PSI–The Pharmacy Regulator

Name

PSI–The Pharmacy Regulator

Legal name

The Pharmaceutical Society of Ireland

Website

https://psi.ie

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Pharmacy Regulation

NAICS

Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors (92615)

akta.pro primary industry

Controlled Substances & Pharmacy Regulation Authorities (HLAJACAI)

Keywords

• Pharmacy regulation
• Pharmacist registration
• Pharmacy inspection
• Professional standards
• Continuing professional development

Headquarters

HQ city

Dublin

HQ country

Ireland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others

Revenue model

1. Registration Fees: The PSI generates revenue primarily through statutory registration fees charged to pharmacists, pharmaceutical assistants, and pharmacies for registration, continued registration, qualification recognition, and other registration-related applications. Fee changes were implemented effective May 2026 following a Core Funding Review.
2. Annual Registration Fees: Pharmacies pay annual continued registration fees as set out in statutory fees rules. The Core Funding Review conducted in 2025 recommended fee increases to ensure cost-recovery basis operations.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

PSI is the statutory regulator for pharmacists, pharmaceutical assistants, and pharmacies in Ireland, established under the Pharmacy Act 2007. It delivers registration services, education and training standards, inspections, complaints and fitness-to-practise investigations, and supporting guidelines and resources to protect patient safety and public trust in pharmacy practice. Funding is derived primarily from statutory registration fees on a cost-recovery basis.

Product overview

PSI–The Pharmacy Regulator is Ireland's statutory body for regulating pharmacists, pharmaceutical assistants, and pharmacies. It operates a portfolio of regulatory services organized around core registration functions (Searchable Public Registers, Pharmacist/Pharmacy/Pharmaceutical Assistant Registration), regulatory oversight (Inspections, Complaints and Concerns Management, Fitness to Practise), and professional development support (Irish Institute of Pharmacy/CPD, training programmes). The organization also provides electronic record-keeping capabilities for pharmacy businesses, supports expanded pharmacy services (Common Conditions, Prescription Extension, Vaccinations), and maintains the Internet Supply List for online medicine sellers. All services are delivered through the PSI website and registration portals, with third-party partnerships for education (IIOP, Schools of Pharmacy) and health agencies (HPRA, HSE).

Differentiator

Problem solved

Functional benefit

Products and services

• Search Registers Publicly accessible online searchable registers allowing users to look up pharmacists, pharmaceutical assistants, pharmacies, and internet supply list suppliers registered in Ireland.
• Pharmacist Registration Services Registration, continued registration, restoration, and cancellation services for pharmacists seeking to practise in Ireland, including first-time registration routes for qualifications obtained in Ireland, EU, or outside the EU.
• Pharmacy Registration Services Registration services for retail pharmacy businesses including first-time registration, continued registration, changes of ownership, temporary relocations, and registration for companies under the Companies Act 2014.
• Pharmaceutical Assistants Registration Registration services for pharmaceutical assistants who must be registered with the PSI to practise in Ireland.
• Inspections PSI conducts inspections of pharmacies and internet supply operators to protect patients and the wider public by ensuring safe and effective pharmacy practice, including the Pharmacy Assessment System for self-review.
• Complaints and Concerns Management Formal complaint and concern submission processes including statutory complaints, fitness to practise investigations, disciplinary committees, inquiry processes, and published complaint outcomes.
• Irish Institute of Pharmacy (IIOP) PSI-established institute responsible for developing and implementing the Continuing Professional Development (CPD) system and ePortfolio review process for pharmacists on behalf of the regulator.
• Common Conditions Service Service enabling pharmacists to prescribe for a range of common conditions, with associated training, PSI guidelines and regulatory enablers.
• Prescription Extension Service Service enabling pharmacists to extend and dispense certain prescriptions beyond the original period and to continue prescriptions for contraception beyond 12 months.
• Internet Supply List PSI-maintained list of approved online sellers of non-prescription medicines under the Falsified Medicines Directive and EU common logo initiative.

Quantifiable outcome

• Patient safety and public trust in pharmacy practice in Ireland

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• Royal College of Surgeons in Ireland (RCSI)coreStrategic or Co-development Partner · 27 May 2026The PSI welcomed Health Research Board funding awarded for the PARTNER Project (Patient and Public Involvement), an innovative project conducted in collaboration with RCSI to promote patient and public involvement in pharmacy regulation.
• Irish Institute of Pharmacy (IIOP)coreStrategic or Co-development PartnerThe IIOP is charged with the development and implementation of the system of Continuing Professional Development (CPD) on the PSI's behalf. The CPD system includes an ePortfolio submission/review process. Registrant contact details are shared with IIOP for CPD administration and updates.
• Health Products Regulatory Authority (HPRA)coreStrategic or Co-development PartnerHPRA staff send patient safety alerts relating to medicines and medical devices to pharmacists, pharmacies, and pharmaceutical assistants through PSI contact channels. The PSI and HPRA can carry out inspections of premises involved in internet supply of non-prescription medicines.
• Health Service Executive (HSE)coreStrategic or Co-development PartnerThe PSI shares registrant information with the HSE for public health purposes. Information may be shared with HSE for investigation of complaints or concerns. HSE nominates members to the PSI Council.
• Schools of Pharmacy (Trinity College Dublin, RCSI, University College Cork)coreStrategic or Co-development PartnerThe PSI is responsible for defining and ensuring standards of education and training for pharmacists qualifying in Ireland. The PSI accredits pharmacy degree programmes at these institutions and collaborates with them to deliver and enhance pharmacy education.
• Market Authorisation Holders (MAHs)minorGTM or Marketing PartnerRegistrant contact details are shared with MAHs through selected vendors to facilitate the sending of Direct Health Professional Communications (DHPCs) for medicines, in collaboration with IPHA and MFI.
• Irish Pharmaceutical Healthcare Association (IPHA)minorGTM or Marketing PartnerCollaborates with the PSI and Alliance of Medicines for Ireland CLG (MFI) to facilitate the sending of Direct Health Professional Communications (DHPCs) to pharmacists through MAHs.
• Alliance of Medicines for Ireland CLG (MFI)minorGTM or Marketing PartnerCollaborates with the PSI and IPHA to facilitate the sending of Direct Health Professional Communications (DHPCs) to pharmacists through MAHs.
• An Garda SíochánacoreStrategic or Co-development PartnerInformation may be shared with An Garda Síochána during investigations of complaints, fitness to practise matters, or prosecutions related to pharmacists or pharmacies.
• Tusla (Child and Family Agency)coreStrategic or Co-development PartnerInformation may be shared with Tusla during investigations of complaints or concerns about pharmacists or pharmacies where child welfare may be involved.

Scale indicators2 records

Recent moves6 records

Expansion highlights6 records

Market position

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/PSIRegulator
• YouTubeyoutube.com/channel/UCHzGl0S3z-ImMgDyvQz0WKw
• LinkedInlinkedin.com/company/psi%E2%80%93pharmacy-regulator/mycompany/?viewAsMember=true%2F

Revenue estimate

Valuation estimate

Number of profiles

Profiles24 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 PSI–The Pharmacy Regulator