Farmacia Ethicall

What Farmacia Ethicall does

Farmacia Ethicall (legal name: Ethicall Farmácia com Manipulação Ltda) is a privately held Brazilian compounding pharmacy founded in 1994 by pharmacist José Maria Lopes and headquartered in Fortaleza, Ceará. The company operates a network of 9 service units — 6 retail stores plus a matriz in Fortaleza and 2 additional units in the interior cities of Sobral and Juazeiro do Norte — and serves individual patients seeking personalized compounded medications (magistral and officinal formulas for internal and external use) as well as prescribing physicians. Its core offering is custom medication preparation based on medical prescriptions, complemented by an expanding catalog of OTC supplements, cosmecêuticos, and dermocosmetics organized around immunity, beauty/anti-aging, weight management, joint health, and dermatology verticals.

The company's technical foundation is a centralized compounding laboratory supported by a proprietary quality and traceability platform called Sistema Fórmula Certa Ok!, which records every step of the compounding workflow from raw material intake through final delivery, and a 12-program Quality Management System aligned with Brazilian Good Manufacturing Practices for compounding (BPMF). A dedicated quality control laboratory performs physicochemical analyses on raw materials and finished products. Operations are supported by digital customer-facing channels including an online prescription submission service (Receita Online) and WhatsApp Business for prescription intake, quoting, and order placement, as well as free home delivery across Fortaleza, Caucaia, and Maracanaú with a 24-hour delivery option.

The business model is direct-to-consumer retail with a quote-based pricing structure (no public price list); revenue is generated per-prescription compounded and per OTC product sold. The company holds multiple compounding-specific regulatory authorizations including Autorização Especial, Autorização de Funcionamento, Licença de Funcionamento, CRF/CE certificate, and municipal operating permit. It is privately held with no disclosed external funding, no parent company, and no subsidiaries, and employs 14 people across its footprint.

Name

Farmacia Ethicall

Legal name

Ethicall Farmácia com Manipulação Ltda

Website

https://farmaciaethicall.com.br

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

11–50 employees

Short description

Farmacia Ethicall is a privately held Brazilian compounding pharmacy operating 9 retail units in Ceará since 1994, providing custom-compounded medications, OTC supplements, and dermocosmetics to individual patients and prescribing physicians, supported by a proprietary traceability platform and home delivery.

Ownership category

akta.pro rank

Headquarters

HQ city

Fortaleza

HQ country

Brazil

HQ region

Latin America

Offices5 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Manipulação de Medicamentos: Custom medication compounding service where pharmacists prepare individualized prescriptions based on medical prescriptions. Includes formulas for internal and external use, cosmecuticals, and supplements.
2. Produtos de Praça/Livre: Over-the-counter formulas and products including Melatonin, Immunity formulas, beauty supplements (collagen, Verisol), and weight management products that do not require prescription.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Farmacia Ethicall is a retail compounding pharmacy that prepares custom-formulated medications and over-the-counter supplements for individual consumers based on medical prescriptions and wellness goals. The company operates nine physical units across Ceará state and supplements in-store service with home delivery, WhatsApp ordering, and online prescription submission. Its offer spans prescription compounding, vitamins, dermatological cosmetics, weight-management formulas, and nutraceuticals produced under a proprietary Fórmula Certa Ok! traceability platform.

Product overview

Farmacia Ethicall is a compounded medication pharmacy network operating across 9 locations in Ceará, Brazil, founded in 1994. The company offers a broad portfolio of custom-compounded medications and supplements organized around several core pillars: (1) Custom-compounded medications (medicamentos manipulados) prepared at a central manufacturing facility with individual formulation; (2) Beauty and anti-aging products including VERISOL® collagen peptides, EXSYNUTRIMENT® organic silicon, Nutricolin, and the Shampoo Regenerador + Cápsula Regeneradora combo; (3) Immune health and wellness supplements including Fórmula da Imunidade, Melatonina and HERBATONIN® melatonin, Lactobacilli, and vitamins; (4) Weight management products including Morosil, Chitosan, Cactínea, Citrimax, Fucoxantina, HMB, Psyllium/Glucomanan formula, and Turkesterone; (5) Joint and musculoskeletal health including UC-II non-denatured collagen, MSM methylsulfonylmethane, and Sucupira; (6) Topical/cosmetic bases including Espumil™ hair foam base and Máscara NANO PEEL OFF; (7) Green tea polyphenols and sirtuin activators for dermatological and longevity purposes; (8) Coconut oil supplements; and (9) Mosquito repellents. All formulations are supported by a proprietary quality management and traceability platform called Sistema Fórmula Certa Ok!, which monitors every step of the compounding process from raw material intake through final delivery. The company also offers an online prescription submission service (Receita Online) and home delivery within Fortaleza, Caucaia, and Maracanaú.

Differentiator

Problem solved

Functional benefit

Products and services

• Custom-Compounded Medications (Medicamentos Manipulados)
• Receita Online (Online Prescription)
• Fórmula da Imunidade
• Melatonina
• Melatonina 100% Natural com HERBATONIN®
• VERISOL® Unhas Saudáveis
• VERISOL® Beleza de Dentro para Fora
• Chitosan
• Morosil
• Turkesterone
• MSM (Metilsulfonilmetano)
• UC-II (Colágeno Tipo II Não Desnaturado)
• Polifenóis do Chá Verde
• Fucoxantina
• Antioxidante Ativador de Sirtuínas
• Óleo de Coco 1000mg
• EXSYNUTRIMENT® Silício Orgânico
• Máscara NANO PEEL OFF (Gel Antiacne)
• Lactobacilos (Probióticos)
• Cactínea
• Citrimax (HCA)
• Repelentes contra Aedes Aegypti
• Nutricolin (Colágeno + Cromo)
• Fórmula Emagrecedora com Psyllium e Glucomanan
• Colágeno (Verisol / Hidrolisado)
• Sucupira
• Shampoo Regenerador e Cápsula Regeneradora (Espumil™ Duo)
• HMB (Ácido Beta-Hidroxi-Beta-Metilbutírico)
• Silício Orgânico Anti-Aging

Quantifiable outcome

• 3,500,000+ formulas produced over 25+ years
• +2 more outcomes

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators4 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• A Fórmula Farmácia de Manipulação: Brazilian compounding pharmacy franchise with a national footprint of manipulation units; most structurally similar peer to Ethicall in compounding-focused retail.
• Magistral Pharma: Brazilian compounding pharmacy chain operating multiple locations, with a similar model of personalized formulas and OTC supplements. Closest direct peer to Farmacia Ethicall in compounding-led retail.
• Essentia Pharma: National compounding pharmacy chain in Brazil with multiple units focused on magistral formulations and complementary health products. Directly comparable in business model and product mix.
• Almeida Prado Farmácia de Manipulação: Long-established Brazilian compounding pharmacy known for homeopathic and personalized formulations; comparable in offering individualized formulas to patients and practitioners.

Broad incumbents

• Raia Drogasil (RD): Largest Brazilian pharmacy retailer (Raia + Drogasil), offering OTC products, supplements, and growing manipulation services. Broad incumbent competing across Ethicall's categories at national scale.
• Farmácias Pague Menos: One of Brazil's largest retail pharmacy chains, headquartered in Ceará. Overlaps with Ethicall in OTC, supplements, and selective compounding, but operates at national scale rather than a niche compounding model.
• Drogaria Pacheco: Major Brazilian pharmacy chain with broad OTC, supplement, and beauty-health assortment. Competes with Ethicall for share of wallet on supplements and OTC in overlapping markets.
• Onofre Farmácia: Brazilian pharmacy retailer historically known for premium and differentiated assortment including compounding-adjacent products. Comparable as a regulated pharmacy retail peer.
• Drogaria São Paulo / DPSP: Large Brazilian pharmacy chain with strong manipulation programs; an incumbent in the same product categories where Ethicall competes.

Regional players

• Farmácia Batel (Manipulação): Regional compounding pharmacy operator in Paraná/South Brazil with similar emphasis on personalized formulas and supplies to prescribers; comparable model but different geography.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/farmacia-ethicall

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 Farmacia Ethicall