Neergaard Pharmacies

What Neergaard Pharmacies does

Neergaard Pharmacies is a privately held, independent community pharmacy chain operating two storefronts in Brooklyn, NY (454 5th Ave and 120 7th Ave). Founded in 1888 by Danish immigrant Julius De Neergaard and family-operated for its first 100 years, the company has served the Brooklyn community continuously for over 135 years. Its core offering combines traditional retail pharmacy services — prescription dispensing, OTC medications, pharmacist consultations, and immunizations — with a fee-for-service diagnostic channel (five COVID-19 testing tiers priced $35-$249), a comprehensive adult vaccine menu (flu, RSV, shingles, pneumonia, HPV, etc.), and a durable medical equipment / surgical supply business featuring branded product lines from Golden Technologies, Drive Medical, Invacare, Jobst, Stander, and CAREX.

The technology stack is modest and operationally focused: online prescription refill portals (mobilescripts) for each location, an Acuity-based scheduling platform for vaccine and COVID-19 testing appointments, and an e-commerce surgical catalog. There are no proprietary AI/ML capabilities, no mobile apps, and no API integrations disclosed. ACHC healthcare accreditation and ADCES accreditation for the Diabetes Self-Management Education and Support (DSMES) program serve as compliance and reimbursement anchors.

Neergaard generates revenue primarily through transaction fees on prescription fills, OTC sales, vaccine administration, and COVID-19 testing, supplemented by hardware sales of home medical equipment and modest professional-services revenue from the DSMES program. Distribution is direct-to-consumer via in-store visits and digital self-serve channels (online refill and scheduling). Customers are local Brooklyn residents across multiple use-case segments: general prescription patients, diabetes patients, medical equipment buyers, and vaccination seekers. Marketing relies on the company's heritage brand, its website, and a Facebook presence. No revenue figures, funding rounds, or ownership changes are disclosed; the company appears independently owned with no institutional investor backing.

Name

Neergaard Pharmacies

Legal name

Neergaard Pharmacy

Website

https://neergaardpharmacies.com

Company type

Private

Founded year

1888

Operating status

Operating

Headcount range

11–50 employees

Short description

Neergaard Pharmacies is a privately held Brooklyn community pharmacy operating two storefronts since 1888, dispensing prescriptions, administering vaccines and COVID-19 testing, and selling home medical equipment to local residents.

Ownership category

akta.pro rank

Product category

Retail Pharmacy

NAICS

Pharmacies and Drug Retailers (45611), Pharmacies and Drug Retailers (456110), Health and Personal Care Retailers (456)

SIC

Retail-Drug Stores And Proprietary Stores (5912)

akta.pro primary industry

Hospital & Health-System Pharmacies (Inpatient/Outpatient) (HLAFALAB)

Keywords

• Retail pharmacy services
• Prescription dispensing
• Immunization services
• Home medical equipment
• COVID-19 testing

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Pharmacy Services: Traditional prescription dispensing and over-the-counter medication sales. Revenue generated from prescription fills and OTC product sales.
2. COVID-19 Testing: Multiple COVID-19 testing options including rapid antigen, PCR, and combination tests. Revenue generated from test fees.
3. Immunizations/Vaccines: Administration of various vaccines including COVID-19, flu, RSV, shingles, pneumonia, and others.
4. Surgical/Medical Supplies: Sale of home medical equipment including lift chairs, bathroom safety products, mobility aids, compression garments, orthotics, and diabetic supplies.
5. Diabetes Management Program: Diabetes Self-Management Education and Support (DSMES) program, accredited through ADCES.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Neergaard Pharmacies operates two Brooklyn storefronts dispensing prescription and OTC medications, administering adult and travel vaccinations, performing multiple COVID-19 and respiratory tests, and fitting/selling home medical equipment and surgical supplies including lift chairs, mobility aids, compression garments, orthotics, and mastectomy products. It also delivers an accredited Diabetes Self-Management Education and Support (DSMES) program and operates a toy department, with online prescription refill and vaccine/test appointment scheduling available alongside in-person service.

Product overview

Neergaard Pharmacies is a Brooklyn-based pharmacy chain founded in 1888, operating as a single unified pharmacy and surgical supply business with two locations (5th Ave and 7th Ave). The core offering combines traditional pharmacy services (prescription refills, immunizations, OTC medications) with an e-commerce surgical supply catalog featuring medical equipment from brands like Golden Technologies, Drive Medical, Invacare, Jobst, Stander, and CAREX. Additional services include COVID-19 and flu testing, comprehensive vaccine administration, a Diabetes Self-Management Education and Support Program (DSMES), custom orthotics and mastectomy fittings, and a toy department. The company holds ACHC accreditation for healthcare quality.

Differentiator

Problem solved

Functional benefit

Products and services

• Pharmacy Services Traditional community pharmacy services including prescription dispensing, over-the-counter medication sales, pharmacist consultations, and in-person immunization administration across both Brooklyn locations, with the 5th Ave location open until midnight.
• COVID-19 and Respiratory Testing Services Five-test COVID-19 and respiratory testing menu including Combination Rapid COVID-19 Antigen + Rapid Influenza A+B test ($129), On-Site RT-PCR/Flu/RSV test ($249), Standard PCR test ($35 collection fee plus possible $100 lab charge), Rapid Point of Care Molecular PCR-based test ($199), and Rapid Antigen COVID-19 test ($65), administered in-store with online appointment scheduling.
• Vaccine Services Comprehensive adult and travel immunization administration covering the 2025-2026 updated COVID-19 vaccine, seasonal flu, RSV (adults 60+ and pregnant individuals), shingles, pneumonia, Hepatitis A/B, HPV, Tdap, Meningitis, MMR, and Varicella vaccines, available at both Brooklyn locations via walk-in or online appointment scheduling.
• Diabetes Support Program (DSMES) Nationally accredited Diabetes Self-Management Education and Support program delivering structured education on medication options and treatment goals, healthy eating, active lifestyle, peer support groups, and access to a diabetes care team, billed as a professional service.
• Surgical Products and Custom Fittings In-store surgical supply and custom-fitting service offering home medical equipment (diabetic shoes, orthotics, orthopedic supplies, therapeutic shoes, compression stockings, mastectomy products) with certified pedorthist orthotic fittings and post-mastectomy fittings performed by both male and female fitters for patient comfort.
• Surgical Catalog (Online Medical Equipment Storefront) E-commerce catalog storefront selling mobility devices, bathroom safety products, lift chairs, hospital beds, respiratory equipment, and compression products from brands such as Golden Technologies, Drive Medical, Invacare, Jobst, Stander, and CAREX, ordered via the website's product inquiry forms.
• Toy Store Adjacent in-store toy department offering games, puzzles, educational toys, arts and crafts, stuffed animals, and baby toys with gift-wrapping service, positioned as a family-traffic differentiator versus typical pharmacies.

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered minor and core.

• VGM ForbinminorOthersVGM Forbin is the web solutions provider for Neergaard Pharmacy's website. They handle website development and maintenance. Contact for web accessibility issues: [email protected] or 864-881-2823.
• Accreditation Commission for Health Care (ACHC)coreOthersACHC provides accreditation for Neergaard Pharmacy, demonstrating their high level of care standards. This accreditation validates the quality of healthcare services provided.
• Association of Diabetes Care & Education Specialists (ADCES)coreOthersADCES accredits Neergaard's Diabetes Self-Management Education and Support (DSMES) program, providing nationally recognized diabetes education standards.

Scale indicators3 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Walgreens: Major US retail pharmacy chain with significant NYC presence. Competes on dispensing, vaccines, and DME, and through its Duane Reade brand is one of Neergaard's closest New York competitors.
• CVS Pharmacy: Largest US retail pharmacy chain with deep NYC/Brooklyn presence. Directly competes on prescription dispensing, immunizations, OTC, and home medical supplies with national-scale buying power and PBM integration.
• Duane Reade: NYC-focused retail pharmacy chain owned by Walgreens. Operates densely across Brooklyn and Manhattan, directly competing with Neergaard on local convenience and prescription capture.
• Rite Aid: Multi-state retail pharmacy chain offering prescription, vaccine, and DME services comparable to Neergaard's mix. Smaller NYC footprint but direct format and service-line competitor.

Emerging players

• Capsule: NYC-born digital pharmacy offering free same-day delivery and a mobile-first patient experience. Targets the same Brooklyn patient base as Neergaard with a fundamentally different (digital, delivery-led) service model.
• Alto Pharmacy: Tech-enabled pharmacy with free same-day delivery and a patient app. Represents the digitally native model competing for the same maintenance-prescription and specialty-medication revenue Neergaard depends on.

Others

• Health Mart: McKesson-owned franchise and buying group for independent pharmacies. Comparable operating model and provides group purchasing, branding, and clinical programs relevant to an independent like Neergaard.
• GoodRx: Consumer-facing prescription pricing and discount platform. Disintermediates retail pharmacies by steering cash-pay and uninsured customers toward mail-order alternatives, affecting independents like Neergaard.

Broad incumbents

• Amazon Pharmacy: Amazon's mail-order pharmacy integrated with Prime. A structural threat to independent retail pharmacies like Neergaard on price, convenience, and home delivery for maintenance medications.

Regional players

• CityMD: Urgent care chain with dense NYC presence that administers vaccines, COVID testing, and strep/flu services. Competes with Neergaard specifically on the testing and immunization side of the business.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/Neergaard-Pharmacies-247635079030100/?rf=104570456275194
• LinkedInlinkedin.com/company/neergaard-pharmacies

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

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 Neergaard Pharmacies