NextPlat Corp Expands PharmcoRx With Planned Florida Pharmacy Acquisition

NextPlat Corp (NASDAQ: NXPL, NXPLW) has announced an agreement to acquire an independent pharmacy in a rural community near Pensacola, Florida, for $1.5 million in cash. The transaction is expected to close during the fourth quarter of 2026, subject to customary closing conditions. The acquisition will expand the company’s PharmcoRx retail footprint into an underserved market, where it plans to introduce same-day delivery, online fulfillment, and higher-margin contracted services, including support for healthcare providers participating in the federal 340B Drug Pricing Program, long-term care facilities, and government agencies.

The pharmacy generated approximately $5.6 million in sales during 2025 with retail margins of about 19% and operated profitably with positive working capital and no debt. NextPlat said the acquisition supports its strategy of expanding healthcare operations through rural pharmacy acquisitions, building on PharmcoRx’s existing network of four specialty pharmacies in Florida and the healthcare segment’s $39.7 million contribution to the company’s $54.3 million in 2025 revenue.

This acquisition underscores NextPlat's commitment to strengthening its healthcare and e-commerce presence. The company, through its subsidiary Progressive Care, provides pharmacy and healthcare data management services across the United States. By targeting rural communities, NextPlat aims to address gaps in healthcare access while leveraging its e-commerce capabilities to offer convenient services like same-day delivery.

For more details on the announcement, visit the full press release at https://nnw.fm/8bVkW. Additional information about NextPlat and its operations can be found in the company’s newsroom at https://nnw.fm/NXPL.