Keystone Compounding Pharmacy

What Keystone Compounding Pharmacy does

Keystone Compounding Pharmacy is a privately-held, independent compounding pharmacy founded in 2001 in Grand Rapids, Michigan, operating under owner Dave with a staff of 11–50. The company creates custom pharmaceutical formulations — including allergen-free preparations, alternative dosage forms (creams, liquids, troches), hormone replacement therapies, thyroid medications, pain management compounds, and veterinary preparations — that are not available through commercial manufacturers. It distributes these compounded medications through a single retail pharmacy at 4021 Cascade Road SE and via mail order to patients in six states (Michigan, Indiana, Florida, Massachusetts, Arizona, and New York).

The product and service portfolio extends well beyond dispensing. Keystone Nutrition is the pharmacy's own private-label supplement brand, with 30+ SKUs including HPA Calm, Mito Fuel, Berberine ES, Gluco Control, Key Immune, and bundled offerings (Essential Bundle, Mito Bundle, Lights Out Bundle), supplemented by resale of professional-grade third-party lines from Thorne and Pure Encapsulations through a Shopify storefront with subscription management. The company also operates paid personalized health consultations (women's health, men's health, general wellness), on-site spa and aesthetics services (clinical facials, medical skin treatments, Slimsage), Med Sync refill synchronization, and prescription transfer programs, positioning itself as an integrated wellness destination rather than a pure dispensary.

The business model is direct-to-consumer across four revenue streams: recurring compounded prescription fills, transaction-based supplement e-commerce, fee-based professional consultations, and professional services revenue from spa/aesthetics. Customer acquisition is driven by community trust, prescription transfers, content marketing through an active blog and multi-platform social media (Facebook, TikTok, Instagram, LinkedIn), and mail-order reach into adjacent states. The company is HIPAA-compliant, holds no institutional investors or parent entity, and shows no acquisition, funding, or public-listing activity.

Name

Keystone Compounding Pharmacy

Legal name

Keystone Pharmacy

Website

https://keystonerx.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

11–50 employees

Short description

Keystone Compounding Pharmacy is a privately-held independent pharmacy in Grand Rapids, MI, founded in 2001, providing custom-compounded medications, its own Keystone Nutrition supplement line, third-party supplements, health consultations, veterinary compounding, and spa services to individual patients across six U.S. states.

Ownership category

akta.pro rank

Product category

Compounding Pharmacy

NAICS

Pharmacies and Drug Retailers (456110), Food (Health) Supplement Retailers (456191), Health and Personal Care Retailers (456)

SIC

Retail-Drug Stores And Proprietary Stores (5912), Medicinal Chemicals & Botanical Products (2833)

akta.pro primary industry

Compounding Pharmacies (Sterile/Non-Sterile) (HLAFALAE)

Keywords

• Compounding pharmacy services
• Custom prescription medications
• Bioidentical hormone replacement
• Professional-grade supplements
• Veterinary compounding

Headquarters

HQ city

Grand Rapids

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Prescription Medications: Revenue from custom compounded prescriptions for patients requiring medications not available commercially, including hormone replacement therapies, thyroid medications, and pain management formulations.
2. Supplement Sales: E-commerce sales of proprietary Keystone Nutrition supplements as well as branded products from Pure Encapsulations, Thorne, and other supplement lines. Products include HPA Calm ($54.99), CoQ Synergy ($74.99), D3K2 + Mag Complex ($38.00), Berberine ES ($55.99), and numerous other health supplements.
3. Health Consultations: Revenue from personalized health consultations including women's health consultations, men's health consultations, and general wellness consultations.
4. Spa and Aesthetics Services: Revenue from clinical facials, medical skin treatments, Slimsage body treatments, and anti-aging products.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Keystone Compounding Pharmacy is an independent compounding pharmacy that creates custom prescription medications tailored to individual patient needs (dosage, form, allergen-free formulations) that are not commercially available. The company also retails its own Keystone Nutrition supplement line and third-party professional-grade supplements (Thorne, Pure Encapsulations), and offers health consultations, hormone replacement therapy, veterinary compounding, and clinical spa and aesthetics services.

Product overview

Keystone Compounding Pharmacy is a locally-owned independent pharmacy in Grand Rapids, MI, founded in 2001, offering a comprehensive portfolio of health products and services. The company operates as both a compounding pharmacy and wellness center with three main pillars: (1) Custom Compounding Services - creating personalized medications not commercially available; (2) Keystone Nutrition branded supplements including flagship products like HPA Calm, Mito Fuel, Key Immune, Berberine ES, D3K2 + Mag Complex, Essential Mag, Key Biotic, and bundled offerings (Essential Bundle, Mito Bundle, Lights Out Bundle); and (3) Third-party professional-grade supplements from Thorne and Pure Encapsulations. Additional services include health consultations, hormone replacement therapy, veterinary compounding, spa and aesthetics, erectile dysfunction treatment, and prescription management. The company ships to Michigan, Indiana, Florida, Massachusetts, Arizona, and New York.

Differentiator

Problem solved

Functional benefit

Brands

• Keystone Nutrition: The company's own line of nutritional supplements including products such as HPA Calm, CoQ Synergy, D3K2 + Mag Complex, Motility Pro, Mito Fuel, Essential Mag, Key Biotic, Berberine ES, and various other health supplements.

Products and services

• Custom Compounding Services Custom medication compounding service that creates personalized prescriptions not commercially available, including dosage adjustments, alternative dosage forms (creams, liquids, troches), allergen-free formulations (lactose, gluten, dye-free), and combination medications for individual patients.
• Health Consultations Personalized one-on-one health consultation services providing recommendations, specialty tests, and guidance for women's health, men's health, and general wellness concerns, including weight management, hormone health, and semaglutide treatment programs.
• Hormone Replacement Therapy Bioidentical hormone replacement therapy services for men and women, including compounded Biest (estradiol and estriol combination) formulations to address hormonal imbalances, supported by lab testing and consultation.
• Veterinary Compounding Custom compounding services for pets providing medications in customized dosages, palatable flavors, and alternative dosage forms (transdermal, liquid) tailored to animal health needs.
• Erectile Dysfunction Treatment Compounded treatment services for erectile dysfunction offering personalized medication solutions tailored to individual patient needs.
• Prescription Transfer & Refill Services Prescription transfer and refill services for new and existing patients, including Med Sync for synchronized medication management, available through online refill requests and a prescription transfer program.
• Spa & Aesthetics Services Clinical aesthetics services including facials, medical skin treatments, and Slimsage body treatments, provided on-site at the Grand Rapids pharmacy location.
• Keystone Nutrition Supplement Line Proprietary nutritional supplement brand under the Keystone Nutrition sub-brand, with products spanning stress and sleep support (HPA Calm, Lights Out), energy and mitochondrial health (Mito Fuel, CoQ Synergy), immune support (Key Immune, Hist Immune), metabolic and glucose support (Berberine ES, Gluco Control), cardiovascular and bone health (D3K2 + Mag Complex, Cardio Care, Optimal Omegas), gastrointestinal health (Key Biotic, Motility Pro, GI Nourish Powder), hormonal support (Estro Harmony, DHEA, Alpha Ignite), and pain and joint support (Theramine, Rapid Relief).
• Supplement Bundles Curated multi-product supplement bundles combining Keystone Nutrition products for comprehensive health routines, including the Essential Bundle (Key Biotic, Optimal Omegas, Mito Fuel, Essential Mag), Mito Bundle (Mito Fuel, CoEnzyme Q10, Essential Mag), and Lights Out Bundle (Magtality and Lights Out).
• Third-Party Professional Supplements Retail of professional-grade supplements from third-party brands including Thorne (NSF Certified for Sport, e.g., Vitamin D-5000) and Pure Encapsulations (hypoallergenic professional supplements, e.g., Ashwagandha, B12 Liquid, O.N.E. Multivitamin).

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Two partnerships are on record, tiered core.

• ThornecoreChannel Partner/ Reseller/ DistributorKeystone Compounding Pharmacy resells Thorne brand supplements including Vitamin D-5000 and other products. Thorne is NSF Certified for Sport, indicating high-quality professional-grade supplements.
• Pure EncapsulationscoreChannel Partner/ Reseller/ DistributorKeystone Compounding Pharmacy resells Pure Encapsulations products including Ashwagandha, B12 liquid, and O.N.E. Multivitamin. Pure Encapsulations is known for professional-grade, hypoallergenic supplements.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Empower Pharmacy: Large independent compounding pharmacy offering custom sterile and non-sterile preparations, hormone replacement, and veterinary compounds direct to patients across many states. Directly comparable as a multi-state mail-order compounder with a similar BHRT and integrative-medicine positioning.
• McGuff Compounding Pharmacy Services: Long-established independent compounding pharmacy serving patients and practitioners with custom sterile and non-sterile preparations nationwide. Comparable custom-compounding core with multi-state distribution and practitioner-driven demand.
• Vios Compounding Pharmacy: Independent compounding pharmacy specializing in personalized medications, hormone replacement therapy, and integrative health offerings direct to consumers. Closely comparable model combining custom compounding, wellness consults, and DTC supplement sales.
• Olympia Compounding Pharmacy: Independent compounding pharmacy offering personalized preparations, hormone replacement, and veterinary compounding across multiple states. Directly comparable in service mix and target patient profile.
• Atlas Drugs: Independent compounding pharmacy serving patients and providers with custom prescriptions, hormone therapy, and specialty compounds. Comparable in scale and service mix to Keystone's compounding and consult practice.

Broad incumbents

• Avella Specialty Pharmacy: Larger specialty pharmacy that handles complex compounded and specialty medications with broad payer relationships. Overlaps Keystone in compounding and specialty therapy management but operates at significantly greater scale and as a national platform.
• Walgreens Compounding Services: National chain that offers limited compounding at select locations, often partnering with central-fill or 503B partners. Represents the chain-pharmacy baseline that Keystone explicitly differentiates against through custom compounding and consultation depth.

Others

• PCCA (Professional Compounding Centers of America): Industry supplier and educator that provides APIs, bases, equipment, and training to independent compounding pharmacies like Keystone. Comparable ecosystem participant rather than a direct competitor, but central to Keystone's supply chain.
• Pure Encapsulations: Professional-grade supplement brand currently resold by Keystone through its storefront. Comparable as a participant in the same supplement category Keystone markets both as a reseller and private-label competitor (Keystone Nutrition).
• Thorne: Professional-grade supplement brand distributed by Keystone via its storefront and also sold direct to consumer online. Comparable as a partner and adjacent competitor to Keystone Nutrition.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/keystonepharmacy
• LinkedInlinkedin.com/company/keystonepharmacy
• Instagraminstagram.com/keystone_pharmacy_
• TikToktiktok.com/@keystonecompounding

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 Keystone Compounding Pharmacy