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, with the transaction expected to close during the fourth quarter of 2026. The acquisition, subject to customary closing conditions, 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.
The acquired 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. The healthcare segment contributed $39.7 million to the company’s $54.3 million in 2025 revenue.
According to the press release, the acquisition will allow NextPlat to offer support for healthcare providers participating in the federal 340B Drug Pricing Program, long-term care facilities, and government agencies. This move aligns with the company’s broader strategy to grow its healthcare and technology solutions through e-commerce and retail channels worldwide. For more details, the full press release is available at https://nnw.fm/8bVkW.
NextPlat operates through acquisitions, joint ventures, and collaborations to assist businesses in selling goods online domestically and internationally. The company currently runs an e-commerce communications division offering voice, data, tracking, and IoT products globally, as well as pharmacy and healthcare data management services in the United States through its subsidiary, Progressive Care. Investors can find the latest news and updates regarding NXPL at the company’s newsroom: https://nnw.fm/NXPL.
The acquisition underscores NextPlat’s commitment to expanding its healthcare footprint in rural areas, which often face limited access to pharmacy services. By integrating the new pharmacy into PharmcoRx, the company aims to leverage its existing infrastructure to improve patient access to medications and healthcare services. The addition of same-day delivery and online fulfillment options is expected to enhance convenience for patients in the underserved community.
With the pharmacy’s strong financial performance—$5.6 million in sales and 19% retail margins—the acquisition is projected to be immediately accretive to NextPlat’s healthcare segment. The company’s strategy of targeting profitable, debt-free pharmacies in rural markets could provide a scalable growth model. The transaction is anticipated to close in the fourth quarter of 2026, pending standard closing conditions.
This expansion comes as NextPlat continues to diversify its revenue streams, with healthcare now representing the majority of its total revenue. The company’s focus on the 340B program, which allows eligible healthcare providers to purchase drugs at discounted prices, could further differentiate PharmcoRx in the competitive pharmacy landscape. For more information on NetworkNewsWire, visit https://www.NetworkNewsWire.com.
