions of patients across all 50 states with personalized and bulk compounded medications on a direct-pay basis.
- Company typePrivate
- Founded2009
- HeadquartersHouston, United States
- Headcount1,001–5,000
- GTM typeB2B and B2C
- OfferingHardware or Manufacturing
What Empower Pharmacy does
Empower Pharmacy is a Houston, Texas-based compounding pharmacy operating as both a 503A patient-specific compounding pharmacy and an FDA-registered 503B outsourcing facility — one of very few compounders with both registrations under a single corporate entity (legal name: Empower Clinic Services, L.L.C.). Founded in 2009 by CEO Shaun Noorian, the company operates a 380,000-square-foot manufacturing footprint in Houston plus a second sterile-manufacturing facility in East Windsor, New Jersey, acquired from Eugia US LLC (an Aurobindo Pharma subsidiary) for $52 million in May 2024. It is licensed to dispense in all 50 U.S. states plus Puerto Rico and serves more than 33,000 prescribers and several million patients.
The product portfolio spans compounded medications in men's and women's health, hormone replacement, weight management (notably GLP-1 injectable and orally disintegrating formulations of semaglutide and tirzepatide), longevity, IV therapy, dermatology, sexual health, mental health, and peptides, alongside distribution of commercial products such as Omnitrope and Tralement injectables. Distribution runs through prescriber direct orders (503A), a 503B bulk portal (officeuse.empowerpharmacy.com), pharmacy-to-pharmacy supply, telehealth-company partnerships, and a patient-facing mobile app supporting nationwide ground and overnight shipping with refrigerated cold-chain capability. Technology infrastructure includes Datadog, Salesforce, Revenue.io, and other AI/analytics vendors, with a dedicated technology transformation under CTO Goldi Goel (formerly of Amazon Pharmacy and Albertsons).
The business model is transaction-based, pay-as-you-go, with Empower deliberately not accepting insurance — eliminating PBM/payer middlemen to offer compounded medications at materially lower prices than branded equivalents (e.g., compounded semaglutide at $150–$400/month versus branded Ozempic/Wegovy at $900–$1,300/month). Growth has been funded primarily through operating cash flow and a senior subordinated debt facility from LO3 Capital (September 2023); no equity rounds are disclosed. Revenue grew from approximately $119 million in 2022 to roughly $370–$400 million in 2024, supporting an Inc. 5000 ranking in 2025. The company faces material regulatory and legal headwinds, including an FDA warning letter, an East Windsor Form 483 documenting microbial contamination, multi-state disciplinary actions, and active litigation from Eli Lilly over compounded tirzepatide.
Empower Pharmacy firmographics
Firmographics- Name
- Empower Pharmacy
- Legal name
- Empower Clinic Services, L.L.C.
- Website
- https://empowerpharmacy.com
- Company type
- Private
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Houston-based Empower Pharmacy operates the largest U.S. 503A compounding pharmacy and an FDA-registered 503B outsourcing facility, serving over 33,000 prescribers and millions of patients across all 50 states with personalized and bulk compounded medications on a direct-pay basis.
- Ownership category
- akta.pro rank
Empower Pharmacy industry classification
Industry- Product category
- Compounding Pharmacy Manufacturing
- NAICS
- Pharmaceutical Preparation Manufacturing (325412), Drugs and Druggists' Sundries Merchant Wholesalers (42421), Pharmacies and Drug Retailers (456110)
- SIC
- Pharmaceutical Preparations (2834), Wholesale-Drugs, Proprietaries & Druggists' Sundries (5122)
- akta.pro primary industry
- Compounding Pharmacies (Sterile/Non-Sterile) (HLAFALAE)
- akta.pro secondary industries
- Specialty Pharmacy & Complex Therapy Management Platforms (HLACAKAG), Injectables & Specialty Medication Support (e.g., insulin, biologics) (HSABALAG)
Keywords
Where Empower Pharmacy is headquartered
LocationHeadquarters
- HQ city
- Houston
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
Empower Pharmacy business model
Business model- GTM type
- B2B and B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Compounded Medications - 503A: Compounding pharmacy services for individual patient prescriptions submitted by healthcare providers. Serves patients across all 50 states with personalized medications in various therapeutic areas including hormone replacement, weight management, dermatology, mental health, longevity, and more. Does not accept insurance, eliminating middlemen to provide affordable medications.
- Compounded Medications - 503B Bulk/Outsourcing: Bulk compounding and outsourcing facility services for healthcare providers who administer medications in-office. 503B facilities produce larger batches for provider office use. Expansion with new 503B outsourcing facility in Houston in March 2025.
- Commercial Pharmaceutical Products: Distribution of commercially manufactured pharmaceutical products alongside compounded formulations, including products like Zomacton Injection, Omnitrope Injection, Tralement Injection, and other commercial medications listed in the product catalog.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Semaglutide / Cyanocobalamin Injection — $150 to over $400 monthly |
| Other | Pay-as-you-go | No insurance accepted — direct-to-patient/practitioner pricing |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels6 records
Empower Pharmacy product offering
Product offeringCore offering
Empower Pharmacy compounds personalized medications under Section 503A for individual patient prescriptions submitted by licensed prescribers across all 50 U.S. states, and produces bulk sterile and non-sterile compounded medications under Section 503B for healthcare provider offices and partner pharmacies. Its product portfolio spans hormone replacement, GLP-1 weight management (semaglutide, tirzepatide, including ODT formulations), men's and women's health, longevity, IV therapy, dermatology, peptides, and mental health, complemented by select commercial pharmaceutical products distributed through its pharmacy license. Orders are placed through a digital portal, mobile app, or API and shipped nationwide.
Product overview
Empower Pharmacy is the nation's premier 503A compounding pharmacy and FDA-registered 503B outsourcing facility, offering a comprehensive portfolio of compounded and commercial pharmaceutical products. The company operates as a dual-model pharmacy: its 503A services compound patient-specific medications for individuals with prescriptions from healthcare providers across all 50 states, while its 503B facility produces bulk compounded medications for healthcare provider offices. The product portfolio spans multiple therapeutic categories including Men's Health (testosterone preparations, enclomiphene), Women's Health (hormone therapies), Weight Management (GLP-1 medications including semaglutide and tirzepatide in both injectable and oral formulations), Longevity (NAD+ injections, growth hormone), IV Therapy (trace element injections, vitamin injections), Dermatology (copper peptide serums), Sexual Health, Mental Health, and Peptides. The company also distributes commercial pharmaceutical products and provides digital platforms including a mobile app and bulk ordering portal. Key trending products include Semaglutide/Cyanocobalamin Injection, Tirzepatide/Niacinamide Injection, Testosterone Cypionate Injection, NAD+ Injection, Sermorelin Acetate products, and GHK-Cu formulations. The company serves over 33,000 prescribers and several million patients nationwide.
Differentiator
Problem solved
Functional benefit
Products and services
- 503A Compounding Pharmacy Services Patient-specific compounding service in which licensed prescribers submit individual prescriptions for customized medications (sterile and non-sterile) that Empower compounds and dispenses to patients nationwide.
- 503B Outsourcing Facility Services Bulk compounding and outsourcing facility service that produces larger batches of sterile and non-sterile medications for healthcare providers to administer in-office and for partner pharmacies to redistribute.
- Semaglutide / Cyanocobalamin Injection Compounded GLP-1 receptor agonist injectable combining semaglutide with cyanocobalamin (Vitamin B12), prescribed for weight management by licensed providers.
- Tirzepatide / Niacinamide Injection Compounded dual GLP-1/GIP receptor agonist injectable combining tirzepatide with niacinamide, prescribed for weight management.
- Tirzepatide Oral Dissolving Tablet (ODT) Orally disintegrating tablet formulation of tirzepatide, providing a non-injectable alternative for weight management therapy.
- Testosterone Cypionate Injection Compounded injectable testosterone used for hormone replacement therapy in men with low testosterone.
- NAD+ Injection (Lyo) Lyophilized (freeze-dried) injectable formulation of nicotinamide adenine dinucleotide (NAD+) for longevity and anti-aging therapy.
- Sermorelin Acetate Injection Compounded injectable growth hormone-releasing peptide (GHRP) used for hormone optimization therapy.
- Sermorelin Acetate ODT Orally disintegrating tablet formulation of sermorelin acetate for hormone optimization.
- HCG Injection Human chorionic gonadotropin (HCG) injectable used for fertility treatments and hormone support.
- Enclomiphene Citrate Capsules Compounded selective estrogen receptor modulator capsules used to support testosterone in men.
- Nandrolone Decanoate Injection Compounded anabolic steroid injection used for hormone replacement and select medical conditions.
- Omnitrope Injection Commercially manufactured recombinant human growth hormone (somatropin) distributed through Empower's pharmacy license.
- Tralement Injection Commercially manufactured trace element injection (zinc, copper, manganese, chromium) for parenteral nutrition.
- GHK-Cu Facial Serum Copper peptide topical facial serum formulated to improve the appearance of skin texture.
- GHK-Cu Scalp Solution Copper peptide topical scalp solution formulated to support healthier-looking hair and scalp.
- Empower Pharmacy Mobile App iOS and Android mobile application that allows patients to view prescription information, request refills, securely message Empower staff, and manage pharmacy accounts.
- Bulk Portal (503B Ordering) Self-serve bulk ordering portal at officeuse.empowerpharmacy.com for healthcare providers and partner pharmacies to order 503B compounded medications.
Quantifiable outcome
- Revenue grew from approximately $119 million (2022) to over $370 million (2024), representing significant growth trajectory
- +2 more outcomes
Companies that use Empower Pharmacy
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles4 records
Empower Pharmacy technology and API
TechnologyTechnology focussed No
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability2 records
Feature6 records
Empower Pharmacy partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered minor and core.
- GuardianMDminorEmpower Pharmacy partnered with GuardianMD to host a 90-minute functional medicine webinar on February 4, 2025 at 6:30 PM EST. Dr. Chris Seitz, founder of GuardianMD, presented on functional medicine vs. traditional medicine. Jason Robbins of Empower Pharmacy hosted the session, which offered free nursing CE credits. GuardianMD supports over 600 clinics across the United States and provides remote medical oversight to non-physician clinicians.
- Eugia US LLC (Aurobindo Pharma Ltd.)coreEmpower Pharma acquired manufacturing assets from Eugia US LLC, a subsidiary of Aurobindo Pharma Ltd., in May 2024 for $52 million to strengthen capacity in sterile medication production for maternal health therapeutics. The acquisition established Empower's 503B outsourcing facility in East Windsor, New Jersey. Edgar Gonzalez, VP Deputy General Counsel, led the acquisition, workforce integration, regulatory licensing, and staffing for the new facility.
Scale indicators13 records
Recent moves8 records
Expansion highlights6 records
Empower Pharmacy competitors and assessment
Company assessmentEmerging players
- Belmar Pharmacy: Belmar is a national 503A compounding pharmacy specializing in hormone replacement, peptides, and integrative therapies. It competes with Empower in personalized hormone and longevity categories across multiple states.
- Ro (Roman): Ro is a direct-to-patient telehealth platform offering compounded and personalized medications (including weight management) through its own pharmacy operations. It overlaps with Empower on therapeutic categories and represents both a partner and a competitor for prescriber-driven volume.
- Hims & Hers Health: Hims & Hers is a major telehealth distributor of compounded GLP-1 weight-loss medications and personalized therapies, sourcing from compounding pharmacies including Empower. It is an important channel partner and adjacent competitor in personalized medicine.
Direct peers
- QuVa Pharma: QuVa Pharma is a leading FDA-registered 503B outsourcing facility producing sterile compounded medications for hospitals and health systems. It is the most direct 503B peer to Empower's outsourcing operations, competing for the same hospital and provider customers.
- Triangle Compounding Pharmacy: Triangle Compounding is a 503A pharmacy producing personalized sterile and non-sterile preparations (including hormone and weight management therapies) for prescribers and patients across multiple U.S. states. It is a direct therapeutic-area competitor to Empower's 503A catalog.
- Olympia Pharmaceuticals: Olympia operates both 503A compounding pharmacy and 503B outsourcing facility operations serving practitioners and office-based practices. Its dual-model structure and prescriber-direct distribution closely mirror Empower's go-to-market.
- Central Admixture Pharmacy Services (CAPS / B. Braun): CAPS, part of B. Braun, operates a national network of FDA-registered 503B outsourcing facilities supplying sterile admixture and compounded preparations to hospitals. It competes head-to-head with Empower's 503B offering in the hospital channel.
- Wedgewood Pharmacy: Wedgewood is one of the largest U.S. 503A compounding pharmacies, serving veterinarians and prescribers nationwide with personalized medications. It is the most direct 503A peer to Empower's patient-specific compounding business, sharing a similar nationwide B2B-to-provider model.
Broad incumbents
- CVS Health (Specialty/Aetna pharmacy services): CVS Health operates specialty pharmacy and care delivery businesses that increasingly overlap with personalized and compounded therapies. While not a compounder at Empower's scale, its payer-aligned infrastructure positions it as a long-term competitive threat in cash-pay-adjacent markets.
- Walgreens Boots Alliance (VillageMD / specialty pharmacy): Walgreens' specialty pharmacy and VillageMD primary care assets increasingly distribute personalized and compounded therapies through their provider networks. As a broad incumbent, it competes for prescriber mindshare and patient access in adjacent personalized-medicine categories.
Market position
Weaknesses2 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Empower Pharmacy social profiles
Digital presenceEmpower Pharmacy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Empower Pharmacy leadership team
Management profileNumber of profiles
Profiles6 records
Empower Pharmacy subsidiaries and ownership
Company hierarchySubsidiaries1 record
Empower Pharmacy funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Empower Pharmacy M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Empower Pharmacy
What does Empower Pharmacy do?
Empower Pharmacy compounds personalized medications under Section 503A for individual patient prescriptions submitted by licensed prescribers across all 50 U.S. states, and produces bulk sterile and non-sterile compounded medications under Section 503B for healthcare provider offices and partner pharmacies. Its product portfolio spans hormone replacement, GLP-1 weight management (semaglutide, tirzepatide, including ODT formulations), men's and women's health, longevity, IV therapy, dermatology, peptides, and mental health, complemented by select commercial pharmaceutical products distributed through its pharmacy license. Orders are placed through a digital portal, mobile app, or API and shipped nationwide.
Is Empower Pharmacy a public or private company?
Empower Pharmacy is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Empower Pharmacy founded?
Empower Pharmacy was founded in 2009. It employs 1,001 to 5,000 people.
Where is Empower Pharmacy based?
Empower Pharmacy is headquartered in Houston, United States, in the North America region.
How does Empower Pharmacy make money?
Three revenue lines are on record. Compounded Medications - 503A is the primary driver. The others are compounded Medications - 503B Bulk/Outsourcing and commercial Pharmaceutical Products.
Who are Empower Pharmacy's main competitors?
Emerging players on record are Belmar Pharmacy, Ro (Roman) and Hims & Hers Health. Direct peers are QuVa Pharma, Triangle Compounding Pharmacy, Olympia Pharmaceuticals, Central Admixture Pharmacy Services (CAPS / B. Braun) and Wedgewood Pharmacy. Broad incumbents are CVS Health (Specialty/Aetna pharmacy services) and Walgreens Boots Alliance (VillageMD / specialty pharmacy).
Does Empower Pharmacy have an API?
Yes. Empower Pharmacy offers an API for developer resources. The company provides an API page at https://www.empowerpharmacy.com/api/ and an introduction page at https://www.empowerpharmacy.com/empower-api-introduction/. Specific technical details including API type (REST, GraphQL), authentication methods, rate limits, versioning, or sandbox availability are not specified in the available source material. Developer documentation is at www.empowerpharmacy.com/api.
What industry is Empower Pharmacy in?
Empower Pharmacy's product category is Compounding Pharmacy Manufacturing. Its primary akta.pro industry code is HLAFALAE, Compounding Pharmacies (Sterile/Non-Sterile), with a secondary code of HLACAKAG, Specialty Pharmacy & Complex Therapy Management Platforms. Its NAICS code is 325412 and its SIC code is 2834.