What Nora Apothecary does

Nora Apothecary is a family-owned independent compounding pharmacy founded in 1962 and based at a single location in Indianapolis, Indiana (1101 E 86th St). Since 2015 it has been owned and operated by co-owners Tony Kantzavelos, Pharm.D. and Anna Kantzavelos, a licensed Physician Assistant, each with nearly 20 years of clinical experience. The pharmacy's core business is custom prescription compounding across multiple specialty verticals — pediatric, veterinary, ophthalmology, dermatology, dentistry, anti-aging cosmeceuticals, and bio-identical hormone replacement therapy — producing patient-specific dosage forms (liquids, capsules, creams, ointments, suppositories, transdermal gels, troches) that are not commercially available or that remove allergens, dyes, and preservatives for sensitive patients. The technical backbone includes a USP<797>-compliant sterile laboratory with a certified sterile isolator box that supports preservative-free ophthalmic preparations, and PCCA and American College of Veterinary Pharmacists memberships that gate access to quality-controlled ingredients.

Revenue is generated through three streams: (i) per-prescription compounding fees for customized medications; (ii) retail markup on premium nutritional supplements from brands such as Pure Encapsulations, Metagenics, Thorne Research, Ortho Molecular, and Integrative Therapeutics; and (iii) professional-service fees for 1:1 pharmacist-led health consultations that review medications, supplements, and labwork. The company also sells Visi-Cleanse, a proprietary hypoallergenic eye wipe co-invented by Anna Kantzavelos. Go-to-market is sales-led and concierge-style: the pharmacy works directly with local prescribers and veterinarians on urgent and routine compounding needs, supplemented by an educational blog and online consultation bookings. Distribution is primarily in-person at the Indianapolis storefront plus phone/FAX ordering; a 15% OTC discount is offered to military and veterans. The customer base is fragmented across individual patients, pet owners, and a network of local healthcare providers, with no disclosed institutional anchors or enterprise contracts.

Name

Nora Apothecary

Legal name

Nora Apothecary

Website

https://noraapothecary.com

Company type

Private

Founded year

1962

Operating status

Operating

Headcount range

1–10 employees

Short description

Nora Apothecary is a family-owned Indianapolis compounding pharmacy (founded 1962) that prepares custom prescription medications — including pediatric, veterinary, ophthalmology, dermatology, and hormone-replacement therapies — for individual patients, prescribers, and pet owners.

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

Specialty Pharmacy & Complex Therapy Management Platforms (HLACAKAG)

Keywords

• Compounding pharmacy services
• Custom medication preparation
• Veterinary compounding pharmacy
• Bioidentical hormone therapy
• Pharmaceutical compounding services

Headquarters

HQ city

Indianapolis

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. Prescription Compounding Services: Custom-compounded prescription medications tailored to individual patient needs, created from base ingredients to meet specific dosage, form, and allergen-free requirements. Revenue generated through prescription filling and compounding fees.
2. Vitamin and Mineral Supplements: Sale of high-quality nutritional supplements from premium brands including Pure Encapsulations, Metagenics, Thorne Research, Ortho Molecular Products, Integrative Therapeutics, and others. Available over-the-counter.
3. 1:1 Health Consultations: Personalized health consultation services where licensed pharmacists review medications, supplements, labwork, and provide health plans. Generates revenue through consultation fees.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Nora Apothecary is an independent compounding pharmacy that creates customized prescription medications tailored to individual patient needs, including alternative dosage forms (liquids, capsules, creams, ointments, suppositories, transdermal gels, troches), allergen-free formulations, and unique strengths not commercially available. The pharmacy serves individual patients, pediatric patients, and veterinary patients, and also sells nutritional supplements and offers 1:1 health consultations with licensed pharmacists.

Product overview

Nora Apothecary is a family-owned compounding pharmacy offering a unified portfolio of customized medication services. The core offering is Custom Medications & Compounding, which serves as the foundation for specialized services including Pediatric Compounding, Veterinary Compounding Pharmacy, Dermatology Compounding, Dentistry Compounding, Anti Aging Medications (cosmeceuticals), Hormone Replacement Therapy/Bio-Identical Therapy, Vitamin and Mineral Supplements, and Ophthalmology Compounding. The pharmacy also provides 1:1 Health Consult services for personalized health coaching. Additionally, the company offers Visi-Cleanse, a proprietary eye wipe product. All compounding services work with the core principle of creating patient-specific medications that are not available commercially or require customized dosages, forms, or ingredient compositions.

Differentiator

Problem solved

Functional benefit

Products and services

• Custom Medications & Compounding Core compounding pharmacy service that creates customized medications tailored to individual patient needs, including adjusted dosages, alternative dosage forms (liquids, creams, suppositories), and removal of allergens or unwanted ingredients.
• Pediatric Compounding Custom medication preparation for infants and children, offering flavored suspensions, suppositories, dissolving troches, and transdermal gels in various flavors to improve medication compliance.
• Veterinary Compounding Pharmacy Custom compounded medications for pets including medicated chewable treats, concentrated liquids, transdermal gels, and small-sized capsules with various flavor options.
• Dermatology Compounding Topical compounded medications for skin conditions including creams, ointments, gels, sprays, foams, medicated shampoos, and lip balms for conditions such as acne, psoriasis, and eczema.
• Dentistry Compounding Custom oral and dental prescription medications including dental ointments, topical gels, numbing creams, mouthwashes, sublingual troches, and medications for conditions like oral thrush, TMJ, and dry mouth.
• Anti Aging Medications Topically applied cosmeceutical products combining cosmetics and pharmaceuticals with biologically active ingredients like antioxidants, retinol, and vitamins to reduce signs of aging.
• Hormone Replacement Therapy / Bio-Identical Therapy Custom compounded hormone therapy including progesterone, estrogens, testosterone, DHEA, and thyroid hormones in various dosage forms such as topical creams, vaginal creams, mini-suppositories, and sublingual drops/troches.
• Vitamin and Mineral Supplements Nutritional supplements including brands such as Pure Encapsulations, Metagenics, Thorne Research, Ortho Molecular Products, Integrative Therapeutics, Douglas Labs, and others, available over-the-counter with a 15% military/veteran discount.
• Ophthalmology Compounding Sterile compounded eye medications including preservative-free drops, ointments, and autologous serum tears for conditions such as cataracts, glaucoma, chronic dry eye, and conjunctivitis.
• 1:1 Health Consult Personalized health consultation with a licensed pharmacist reviewing medications, supplements, lab work, and discussing lifestyle, stress, sleep, hormones, nutrition, and other health factors.
• Visi-Cleanse Non-irritating, hypoallergenic wipe designed for the eye area for those who suffer from conditions including dry eye, blepharitis, conjunctivitis, eye allergies, or those recovering from eye surgery.

Quantifiable outcome

• Same-day service available for backordered medications
• +2 more outcomes

Named customers4 records

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Two partnerships are on record, tiered core.

• Professional Compounding Centers of America (PCCA)coreTechnology or IntegrationPCCA is a membership organization for compounding pharmacies. Nora Apothecary receives compounding chemicals with excellent quality assurance and quality control standards through their PCCA membership. PCCA provides ongoing support, training, and access to high-quality base ingredients for compounded medications.
• The American College of Veterinary PharmacistscoreTechnology or IntegrationProfessional membership organization supporting pharmacists specializing in veterinary compounding. Provides certification and standards for veterinary pharmacy practice, validating Nora Apothecary's expertise in treating animal patients.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Pharmaca Integrative Pharmacy: Chain of integrative pharmacies combining conventional dispensing with compounding, supplements, and practitioner consultations. Closely comparable to Nora Apothecary's concierge model that pairs prescriptions with supplements and 1:1 health consults.
• Diamondback Drugs: Specialty compounding pharmacy licensed in multiple states, focused on customized prescriptions, sterile preparations, and personalized healthcare. Comparable to Nora Apothecary's specialty/sterile compounding focus with a broader geographic footprint.
• Roadrunner Pharmacy: Independent compounding pharmacy operating in multiple states with mail-order fulfillment alongside traditional dispensing. Comparable to Nora Apothecary's compounding services but with a mail-order channel that expands patient reach beyond a single city.
• Triangle Compounding Pharmacy: Independent PCAB-accredited compounding pharmacy offering custom sterile and non-sterile preparations for patients and prescribers. Directly comparable to Nora Apothecary across custom medications, HRT, and concierge dispensing.
• Wedgewood Pharmacy: Largest US veterinary compounding pharmacy, providing customized medications, flavors, and dosage forms for animal patients. Comparable to Nora Apothecary's veterinary compounding practice but at scale, with national distribution rather than a single Indianapolis storefront.
• Olympia Compounding Pharmacy: Independent pharmacy specializing in custom-compounded bio-identical hormone replacement therapy, veterinary, and dermatology preparations. Highly comparable service mix to Nora Apothecary's HRT and veterinary lines.
• US Compounding Pharmacy: Independent compounding pharmacy producing customized sterile and non-sterile preparations (including ophthalmics, HRT, and dermatology) for patients nationally. Closely matched to Nora Apothecary's service portfolio.

Broad incumbents

• CVS Specialty: National retail pharmacy giant with a specialty pharmacy business focused on complex and high-cost therapies. Comparable as a broad incumbent in medication management, but does not offer the personalized compounding and concierge positioning of Nora Apothecary.
• Walgreens Specialty Pharmacy: Large national pharmacy chain with a specialty pharmacy arm that handles complex therapies and limited compounding-adjacent services. Comparable as a broader competitor in the specialty medication space, but lacks the independent concierge and bespoke compounding model.

Others

• Professional Compounding Centers of America (PCCA): Membership organization that supplies compounding chemicals, training, and quality standards to independent compounding pharmacies like Nora Apothecary. Included as an ecosystem partner, not a competing pharmacy, but its member network defines the competitive landscape.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/nora-apothecary

Compliance4 records

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 Nora Apothecary