The Compounding Pharmacy

What The Compounding Pharmacy does

Waters Wellness (DBA of The Compounding Pharmacy) is a privately held, founder-controlled compounding pharmacy and functional medicine practice headquartered in Bristol, Virginia. It operates an integrated platform combining three service lines: a licensed compounding pharmacy with sterile and non-sterile laboratory capabilities for customized prescription medications, a functional medicine clinic offering weight loss (including a GLP-1 medication program) and hormone therapy consultations, and a direct-to-consumer supplement retail operation spanning owned-brand SKUs (mindMag, DailyHist ES, Mono Omega, Weight Loss Kit) and third-party resale brands (Pure Encapsulations, Thorne, Dr. Wilson's, Xymogen).

Underlying technology and operational assets are largely physical rather than software-driven: sterile and non-sterile compounding labs enable custom formulations unavailable at standard pharmacies; a Shopify-based e-commerce storefront handles DTC supplement and prescription sales; a telehealth platform enables remote consultations and prescription management; and a Provider Portal enables healthcare providers to refer patients and co-manage prescriptions, creating a B2B2C layer on top of the direct-to-consumer model. Marketing is content-led, supported by a health-focused blog, SEO-optimized product and category pages, email, and active organic social presence on Facebook, Instagram, and TikTok.

Revenue mechanics include transactional sale of compounded medications, fee-for-service clinical consultations (in-person and telehealth), one-time and subscription supplement purchases, and provider-channel patient referrals. Pricing is unit-based for products ($23.99–$170 per SKU) with a Subscribe & Save option offering a 5% monthly discount; compounded prescription pricing varies by formulation. The customer base is exclusively individual consumers in the Southeast United States — no enterprise accounts, institutional customers, or anchor contracts are disclosed — and there is no public funding, parent company, or institutional ownership, with the business appearing bootstrapped and entirely founder-controlled.

Name

The Compounding Pharmacy

Legal name

Waters Wellness

Website

https://thecompoundingrx.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Waters Wellness is a Bristol, Virginia-based compounding pharmacy and functional medicine clinic offering custom-compounded medications, telehealth and in-person consultations, GLP-1 weight loss programs, and proprietary plus third-party supplements via DTC e-commerce to Southeast US consumers.

Ownership category

akta.pro rank

Headquarters

HQ city

Hickory

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Product Sales - Supplements: Sale of proprietary brand supplements (mindMag, DailyHist ES, Mono Omega, Weight Loss Kit) and third-party supplements from partner brands (Pure Encapsulations, Thorne, Dr. Wilson's, Xymogen) through e-commerce and potentially in-store
2. Prescription Compounded Medications: Compounded prescription medications dispensed to patients with valid prescriptions from licensed healthcare providers
3. Clinic and Consultation Services: Fee-for-service consultations including functional medicine, hormone therapy, weight loss programs, and telehealth visits
4. Subscription Revenue: Recurring subscription model offering 5% discount on supplements with monthly delivery, providing predictable recurring revenue

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

Waters Wellness operates a compounding pharmacy with sterile and non-sterile labs that produces customized prescription medications for individual patients. The company integrates this compounding pharmacy with a functional medicine clinic offering consultations, hormone therapy, weight loss/GLP-1 programs, and telehealth services, alongside direct retail of proprietary and third-party dietary supplements via an e-commerce storefront and physical locations.

Product overview

Waters Wellness is a compounding pharmacy and functional medicine practice offering a unified platform combining pharmacy services, clinical care, and supplements. The core offerings include compounding pharmacy services (sterile and non-sterile labs), clinic services, telehealth consultations, weight loss/GLP-1 programs, and prescription management. The product portfolio features branded supplements including mindMag (cognitive support), DailyHist ES (immune/antioxidant), Weight Loss Kit (metabolic support), and Mono Omega (omega fatty acids), as well as third-party brands Pure Encapsulations, Thorne, Dr. Wilson's, and Xymogen. The platform also includes a Subscribe & Save subscription service for recurring supplement purchases.

Differentiator

Problem solved

Functional benefit

Brands

• mindMag: Cognitive support supplement that sharpens focus, memory, and cognitive function for peak mental performance, and enhances sleep quality.
• DailyHist ES
• Weight Loss Kit
• Mono Omega

Products and services

• mindMag Capsules Cognitive support supplement that sharpens focus, memory, and cognitive function and enhances sleep quality. Sold directly to consumers via the Waters Wellness e-commerce storefront at $49.00 per unit.
• DailyHist ES Antioxidant supplement that neutralizes free radicals, enhances immune resilience, and promotes nasal comfort. Sold via the Waters Wellness storefront starting from $23.99.
• Weight Loss Kit Comprehensive weight management supplement bundle combining multiple products targeting metabolism, appetite control, and energy levels, with nutritional guidance. Sold via the storefront at $170.00 per kit.
• Mono Omega Premium omega supplement with high bioavailability and absorption, supporting overall health with a science-backed nutrient profile. Sold via the storefront at $45.00 per unit.
• Compounding Pharmacy Services Sterile and non-sterile compounding service that creates customized prescription medications and unique dosage forms to maximize benefits and reduce drawbacks for individual patients, dispensed to patients with valid prescriptions from licensed providers.
• Clinic Services Functional medicine clinic providing tailored treatment plans for weight loss, hormone therapy, and broader health needs, integrated with the pharmacy and supplement offerings.
• Telehealth Services Remote healthcare consultations that enable patients to access medical services, treatment planning, and prescriptions virtually from any location.
• Consultations Expert consultations providing personalized health guidance and treatment planning for weight loss, hormone therapy, and general wellness goals.
• Weight Loss / GLP-1 Program Weight loss program offering GLP-1 medication support, clinical management, and complementary supplements to support metabolism, appetite control, and sustainable weight loss.
• Pure Encapsulations Supplements Professional-grade Pure Encapsulations supplements sold through the Waters Wellness e-commerce storefront and physical pharmacy locations.
• Thorne Supplements Thorne supplements sold through the Waters Wellness storefront as part of its curated professional supplement portfolio.
• Dr. Wilson's Supplements Dr. Wilson's brand supplements retailed through the Waters Wellness storefront and physical locations.
• Xymogen Supplements Professional-grade Xymogen supplements carried by Waters Wellness as part of its specialty supplement offerings.

Quantifiable outcome

• Sharpens focus, memory, and cognitive function for peak mental performance
• +4 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Four partnerships are on record, tiered minor.

• Pure EncapsulationsminorChannel Partner/ Reseller/ DistributorThird-party supplement brand carried by Waters Wellness. Pure Encapsulations products are available for purchase through Waters Wellness e-commerce and potentially in-store locations as part of their supplement offerings.
• ThorneminorChannel Partner/ Reseller/ DistributorThird-party supplement brand carried by Waters Wellness. Thorne supplements are sold through Waters Wellness as part of their comprehensive supplement product selection.
• Dr. Wilson'sminorChannel Partner/ Reseller/ DistributorThird-party supplement brand available through Waters Wellness. Products sold as part of the company's brand portfolio.
• XymogenminorChannel Partner/ Reseller/ DistributorProfessional-grade supplement brand carried by Waters Wellness as part of their supplement specialty offerings.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Emerging players

• Care/of: Personalized vitamin and supplement brand with subscription delivery. Comparable to Waters Wellness because both sell proprietary supplements via direct-to-consumer e-commerce with a Subscribe & Save recurring delivery model.
• Marek Health: Telehealth platform focused on hormone therapy, TRT, and weight management with integrated prescription and supplement offerings. Comparable to Waters Wellness because both combine hormone and weight loss consultations with prescription dispensing and proprietary supplement lines under one brand.
• Designs for Health: Professional-grade supplement brand sold primarily through practitioners and their dispensaries. Comparable to Waters Wellness because both sit in the practitioner-supply channel and position their catalogs around functional medicine outcomes (hormone, metabolic, immune).
• Persona Nutrition: Personalized subscription supplement brand offering customized vitamin packs based on health goals. Comparable to Waters Wellness because both monetize recurring supplement subscriptions through direct-to-consumer online storefronts.

Broad incumbents

• Ro: Vertical telehealth and pharmacy platform covering weight loss (including GLP-1 programs), hormone therapy, and men's/women's health. Comparable to Waters Wellness because it operates the same integration of clinical services, prescription dispensing, and direct-to-consumer supplement offerings.
• Hims & Hers Health: Public direct-to-consumer telehealth and pharmacy platform offering prescription medications, compounded treatments, and supplements. Comparable to Waters Wellness because it combines telehealth consultations, prescription fulfillment, and an online supplement storefront in one consumer-facing brand.

Direct peers

• Fullscript: Practitioner-grade supplement dispensary that enables healthcare providers to recommend and sell professional brands (Thorne, Pure Encapsulations, Xymogen). Comparable to Waters Wellness because both use a provider-referral-plus-supplement-retail model centered on the same third-party brands.
• Tailor Made Compounding: Independent compounding pharmacy producing customized sterile and non-sterile preparations for patients and providers. Comparable to Waters Wellness because both run 503A compounding labs offering personalized formulations unavailable from standard retail pharmacies.
• Avella Specialty Pharmacy: National specialty and compounding pharmacy with sterile and non-sterile capabilities serving patients and providers across the U.S. Comparable to Waters Wellness because both operate 503A compounding labs and dispense customized prescription medications to patients with complex needs.
• Wellevate: Emerson Ecologics' practitioner supplement platform for clinical dispensaries and providers. Comparable to Waters Wellness because it powers a similar provider-driven supplement dispensary workflow and supplies the same professional-grade brands.

Market position

Strengths1 record

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/thecompoundingpharmacy
• Instagraminstagram.com/waterswellness
• TikToktiktok.com/@waterswellness_
• Xx.com/compoundingph
• LinkedInlinkedin.com/company/the-compounding-pharmacy-nc

Compliance2 records

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 The Compounding Pharmacy