986 Pharmacy

What 986 Pharmacy does

986 Pharmacy is a privately held network of independent community pharmacies operated under 986 Degrees Corporation, founded in 2014 and headquartered in La Verne, California. As of 2026, the company runs approximately 45 pharmacy locations across Southern California, Nevada, and Texas, organized into three service lines: 986 Pharmacy (retail), 986 Specialty Pharmacy (closed-door and specialty medication dispensing), and 986 Infusion Pharmacy (IV and injectable therapies, Anaheim, CA, opened 2017). It also maintains affiliated brands including Kyoto Pharmacy, Hendricks Pharmacy, and Royalty Pharmacy. The company operates a closely held ownership structure with no disclosed venture capital, private equity, or public listing.

The business generates revenue primarily through prescription dispensing billed to Medicare, Medicaid, commercial insurers, and patient copays, with secondary revenue from specialty medication dispensing, infusion services, walk-in vaccinations (Flu, Shingles, Pneumonia, COVID-19), and Medication Therapy Management (MTM) consultations. The operating model emphasizes free local deliveries six days a week, medication synchronization programs, and multilingual staff (English, Chinese, Spanish, Vietnamese, Russian, Armenian) to serve Medicare/Medicaid-heavy and diverse community populations. The company also runs institutional partnerships with assisted living facilities, boarding care homes, and 340B clinics.

The technology stack is intentionally lean and outsourced: 986 Pharmacy uses third-party platforms RxLocal for prescription refill and transfer workflows and DrFirst for secure messaging, e-prescribing, and health records management. The company holds HIPAA and CCPA compliance certifications and has hosted an annual expo drawing sponsorship from major pharmaceutical and healthcare distribution partners including Cardinal Health, Novo Nordisk, and Cencora. There are no disclosed proprietary AI/ML systems, patents, or external funding rounds, and the company's growth has been funded organically since founding.

Name

986 Pharmacy

Legal name

986 Degrees Corporation

Website

https://986pharmacy.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

501–1,000 employees

Short description

986 Pharmacy is a privately held network of approximately 45 independent community, specialty, and infusion pharmacies across California, Nevada, and Texas, serving Medicare and Medicaid patients with free local delivery, multilingual support, and clinical pharmacy services under 986 Degrees Corporation.

Ownership category

akta.pro rank

Product category

Community Pharmacy Services

NAICS

Pharmacies and Drug Retailers (45611)

SIC

Retail-Drug Stores And Proprietary Stores (5912)

akta.pro primary industry

Retail & Community Pharmacies (Chain/Independent) (HLAFALAA)

akta.pro secondary industries

Specialty Pharmacies (Complex/High-Cost Therapies) (HLAFALAC), Long-Term Care (LTC) & Skilled Nursing Facility Pharmacies (HLAFALAF), Specialty Pharmacy & Complex Therapy Management Platforms (HLACAKAG)

Keywords

• Community pharmacy services
• Specialty medication dispensing
• Infusion therapy services
• Medication therapy management
• Prescription delivery services

Headquarters

HQ city

La Verne

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Prescription Dispensing: Core revenue from filling and dispensing prescription medications to patients, billing insurance companies, Medicare, Medicaid, and patients directly for copays and uncovered amounts.
2. Specialty Pharmacy Services: Specialty medication dispensing and management services at dedicated 986 Specialty Pharmacy locations, serving patients with complex medication needs.
3. Infusion Medication Services: Specialized infusion medication administration services at the Infusion Pharmacy in Anaheim, CA, providing injectable and IV medications.
4. Vaccination Services: Walk-in or scheduled immunizations for Flu, Shingles, Pneumonia, COVID-19 and other vaccines.
5. Medication Therapy Management (MTM): Personal consultation services with clinically-trained pharmacists to optimize medication regimens.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels1 record

Core offering

986 Pharmacy operates a network of community pharmacies dispensing retail prescriptions and offering specialty pharmacy, infusion pharmacy, medication therapy management (MTM), vaccinations, medication synchronization, and free local delivery. The chain serves individual patients and senior-care/assisted-living facilities across California, Nevada, and Texas, with multilingual staff and broad insurance acceptance including Medicare, Medicaid, and commercial plans.

Product overview

986 Pharmacy is a group of independent community pharmacies under 986 Degrees Corporation, established in 2014, operating as a unified brand with multiple service lines: retail pharmacies (986 Pharmacy) serving everyday prescription needs, specialty pharmacies (986 Specialty Pharmacy) for complex medications, and an infusion pharmacy (986 Infusion Pharmacy) for IV treatments. The portfolio includes 43+ locations across California and Nevada, with affiliated pharmacies including Kyoto Pharmacy, Hendricks Pharmacy, and Royalty Pharmacy. Core services center on prescription fulfillment, while add-on services include free local deliveries, walk-in vaccinations, medication therapy management, and medication synchronization—all supported by multilingual staff and broad insurance acceptance.

Differentiator

Problem solved

Functional benefit

Products and services

• Retail Prescription Dispensing
• Specialty Pharmacy Services
• Infusion Pharmacy Services
• Medication Therapy Management (MTM)
• Vaccination Services
• Free Local Prescription Delivery
• Medication Synchronization Service aligning refill dates so patients pick up chronic medications together, improving adherence.
• Assisted Living / Senior Care Pharmacy Services Pharmacy service program providing medications, packaging, and clinical support to assisted living and senior care facilities.

Quantifiable outcome

• Free local deliveries six days a week
• +1 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature1 record

Partnerships

16 partnerships are on record, tiered minor.

• Cardinal HealthminorOthersAnnual Expo Sponsor for 986 Pharmacy's annual expo event. Cardinal Health is a global healthcare services and products company providing pharmaceutical and medical products distribution.
• Wynn Medical CenterminorOthersAnnual Expo Sponsor for 986 Pharmacy's annual expo event. Medical center providing healthcare services.
• Pharmacy AutomationminorOthersAnnual Expo Sponsor for 986 Pharmacy's annual expo event. Company specializing in pharmacy automation solutions.
• Novo NordiskminorOthersAnnual Expo Sponsor for 986 Pharmacy's annual expo event. Global pharmaceutical company specializing in diabetes care and other chronic disease treatments.
• CencoraminorOthersAnnual Expo Sponsor for 986 Pharmacy's annual expo event. Formerly AmerisourceBergen, a pharmaceutical sourcing and distribution company.
• Top RxminorOthersAnnual Expo Sponsor for 986 Pharmacy's annual expo event. Pharmacy services company.
• Ugo RxminorOthersAnnual Expo Sponsor for 986 Pharmacy's annual expo event. Pharmacy-related services company.
• Kares EnterprisesminorOthersAnnual Expo Sponsor for 986 Pharmacy's annual expo event.
• IntlFIN (International CRE)minorOthersAnnual Expo Sponsor for 986 Pharmacy's annual expo event. Commercial real estate services.
• Redsand ConstructionminorOthersAnnual Expo Sponsor for 986 Pharmacy's annual expo event. Construction services company.
• CornerstoneminorOthersAnnual Expo Sponsor for 986 Pharmacy's annual expo event.
• Business BrokerminorOthersAnnual Expo Sponsor for 986 Pharmacy's annual expo event. Business brokerage services.
• K&B Pharmacy AssociatesminorOthersAnnual Expo Sponsor for 986 Pharmacy's annual expo event. Pharmacy consulting and services.
• Kyoto PharmacyminorOthersAffiliated pharmacy under the 986 Pharmacy network. Located in California.
• Hendricks PharmacyminorOthersAffiliated pharmacy under the 986 Pharmacy network. Located in California.
• Royalty PharmacyminorOthersAffiliated pharmacy under the 986 Pharmacy network. Located in California.

Scale indicators3 records

Recent moves7 records

Expansion highlights4 records

Broad incumbents

• Humana Pharmacy: Mail-order and center-based pharmacy owned by a major Medicare Advantage payer. Comparable in serving Medicare-heavy patient populations and offering home delivery, mail-order, and specialty pharmacy.
• CVS Health: Largest US pharmacy retailer and PBM with retail drug stores, specialty pharmacy (CVS Specialty), and infusion services. Comparable across all three of 986's core service categories but at vastly greater scale.
• Walgreens Boots Alliance: One of the largest US pharmacy retail chains offering retail dispensing, specialty pharmacy, immunization, and home delivery. Overlaps directly with 986's retail and specialty service lines at national scale.

Direct peers

• Omnicare (CVS Health): Long-term care and closed-door pharmacy division of CVS Health serving assisted living and skilled nursing facilities. Directly comparable to 986's closed-door/LTC pharmacy and assisted living partnerships.
• Avita Pharmacy: Specialty pharmacy focused on HIV, LGBTQ+, and complex therapy patients with 340B and closed-door operations. Comparable to 986's specialty pharmacy and 340B clinic partnerships.
• Genoa Healthcare: US specialty and behavioral-health focused pharmacy chain with significant long-term care and closed-door operations. Directly comparable to 986's specialty and closed-door/LTC pharmacy services.
• Rite Aid: Multi-state US retail pharmacy chain offering prescription dispensing, specialty pharmacy, and immunizations. Comparable as a community-facing pharmacy network competing in the same retail drug store category.

Emerging players

• Capsule Pharmacy: Digital-native pharmacy offering same-day delivery and a concierge patient experience in major US metros. Comparable to 986's free local delivery and personalized service proposition, competing for urban patients.
• Amazon Pharmacy: National mail-order and home-delivery pharmacy from Amazon with Prime integration. Comparable to 986's delivery model and prescription dispensing core, but operates nationally with a digital-first model and Prime logistics.
• Alto Pharmacy: Digital-first pharmacy offering same-day home delivery and a modern app-first patient experience. Overlaps with 986's free local delivery model and serves similar chronic-disease patients with a technology-led approach.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/986pharmacy
• Facebookfacebook.com/986pharmacy
• LinkedInlinkedin.com/company/986pharmacy

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about 986 Pharmacy