Company Research Report: Empower Pharmacy
Company Overview
Name and Mission of the Company
- Company Name: Empower Pharmacy
- Mission: Empower Pharmacy's mission is to expand access to quality, affordable compounded medications. The company aims to provide innovative medication solutions to help people live healthier, happier lives.
History and Founders
- Founded: 2009
- Founder: Shaun Noorian
Key People
- Shaun Noorian: Founder, CEO & Chairman
- Bob Irwin: President
- Thomas Mullin: Chief Sales Officer
- Larry White: Chief Financial Officer
- Manju Krishnaiah: Chief Technology Officer
- Edgar Gonzalez: General Counsel
- Jonathan Abrarpour: Chief Operating Officer
Headquarters
- Location: No specific city is mentioned; however, the company is known for having a large presence in the United States with a significant facility in New Jersey.
Employees
- Number of Employees: 1,000+
Revenue
- Revenue: No information is available.
Recognition
- Known For: Being the largest and most advanced compounding pharmacy in the nation, providing access to personalized, affordable medications through a 503A compounding pharmacy and a 503B outsourcing facility.
Products
Overview of Product Offerings
Empower Pharmacy specializes in compounded medications tailored to individual patient needs. These include a variety of products across several health domains:
Key Products
- Semaglutide / Cyanocobalamin Injection
- Tirzepatide / Niacinamide Injection
- Testosterone Cypionate Injection
- NAD+ Injection
- Sermorelin Acetate Injection
- HCG Injection
- Omnitrope Injection
- Nandrolone Decanoate Injection
- Tralement Injection
- Enclomiphene Citrate Capsules
Product Categories
- Men's Health
- Women's Health
- Weight Management
- Longevity
- Dermatology
- Hormone Replacement
- IV Therapy
- Mental Health
Recent Developments
Recent Developments in the Company
- Empower Pharmacy opened a $55M facility for pharmaceuticals, significantly enhancing its manufacturing capabilities.
- The company acquired a state-of-the-art 170,000-square-foot pharmaceutical manufacturing facility in New Jersey, which increased its sterile manufacturing capacity more than 20-fold.
New Product Launches
- No specific new product launches are mentioned.
New Features Added to Existing Products
- No specific new features added to existing products are mentioned.
New Partnerships
- LO3 Capital announced an investment in Empower Pharmacy, indicating possible strategic growth initiatives.
Other Notable Information
- Accreditations and Compliance: Empower Pharmacy is PCAB Accredited and operates FDA-registered 503A and 503B facilities, ensuring high standards in compounded medication production.
- Services Offered: Empower Pharmacy offers a 25% Uniformed Services Discount for military and paramilitary personnel, federal and state law enforcement, and other service members.
This report presents essential insights into Empower Pharmacy’s operations, innovations, and its focal point of delivering personalized healthcare solutions by expanding access to quality compounded medications.
