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| Industry | Pharmacy, retail |
|---|---|
| Founded | 1981 [1] |
| Headquarters | Langley, British Columbia |
| Products | Drugs, healthcare products |
| Website | pharmasave |
Pharmasave is a Canadian independent pharmacy and drugstore retailer with over 800 stores across Canada. Pharmasave produces a line of over 700 private-label Pharmasave Brand products. [2]
Pharmasave was created in September 1981 through the merger of two British Columbia-based pharmacy chains, United Pharmacy and Western Drug Mart. [3]
Pharmasave's national office is located in Langley, British Columbia. Its stores are located in nine provinces and territories across Canada and are organized into 2 regions with each region having their own regional offices: West (British Columbia, Alberta, Saskatchewan, Manitoba, and Yukon), and East (Ontario, Newfoundland and Labrador, New Brunswick, Nova Scotia, and Prince Edward Island). [4]
Each of Pharmasave's stores operates independently and they range in size from small dispensaries to large-format home healthcare pharmacies. Each region has a Board of Directors as well as representation on the national Board of Directors. Pharmasave's business model is one of self-governance, where pharmacy owners are elected to serve on its regional Boards of Directors. This way, the needs of the owners are served by other owners, and not by a separate corporate entity. The success of this model has played an important part in the attracting of new members and its growing store count across the country.
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