NextPlat Opens New Jacksonville Pharmacy Location to Offer High-Value Services for Patients and Local Healthcare Providers

NextPlat (NASDAQ: NXPL) has opened a PharmcoRx community pharmacy in Jacksonville, Florida, expanding its healthcare services network in the state.

Rhea-AI Summary

NextPlat (NASDAQ: NXPL) has opened a PharmcoRx community pharmacy in Jacksonville, Florida, expanding its healthcare services network in the state.

The pharmacy is across from HCA Florida Memorial Hospital. Its planned services include prescription fulfillment, medication management and specialty pharmacy support for patients receiving complex or high-cost therapies. It will also offer contracted services for providers participating in the 340B discounted drug pricing program and services for long-term care facilities. PharmcoRx currently operates six retail pharmacies across Florida.

Key Figures

Retail pharmacy network: 6 pharmacies

Retail pharmacy network

6 pharmacies

PharmcoRx network across Florida

Historical Context

1 past event · Latest: Oct 06

1 event

1. Oct 06

   Pharmacy acquisition

   24h Move

   +3.7%

   Acquired a profitable Pensacola-area pharmacy, expanding PharmcoRx's Florida network to five locations.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

340b

1 terms

340b regulatory

"contracted services for 340B providers, long-term care facilities"

340B is a U.S. federal program that lets qualifying hospitals and clinics buy outpatient prescription drugs at steep, government-negotiated discounts so they can stretch limited budgets and serve low-income or uninsured patients. For investors, 340B affects how much drugmakers earn on certain sales and how safety-net providers generate margin—think of it like a factory discount card that changes both the seller’s revenue and the buyer’s ability to reinvest savings in operations.

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New Jacksonville location expands PharmcoRx's statewide network with contracted services for 340B providers, long-term care facilities and specialty pharmacy patients

HALLANDALE BEACH, Fla. and JACKSONVILLE, Fla., Oct. 13, 2026 /PRNewswire/ -- NextPlat Corp (NASDAQ: NXPL) ("NextPlat" or the "Company"), a global consumer products and services company providing healthcare and technology solutions through e-commerce and retail channels worldwide, today announced the opening of a new PharmcoRx community pharmacy in Jacksonville, Florida.

Located at 3604 University Blvd South, Suite 102, the new pharmacy is directly across from the HCA Florida Memorial Hospital with multiple specialty medical practices and healthcare service providers nearby and offers convenient access to major southside Jacksonville business and residential areas.

"The opening of our new Jacksonville pharmacy in northern Florida further diversifies and complements our growing footprint. As we continue to grow our healthcare operations, we see the opening of new locations and selective acquisitions of well-established pharmacies as the ideal way to bring our unique combination of retail and higher-margin contracted services to underserved communities across Florida," said David Phipps, CEO of NextPlat.

PharmcoRx, NextPlat's dedicated healthcare services unit, currently operates a growing network of six retail pharmacies serving patients across Florida providing full-service prescription fulfillment, medication management, high-touch, same day delivery, and integrated patient support. It also provides a full suite of high-margin contracted services for healthcare providers and institutions including 340B, long-term care facilities and government agencies. By combining retail, specialty, institutional, 340B and government services, PharmcoRx can serve multiple patient populations and healthcare partners through a single pharmacy operation, differentiating itself from the traditional mass-market pharmacy chains.

Rodney Barreto, Chairman of NextPlat Corp, added, "Our expansion into rapidly growing Jacksonville, Florida, enables us to bring our high-quality PharmcoRx services to another vibrant community as we continue to expand across the state. We believe there is growing demand for high-quality, patient-centric healthcare services such as those delivered by PharmcoRx, creating significant growth opportunities for us in the in the months ahead."

PharmcoRx's Jacksonville location will feature a full array of integrated pharmacy solutions including:

• Full-service prescription fulfillment, medication management, delivery, patient support and coordination with healthcare providers.
• Higher-margin contracted services for healthcare providers participating in the government's 340B discounted drug pricing program which supports poor or underserved populations such as children's and sole community hospitals, hemophilia diagnostic treatment centers, HIV/sexually transmitted disease and family planning clinics, with prescription fulfillment, inventory management, claims administration, compliance support and reporting services.
• Services designed for long-term care, assisted living facilities, senior-care communities and other institutions including customized medication packaging, scheduled delivery, pharmacist oversight and medication administration support.
• Specialty pharmacy service for patients receiving complex or high-cost therapies through specialized dispensing, education, adherence monitoring and coordination with prescribers and insurers.

By offering a full array of integrated pharmacy services, PharmcoRx can diversify its business model and reduce its reliance on any one customer channel, creating several avenues for sustainable, long-term growth.

For more information about NextPlat, please visit www.NextPlat.com and connect with us on Facebook, LinkedIn and X.

About NextPlat Corp
NextPlat is a global consumer products and services company providing healthcare and technology solutions through e-commerce and retail channels worldwide. Through acquisitions, joint ventures, and collaborations, the Company seeks to provide access to high-quality healthcare and pharmacy services supporting patients, providers, institutions, and public-sector organizations and creating online sales channels for the sales of products to domestic and international consumers. Through its subsidiaries, NextPlat provides pharmacy and healthcare data management services and prescription fulfillment services in the United States and operates an e-commerce division offering voice, data, tracking, and IoT products and services worldwide.

Forward-Looking Statements
Certain statements in this release constitute forward-looking statements. These statements include the capabilities and success of the Company's business and any of its products, services or solutions. The words "believe," "forecast," "project," "intend," "expect," "plan," "should," "would," and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors, including the Company's ability to successfully operate new pharmacies, and expand as intended, any of which could cause the Company to not achieve some or all of its goals or the Company's previously reported actual results, performance (financial or operating), including those expressed or implied by such forward-looking statements. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with the SEC, copies of which may be obtained from the SEC's website at www.sec.gov. The Company assumes no, and hereby disclaims any, obligation to update the forward-looking statements contained in this press release.

Media and Investor Contact for NextPlat Corp:
Michael Glickman
MWGCO, Inc.
917-397-2272
mike@mwgco.net

 

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SOURCE NextPlat Corp.