Medicine Shoppe International, Inc.

Name

Medicine Shoppe International, Inc.

Legal name

Medicine Shoppe International, Inc.

Website

https://medicineshoppe.com

Company type

Private

Founded year

1970

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Retail Pharmacy Franchise Services

NAICS

Pharmacies and Drug Retailers (456110), 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 industry

Pharmacy-Led Health & Wellness Discount Retail (CRAEAHAD)

Keywords

• Pharmacy franchise services
• Retail prescription dispensing
• Medication therapy management
• Immunization and point-of-care testing
• Franchise digital marketing platform

Headquarters

HQ city

Earth City

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations, Technology or R&D, Infrastructure

Revenue model

1. Franchise Fees: Monthly flat franchise fee of $599 per location for joining the Medicine Shoppe or Medicap Pharmacy franchise network. The fee provides access to brand name, business coaching, digital marketing tools, and operational support.
2. Pharmacy Retail Operations: Franchisees operate retail pharmacy locations generating revenue through prescription filling, over-the-counter products, immunizations, and patient care services. Revenue is derived from prescription dispensing fees, product sales, and clinical service fees.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Medicine Shoppe International franchises independent community pharmacies under The Medicine Shoppe® and Medicap Pharmacy® brands, enabling franchisees to operate retail pharmacy locations delivering prescription dispensing, immunizations, point-of-care testing, medication therapy management, medication synchronization, and multi-dose packaging. Franchisees pay a flat monthly fee in exchange for brand rights, business coaching, managed care support, and a digital marketing platform, while a companion mobile app connects consumers to the franchise network for refills and patient engagement.

Product overview

Medicine Shoppe International, Inc., a Cardinal Health company headquartered in St. Louis, MO, operates two pharmacy franchise brands—The Medicine Shoppe® Pharmacy and Medicap Pharmacy®—with nearly 500 stores across 43 states. The company provides a platform of pharmacy services including prescription filling, immunizations, point-of-care testing, medication therapy management, medication synchronization, and Dispill® multi-dose packaging. The franchise offering includes digital marketing tools and business coaching support. The company also offers a consumer-facing mobile app enabling prescription refills, reminders, and pharmacist communication with 2,500 independent pharmacies nationwide. The website and digital platforms are operated by Digital Pharmacist Inc.

Differentiator

Problem solved

Functional benefit

Products and services

• The Medicine Shoppe® Pharmacy Franchise A pharmacy franchise brand that enables independent pharmacists to operate retail pharmacy locations under the Medicine Shoppe name, delivering prescription filling, immunizations, point-of-care testing, medication therapy management, and other patient care services. Targeted at licensed pharmacists and pharmacy owners seeking a national brand and operational support.
• Medicap Pharmacy® Franchise A secondary pharmacy franchise brand operated by Medicine Shoppe International that offers prescription and clinical services with flexibility for co-branding with the franchisee's local pharmacy name. Targeted at independent pharmacists and pharmacy owners who want a national franchise affiliation while preserving an existing local identity.
• Medicine Shoppe Mobile App A consumer-facing mobile application (iOS and Android) that enables patients to refill prescriptions with one click, receive refill reminders, access pharmacist-written condition and medication information, and obtain discounts at 2,500 independent pharmacies nationwide. Targeted at patients and families using community pharmacy services.
• Dispill® Multi-Dose Packaging A multi-dose packaging service that organizes a patient's medications into clearly labeled doses to improve adherence and convenience, available at participating Medicine Shoppe Pharmacy franchise locations. Targeted at patients with multiple prescriptions who benefit from simplified dosing.
• Medication Therapy Management A clinical pharmacist service that reviews a patient's full medication regimen to optimize drug therapy, improve outcomes, and reduce medication-related problems. Targeted at patients on complex medication regimens.
• Medication Synchronization A service that aligns all of a patient's prescription refill dates to a single monthly pick-up date, reducing multiple pharmacy trips. Targeted at patients managing multiple chronic prescriptions.
• Flu and Strep Point-of-Care Testing Point-of-care diagnostic testing services for influenza and streptococcal infections offered at participating Medicine Shoppe Pharmacy locations, enabling rapid diagnosis without a physician visit. Targeted at patients seeking quick, convenient testing for common infectious illnesses.
• Immunizations Vaccination services administered by pharmacists at Medicine Shoppe Pharmacy locations, allowing patients to receive immunizations without a physician visit. Targeted at adults and families seeking convenient access to flu, COVID-19, and other routine vaccinations.
• Franchise Digital Marketing Platform A digital marketing platform and toolset provided to franchisees as part of the Medicine Shoppe franchise package, designed to drive prescription refills and patient engagement for individual pharmacy locations. Targeted at Medicine Shoppe and Medicap Pharmacy franchisees.

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• Cardinal Health, Inc.coreOthersCardinal Health Inc. (NYSE: CAH), headquartered in Dublin, Ohio, is the parent company of Medicine Shoppe International, Inc. Cardinal Health is a Fortune 500 company (top 25 ranking) with approximately 50,000 employees in 46 countries. The company provides customized healthcare solutions for hospitals, health systems, pharmacies, ambulatory surgery centres, clinical laboratories, and physician offices worldwide.

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Health Mart: Health Mart is a McKesson-owned pharmacy franchise network serving independent community pharmacies across the U.S. It is the closest direct peer to Medicine Shoppe, operating a similar franchise banner model with comparable services and member-pharmacy economics.
• Good Neighbor Pharmacy: Good Neighbor Pharmacy is AmerisourceBergen's (Cencora) independent pharmacy network, providing branding, marketing, and operational support to community pharmacies. It competes head-to-head with Medicine Shoppe for the same franchisee pool of independent pharmacists.

Broad incumbents

• CVS Pharmacy: CVS Pharmacy is the largest retail pharmacy chain in the U.S., part of CVS Health with vertically integrated PBM and clinical services. It is a broad incumbent competitor that exerts pricing and scale pressure on independent pharmacy franchise networks.
• Walgreens: Walgreens is one of the largest U.S. retail pharmacy chains with thousands of locations. As a broad incumbent, it competes directly with Medicine Shoppe franchisees on convenience, scale, and managed care contracts.
• Rite Aid: Rite Aid is a national retail pharmacy chain competing for prescription volume and front-store sales in many of the same U.S. markets where Medicine Shoppe franchisees operate.
• Walmart Pharmacy: Walmart Pharmacy operates a nationwide pharmacy footprint embedded in big-box retail locations. Its low-price generic program and convenience footprint create intense pricing pressure on community pharmacy franchises.
• Costco Pharmacy: Costco Pharmacy is a warehouse-club-based pharmacy known for highly competitive prescription pricing. As a broad incumbent, it competes with community pharmacy franchise networks on price-sensitive prescription shoppers.

Emerging players

• Amazon Pharmacy: Amazon Pharmacy is an online mail-order pharmacy leveraging Amazon's logistics and Prime ecosystem. It represents an emerging competitive threat to community pharmacy refill volume, particularly among younger, digitally-oriented consumers.

Regional players

• Publix Pharmacy: Publix Pharmacy is a regional supermarket pharmacy chain concentrated in the Southeastern U.S. It competes with Medicine Shoppe franchisees in shared Southeast geographies on convenience and customer service.
• H-E-B Pharmacy: H-E-B Pharmacy is a regional supermarket pharmacy chain concentrated in Texas and Northern Mexico. It is a comparable community pharmacy operator in regions where Medicine Shoppe franchisees also operate.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/medicineshoppe
• LinkedInlinkedin.com/company/medicine-shop

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Medicine Shoppe International, Inc.