Ofac

What Ofac does

Ofac (legal entity: Ofac société coopérative) is a Geneva-based professional cooperative founded in 1963 that serves as the central administrative and IT backbone for Swiss community pharmacies. The cooperative provides an integrated stack of services built around four pillars: electronic billing to health insurers (Streamfact and Streamfact+), pharmacy management software (Tactil, distributed via subsidiary Pharmatic AG), the federally certified electronic patient dossier platform (Abilis SA), and insurance card verification infrastructure (Covercard System). Underlying these is OVAN, a secure private broadband network operational since 1999 that connects member pharmacies to Ofac services and external healthcare networks (HIN, MediData, H-Net).

The technology architecture is platform-plus-modules, with Tactil pharmacy management software integrating natively with Streamfact billing, Abilis eHealth, and Covercard. The group operates six wholly-owned subsidiaries covering financing and advisory (Apofin SA, since 2002), IT solutions (Pharmatic AG), eHealth/EPD (Abilis SA), EPD infrastructure (BINT GmbH), and two mutualized specialty pharmacy entities. Ofac holds ISO 27001, OCPD:2008, and GoodPriv@cy certifications, supporting compliance with Swiss federal healthcare data regulations (LAMal Article 42a). The company also maintains the Pharmafoto database (~120,000 photos covering 45,000 products) and runs the annual Forumofac industry event and Ofac Pharmacy Awards competition.

Revenue mechanics combine multiple streams: per-transaction billing fees, software licensing and subscriptions, member cooperative fees, managed services for health insurers, professional services (pharmacy financing advisory), and ad/product-database licensing. Go-to-market is direct through the cooperative membership model and Exclusive Access member portal, complemented by Pharmatic's e-commerce web shop for hardware. The cooperative claims to serve the vast majority of Swiss pharmacies, with Streamfact billing achieving a near-zero rejection rate from health insurers due to in-house quality control processes. Leadership transitioned in January 2026, with Daniel Bühler succeeding Dr. Mario Magada as Director General after Magada's 35+ year tenure.

Name

Ofac

Legal name

Ofac société coopérative

Website

https://ofac.ch

Company type

Private

Founded year

1963

Operating status

Operating

Headcount range

101–250 employees

Short description

Ofac is a Geneva-based professional cooperative founded in 1963 that provides Swiss community pharmacies with integrated billing (Streamfact), pharmacy management software (Tactil), electronic patient dossier services (Abilis), insurance verification (Covercard), and secure network infrastructure (OVAN).

Ownership category

akta.pro rank

Headquarters

HQ city

Geneva

HQ country

Switzerland

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Software

Revenue model

1. Billing Services: Core billing service for Swiss pharmacies, processing invoices to health insurers and policyholders based on prescriptions. Offers Streamfact and Streamfact+ electronic billing solutions.
2. IT Solutions (Pharmatic): Sale and licensing of Tactil pharmacy management software including POS, inventory management, and various modules. Includes hardware sales through web shop.
3. Financial Services (Apofin): Financing and advisory services for pharmacists including pharmacy acquisition, sale, and business development. Founded in 2002.
4. Photo Database Licensing (Pharmafoto): Licensing of product packaging photos for advertising, sales, and presentations. Customers can purchase individual images or monthly subscriptions.
5. Insurance Card Services (Covercard): Secure data hosting services for health insurers and verification services for healthcare providers.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

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Product overview

Ofac is a Swiss healthcare services cooperative offering an integrated portfolio of billing, pharmacy management, and eHealth solutions. The core product lines include Streamfact (billing systems), Tactil/Pharmatic (pharmacy management platforms), Abilis eHealth (electronic patient dossier), Covercard (insurance processing), and OVAN/HP-Id (secure communications and authentication). Additional services encompass financing consulting (Apofin), product databases (Pharmafoto), and professional events (Forumofac, Ofac Pharmacy Awards). The offering operates as a platform-plus-modules architecture where Pharmatic serves as the overarching IT brand, with Tactil for pharmacy operations and Tactil Drogerie for retail variants.

Differentiator

Problem solved

Functional benefit

Brands

• Apofin: Financing and advisory services for pharmacy owners, offering financing for pharmacy creation, acquisition and transformation, as well as evaluation, transaction mediation, and business management support.
• Pharmatic
• Covercard System
• Abilis
• Streamfact
• Streamfact+
• Pharmafoto
• OVAN
• HP-Id / HM-Id

Quantifiable outcome

• Nearly zero rejection rate on health insurer billing submissions
• +2 more outcomes

Named customers1 record

Segments4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

AI capability2 records

Feature6 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• Abilis SAcoreStrategic or Co-development Partner · 23 June 2026Abilis SA, the national interprofessional reference community for medication, joined the CARA community, simplifying the Swiss electronic patient dossier (EPD) landscape. Ofac Group operates Abilis as a subsidiary providing eHealth services.
• OVAN Network PartnerscoreTechnology or IntegrationOVAN (Ofac Value Added Network) is a secure private network operational since 1999, connecting Swiss pharmacists. It ensures interoperability with other healthcare networks including HIN (Health Info Net), MediData, and H-Net.
• SantésuissecoreTechnology or IntegrationHealthcare provider recognition and creditor number (RCC) certification body for Swiss health professionals accessing Covercard System services.
• SwissmediccoreOthersSwiss regulatory authority for therapeutic products. Ofac Special Services pharmacies maintain operating authorization from Swissmedic.
• PharmaSeeminorGTM or Marketing PartnerPharmaSee is a company founded by five pharmacists working to make the healthcare system less complex and fragmented. Ofac participates in PharmaSee's La Toile forum for pharmacy students.
• Galenica GroupcoreStrategic or Co-development PartnerMajor Swiss pharmacy group and industry partner represented at forumofac events.
• PharmaciepluscoreStrategic or Co-development PartnerSwiss pharmacy group participating in Ofac forums and cooperative activities.
• TopPharmcoreStrategic or Co-development PartnerSwiss pharmacy group engaged in Ofac cooperative activities and forums.
• Roche Pharma Schweiz AGminorStrategic or Co-development PartnerSwiss pharmaceutical company presenting innovation initiatives at forumofac.25.
• VisanaminorStrategic or Co-development PartnerSwiss health insurance company presenting VIVA model for patient care coordination at forumofac.25.

Scale indicators5 records

Recent moves6 records

Expansion highlights4 records

Others

• NOWEDA eG: German pharmacist-owned pharmaceutical wholesaler and service cooperative that provides IT, financing, and operational services to its member pharmacies. Adjacent peer because it pairs wholesale with a cooperative service model analogous to Ofac's billing, IT, and financing stack.

Direct peers

• ADG Apotheken-Dienstleistungsgesellschaft mbH: German pharmacy IT and services provider owned by pharmacists that delivers POS, ERP, and back-office software to German pharmacies — the closest international analogue to Ofac's Pharmatic/Tactil offering for the pharmacy channel.
• HCI Solutions AG: Swiss provider of pharmaceutical drug data, SAPCS/INDEX, and medication-safety software used by pharmacies, hospitals, and EHR systems. Directly comparable as Swiss healthcare data infrastructure serving the same pharmacy customer base as Ofac's Abilis and Tactil products.
• Galenica AG: Switzerland's leading pharmacy retail and healthcare services group (Amavita, Sun Store, etc.) operating its own retail IT, distribution (Galexis), and patient-facing services. Overlaps with Ofac on the Swiss pharmacy value chain and is a major Ofac ecosystem partner.
• Pharmatechnik GmbH & Co. KG: Germany-based vendor of pharmacy management software (IXOS, etc.) and related services to independent pharmacies. Comparable as a national pharmacy IT and billing infrastructure provider serving member-affiliated pharmacies.

Regional players

• DocMorris NV: Originally a Swiss online pharmacy (Zur Rose), now operating a pan-European digital pharmacy and healthcare platform. Comparable as a Swiss-rooted pharmacy services business that competes for Swiss prescription volume and adjacent services Ofac supports.

Broad incumbents

• Phoenix Group SE: Large European pharmaceutical wholesaler and pharmacy services group operating in multiple countries with pharmacy IT and services exposure. Comparable as a broad incumbent with adjacent pharmacy services and software offerings relevant to Ofac's strategy.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/OfacGroup

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries6 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 Ofac