Independent Pharmacy Today

• Independent pharmacy: $84 billion marketplace

• Independent pharmacy prescription sales: $78 billion

• Independents dispense 1.4 billion prescriptions annually; 41% of the retail prescription market

• Prescription medicines are our core business: 92.4% of annual sales are Rx medicines

• Average independent pharmacy sales: $3.6 million

• Average prescription sales: $3.49 million

• Average number of prescriptions per pharmacy: 62,087 annually, 196 per day

• There are 23,348 single-store independent pharmacies, independent chains, independent franchises, independent long-term care and home I.V. pharmacies, and independent pharmacist-owned supermarket pharmacies (40% of the nation’s 58,478 pharmacies)

Independent Ownership

• 30% of independent owners own two or more pharmacies
• Overall, the average independent owns 1.69 pharmacies

Independent pharmacies offer a wide range of patient services

• The top services offered in 2006 were: nutrition (91%), delivery (86%), charge accounts (86%), compounding (79%), herbal medicine (75%), and community outreach (67%)

Staffing in independent pharmacies

• Average independent employs 13.4 full-time equivalent (FTE) employees
• Average independent employs 3.2 FTE pharmacists (including owner)
• Average independent employs 4.6 FTE technicians

Generic drug utilization

• 58% of drugs dispensed by independent pharmacies are generics

Source: 2007 NCPA-Pfizer Digest
(National Community Pharmacists Association-NCPA)