Hagyard Pharmacy

What Hagyard Pharmacy does

Hagyard Pharmacy is a specialty veterinary pharmacy operating exclusively in animal pharmaceuticals, with a primary focus on equine health. The company operates two physical pharmacy locations in Kentucky — Lexington as headquarters (4250 Iron Works Pike) and Versailles as a secondary location (3550 Lexington Rd) — and is licensed to dispense prescription pharmaceuticals in 40 U.S. states. Its service portfolio is anchored by three revenue streams: dispensing prescription pharmaceuticals, custom veterinary specialty compounding (currently offering compounds such as Thyrotropin Releasing Hormone 0.5 mg/ml and Domperidone 110 mg/ml Oral Suspension), and the proprietary Resolvet line of equine care products (supplements and topicals) developed by veterinarians from Hagyard Equine Medical Institute.

The pharmacy serves two primary customer segments: individual horse owners seeking specialty medications and custom compounds for high-stakes animal health situations, and referring veterinarians and prescribers who rely on Hagyard for specialty pharmaceutical sourcing and prescription verification. Hagyard holds the Pharmacy Compounding Accreditation Board's (PCAB) Seal of Accreditation — placing it among an elite group of veterinary pharmacies — and operates in compliance with state and federal agencies, the American Association of Equine Practitioners (AAEP), and the American Veterinary Medical Association (AVMA) guidelines. A Hagyard Formulary mobile application supports veterinarians with dosing references and clinical rationales on a 500 kg adult horse weight basis, currently available on iOS with an Android version in development.

Hagyard Pharmacy operates as a subsidiary within the PetVet Care Centers network, a veterinary care company providing specialty and emergency services. Pricing is not publicly disclosed; customers must complete dedicated consultation forms (segmented for horse owners and prescribers) or contact the pharmacy directly by phone or email. Distribution is primarily direct via walk-in pharmacy dispensing, phone, email, and veterinarian referrals, with a digital marketing footprint across Facebook, Twitter, Instagram, and LinkedIn. The underlying business is relationship-driven rather than technology-driven, with no disclosed APIs, integrations, or technology stack beyond the consumer-facing formulary app.

Name

Hagyard Pharmacy

Legal name

PetVet Care Centers

Website

https://hagyardpharmacy.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Hagyard Pharmacy is a specialty veterinary pharmacy licensed in 40 U.S. states that dispenses prescription pharmaceuticals, custom-compounds medications, and sells the Resolvet equine care product line exclusively to horse owners and referring veterinarians. It operates from two Kentucky locations as part of the PetVet Care Centers network.

Ownership category

akta.pro rank

Product category

Veterinary Pharmacy Services

NAICS

Pharmacies and Drug Retailers (456110)

SIC

Retail-Drug Stores And Proprietary Stores (5912), Pharmaceutical Preparations (2834)

akta.pro primary industry

Compounding Pharmacies (Veterinary) (HLAMAIAD)

akta.pro secondary industries

Online Veterinary Pharmacies & E-commerce Retailers (HLAMAIAF), Animal Health OTC Retail (Parasite Control, Basic Care) (HLAMAIAJ)

Keywords

• Veterinary pharmacy services
• Equine specialty medications
• Custom pharmaceutical compounding
• Animal health products
• Prescription dispensing

Headquarters

HQ city

Lexington

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Prescription Pharmaceuticals: Dispenses prescription pharmaceuticals for animals, primarily horses, through licensed pharmacies in 40 states.
2. Veterinary Specialty Compounding: Custom compound medications tailored to specific animal health needs, operating under strict regulatory compliance.
3. Resolvet Product Line: Proprietary horse care products (supplements and topical solutions) sold directly to horse owners and through veterinarians.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Hagyard Pharmacy is a specialty veterinary pharmacy exclusively focused on animal pharmaceuticals, primarily equine. It dispenses prescription pharmaceuticals in 40 U.S. states, provides veterinary specialty compounding services (custom medications such as TRH and Domperidone) compliant with state, federal, AAEP, and AVMA guidelines, and sells the proprietary Resolvet line of horse care products developed by veterinarians from Hagyard Equine Medical Institute.

Product overview

Hagyard Pharmacy operates as a specialty veterinary pharmacy with a single-product focus on animal pharmaceuticals, particularly equine health. The core offering consists of prescription pharmaceuticals and veterinary specialty compounding services. The product portfolio includes the Resolvet line of horse care products (a sub-brand developed by Hagyard veterinarians), custom compound formulations (Thyrotropin Releasing Hormone and Domperidone), and a formulary mobile application for veterinarians. The pharmacy is licensed in 40 states and holds PCAB accreditation, operating within AAEP and AVMA guidelines.

Differentiator

Problem solved

Functional benefit

Brands

• Resolvet: Equine care products created by veterinarians from Hagyard Equine Medical Institute, designed to address specific needs of horse owners including natural ingredients, pH balance concerns, and potential negative side effects

Products and services

• Custom Veterinary Compounding Service Veterinary specialty compounding service that creates customized medication formulations for specific animal health needs, operating in strict compliance with state and federal agencies, AAEP, and AVMA guidelines. Available to veterinarians/prescribers and horse owners.
• Prescription Pharmaceutical Dispensing Full-service dispensing of prescription pharmaceuticals for animals, primarily horses, through licensed pharmacy locations in Kentucky with license coverage spanning 40 U.S. states.
• Resolvet Equine Care Products Proprietary line of horse care products created by veterinarians from Hagyard Equine Medical Institute, designed with natural ingredients, pH balance considerations, and reduced negative side effects. Sold directly to horse owners and through veterinarians.
• Thyrotropin Releasing Hormone (TRH - Protirelin acetate) Compounded veterinary medication currently available in one concentration and size: 0.5 mg/ml for Injection (2 ml vial), available for order by prescribers and horse owners.
• Domperidone Oral Suspension Compounded veterinary medication currently available in one concentration and size: 110 mg/ml Oral Suspension in 50ml bottles, supplied with an oral dosing syringe and adapter, available for order by prescribers and horse owners.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• PetVet Care CenterscoreOthersHagyard Pharmacy is part of the PetVet Care Centers Network, a veterinary care network providing specialty and emergency services. This affiliation provides operational integration with a larger veterinary care ecosystem.
• Hagyard Equine Medical InstitutecoreStrategic or Co-development PartnerResolvet product line was created by veterinarians from Hagyard Equine Medical Institute. Decades of listening to owners, trainers, and riders informed the development of Resolvet products addressing concerns about ingredients, pH balance, and side effects.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Diamondback Drugs: Veterinary compounding pharmacy producing custom medications for companion animals and equines. Overlaps directly with Hagyard on compounded prescriptions and equine veterinary dispensing.
• VetSource: Online veterinary pharmacy and home-delivery platform integrated with practice management systems. Comparable to Hagyard in prescription fulfillment, though more digitally driven and multi-species.
• Pet Health Pharmacy: Veterinary pharmacy providing compounded and dispensed medications for horses and other animals. Direct competitor to Hagyard in equine specialty compounding and prescription fulfillment.
• Roadrunner Pharmacy: Compounding pharmacy with a dedicated veterinary service line producing custom medications. Comparable to Hagyard in its compounding-centric, prescriber-referral model.
• BCP Veterinary Pharmacy: Specialty veterinary compounding pharmacy serving practitioners with customized preparations. Competes with Hagyard for veterinary prescription and compounding volume across species.
• Wedgewood Pharmacy: One of the largest U.S. veterinary compounding pharmacies offering custom preparations across many species. Direct competitor to Hagyard in equine and broader veterinary specialty compounding, with much greater scale and species breadth.

Broad incumbents

• Covetrus: Large distributor of veterinary pharmaceuticals, supplies, and practice solutions. Adjacent incumbent operating at much broader scale; supplies many of the same equine and companion-animal practices that refer to Hagyard.
• Patterson Veterinary: Major U.S. distributor of veterinary pharmaceuticals, equipment, and supplies. Adjacent incumbent whose veterinary pharmacy and distribution offerings overlap with Hagyard's prescriber base.
• Chewy Pharmacy: Online pet pharmacy and retail platform offering prescription and OTC medications across species. Comparable as a dispensing channel competing for horse and companion-animal prescription volume.
• Dechra Veterinary Products: Specialty veterinary pharmaceutical manufacturer focused on companion and equine therapeutics. Comparable to Hagyard in equine pharmaceutical focus, though operating at the manufacturer level rather than as a compounding pharmacy.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/hagyardpharmacy
• Facebookfacebook.com/YourHorsesPharmacy
• LinkedInlinkedin.com/company/hagyard-pharmacy
• Instagraminstagram.com/hagyardpharmacy

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 Hagyard Pharmacy