Tower Medic Pharmacy

What Tower Medic Pharmacy does

Tower Medic Pharmacy, Inc. is an independent 503A compounding pharmacy headquartered at 607 W Magnolia Avenue in Fort Worth, Texas, founded in 1972 and family-owned (Melvin Musgrove, founder/owner; Christopher Musgrove, president). The pharmacy operates a state-of-the-art on-site laboratory performing sterile and non-sterile compounding with comprehensive quality testing for sterility, potency, and stability. Its core products are customized compounded medications — bioidentical hormone replacement therapy (BHRT), personalized weight loss compounds, injury recovery formulations, anti-aging preparations, and sleep and gut health compounds — produced in multiple delivery formats including self-injection pens, lozenges, creams, lotions, sprays, and suppositories, with allergen-friendly and gluten-free options available on request.

The company supplements its compounding business with medical supplies (ostomy, urology, wound care, RX compression stockings, bathroom aids, durable medical equipment) and health and wellness consultations covering athletic performance and pre/post-operative recovery. It holds multi-state pharmacy licenses authorizing dispensing and shipping of compounded prescriptions to Arizona, Colorado, Florida, Iowa, Texas, and New York, while serving the greater Fort Worth area with in-store counter service, free local delivery, and an online prescription refill portal. The company is HIPAA-compliant (Notice of Privacy Practices effective October 15, 2025).

The business model is sales-led and primarily retail: revenue is generated from one-time prescription compounding fees and medical supply sales at undisclosed, phone-quoted competitive pricing, with customer acquisition driven by prescriber referrals, word-of-mouth, and the company's website. No public revenue figures, funding rounds, or institutional ownership are disclosed; the company operates as a stable, privately-held independent pharmacy corporation.

Name

Tower Medic Pharmacy

Legal name

Tower Medic Pharmacy, Inc.

Website

https://towermedic.com

Company type

Private

Founded year

1972

Operating status

Operating

Headcount range

11–50 employees

Short description

Tower Medic Pharmacy is an independent 503A compounding pharmacy founded in 1972 in Fort Worth, Texas. It custom-compounds bioidentical hormone replacement therapy, weight loss, and specialty medications, and distributes medical supplies to patients across six U.S. states.

Ownership category

akta.pro rank

Product category

Compounding Pharmacy Services

NAICS

Pharmacies and Drug Retailers (456110)

SIC

Retail-Drug Stores And Proprietary Stores (5912)

akta.pro primary industry

Compounding & Customized Medication Management Support (HSABALAL)

akta.pro secondary industry

Discount Drugstores with DME/Home Medical (Value Medical Supply) (CRAEAHAG)

Keywords

• Compounding pharmacy services
• Bioidentical hormone therapy
• Prescription medications
• Medical supplies retail
• Sterile compounding pharmacy

Headquarters

HQ city

Fort Worth

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Prescription Compounding Services: Revenue from customized compounded medications prescribed by healthcare providers for hormone replacement therapy, weight loss, injury recovery, and other specialized treatments. Services include BHRT and personalized dosing formulations.
2. Medical Supplies and Equipment: Sales of ostomy and urology supplies, wound care supplies, RX compression socks and stockings, bathroom aids, and durable medical equipment.
3. Health and Wellness Products: Retail sales of health and wellness focused products supporting goals such as athletic performance optimization, pre- and post-operative health, and injury recovery.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Tower Medic Pharmacy is a 503A compounding pharmacy that custom-prepares prescription medications for individual patients, including bioidentical hormone replacement therapy (BHRT), weight loss compounds, injury recovery formulations, anti-aging compounds, and sleep/gut health preparations. It also retails ostomy, urology, wound care, RX compression, bathroom aids, and durable medical equipment, with free delivery in the greater Fort Worth area and shipping to six licensed U.S. states.

Product overview

Tower Medic Pharmacy operates as a multi-state 503A compounding pharmacy (licensed in AZ, CO, FL, IA, TX, NY) serving patients since 1972. The core offering is Compounded Preparations, including Bioidentical Hormone Replacement Therapy (BHRT) and Weight Loss Programs, which are customized medications crafted in their state-of-the-art on-site laboratory. Supporting products include Medical Supplies (ostomy, urology, wound care, compression therapy, bathroom aids, and durable medical equipment) and Health & Wellness Services. The pharmacy also provides a Prescription Refill Portal and Free Delivery service in the greater Fort Worth area. All compounding is performed with rigorous quality testing for sterility, potency, and stability.

Differentiator

Problem solved

Functional benefit

Products and services

• Compounded Preparations Custom compounded prescription medications for individual patients, including bioidentical hormone replacement therapy (BHRT) and personalized weight loss compounds, prepared in custom strengths and combinations and offered in multiple delivery formats (self-injection pens, lozenges, creams, lotions, sprays, suppositories). Allergen-friendly and gluten-free options available upon request.
• Bioidentical Hormone Replacement Therapy (BHRT) Personalized bioidentical hormone replacement therapy preparations for men and women addressing hormone optimization, menopause management, and testosterone optimization needs.
• Weight Loss Compounds

Quantifiable outcome

• Over 50 years of continuous pharmacy service since 1972

Segments6 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Pure Compounding Pharmacy: Independent compounding pharmacy focused on custom hormone, wellness, and recovery preparations. Comparable to Tower Medic as a smaller-scale independent compounder with similar therapeutic categories.
• Empower Pharmacy: One of the largest 503A/503B compounding pharmacies in the U.S., offering custom BHRT, weight loss, and sterile preparations shipped nationwide. Most directly comparable to Tower Medic by compounding scope and multi-state dispensing model.
• Belmar Pharmacy: 503A compounding pharmacy producing custom BHRT, thyroid, and bioidentical hormone preparations with national shipping. Directly comparable to Tower Medic on custom hormone compounding and multi-state dispensing.
• Koshland Pharmacy: Independent compounding pharmacy offering customized hormone, dermatology, and pediatric preparations with a multi-state patient base. Directly comparable as a patient-facing custom compounder serving prescribers across geographies.
• Innovation Compounding: Sterile and non-sterile compounding pharmacy offering BHRT, weight loss, and recovery compounds to patients across multiple states. Closely comparable on product mix, multi-state reach, and prescriber-driven GTM.
• AnazaoHealth: National compounding pharmacy specializing in sterile and non-sterile preparations, hormone replacement, and weight management compounds. Comparable to Tower Medic on multi-state compounding and custom therapeutic offerings.
• Wells Pharmacy Network: Network of compounding pharmacies providing custom sterile and non-sterile preparations to patients and providers across the U.S. Comparable to Tower Medic on compounding capabilities and multi-state operations.

Emerging players

• Hims & Hers Health: Digital telehealth platform offering prescription weight loss, hormone, and wellness treatments online. Not a compounder itself but competes for the same BHRT and weight-loss patient demand that Tower Medic serves.

Broad incumbents

• CVS Pharmacy: Largest U.S. retail drugstore chain offering prescription dispensing and basic health products. Competes with Tower Medic at the retail counter and DME level, but lacks custom compounding depth.
• Walgreens: National retail pharmacy chain dispensing mass-market prescriptions and select health products. Competes with Tower Medic for general prescription and DME demand, though it does not match its custom compounding capabilities.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/tower-medic-pharmacy

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Tower Medic Pharmacy