NextPlat Corp (NASDAQ: NXPL, NXPLW) has announced an agreement to acquire an independent pharmacy located 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. This acquisition will expand the company’s PharmcoRx retail footprint into an underserved market, where NextPlat plans to introduce same-day delivery, online fulfillment, and higher-margin contracted services. These services include 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. The healthcare segment contributed $39.7 million to the company’s $54.3 million in 2025 revenue.
This acquisition underscores NextPlat’s commitment to strengthening its healthcare and technology solutions through e-Commerce and retail channels worldwide. The company, through acquisitions, joint ventures, and collaborations, seeks to assist businesses in selling their goods online domestically and internationally. NextPlat currently operates an e-Commerce communications division offering voice, data, tracking, and IoT products and services globally, as well as pharmacy and healthcare data management services in the United States through its subsidiary, Progressive Care.
For more details, the full press release is available at https://nnw.fm/8bVkW. Additional updates and information regarding NextPlat can be found in the company’s newsroom at https://nnw.fm/NXPL.
