The Medicine Shoppe pharmacy was established in 1968 by St. Louis pharmacist, Michael Busch. Busch’s mission was to bring to his community a pharmacy that was both dedicated to personalized service and managed by the pharmacist.
Busch’s pharmacist-run business model allowed him the freedom he needed to grow his business and simultaneously focus on the needs of his customers. It quickly proved successful.
In 1970, Busch established Medicine Shoppe International, Inc. (MSI), allowing him to extend franchise-ownership opportunities to other customer-friendly, entrepreneurial pharmacists and independent investors. In 1971, the first franchised Medicine Shoppe pharmacy opened.
Over the years, MSI continued to grow, adding health screenings, medication therapy management, Specialized Care Centers and other unique services. In 1991 the company expanded internationally with its first master franchise in Taiwan.
In 1995, Cardinal Health, acquired MSI. In 2003, MSI acquired Medicap Pharmacies Incorporated, further expanding the brand’s reach.
Today, MSI continues to grow and focus on the needs of the customer by offering a full line of over-the-counter products, important health screenings, and the personal care and attention of a knowledgeable pharmacist who always takes the time to get to know his or her customers.
Learn more about your local Medicine Shoppe pharmacy’s services by using our find a pharmacy link.
THE MEDICINE SHOPPE PHARMACY FAST FACTS
For a detailed company history, please see the timeline.
“Caring beyond prescriptionsSM”
Medicine Shoppe International, Inc. is headquartered in St. Louis, Missouri.
Cardinal Health acquired Medicine Shoppe International, Inc. in November 1995. For more information regarding Cardinal Health, please see below or visit our Web site.
- Named “Pharmacy Chain of the Year” in 1998 by Drug Topics magazine.
- Led the chain and independent drugstore arena in customer satisfaction, proven by a #1 rating in Wilson Rx Survey four years in a row: 2001, 2002 2003 and 2004.
- Ranked 33rd international franchise by Entrepreneur International magazine.
MEDICINE SHOPPE INTERNATIONAL, INC.
Medicine Shoppe International, Inc. (MSI), a Cardinal Health Company, is distinguished for its commitment to providing expert, personalized health care. MSI is the largest franchisor of independent community pharmacies in the U.S. with over 850 Medicine Shoppe® and Medicap Pharmacy®** locations across the United States, and more than 400 international pharmacies in Canada, China, Japan, Indonesia, and the Middle East.
** MSI acquired Medicap Pharmacies Incorporated in 2003 which franchises independent community pharmacies in the U.S. under the Medicap Pharmacy trade name.
Headquartered in Dublin, Ohio, Cardinal Health, Inc. (NYSE: CAH) is a $96 billion health care products and services company that improves the cost-effectiveness of health care. Cardinal Health helps pharmacies, hospitals, physician offices, surgery centers and other ambulatory care sites simplify the business of health care, so providers can focus on patient care. With a focus on making health care supply chains safer and more efficient, the company is one of the largest suppliers of pharmaceutical and medical products in the world, operates the largest network of radiopharmacies in the United States and is a leading manufacturer of medical products including gloves, surgical apparel and fluid management tools.