You can work here, eat here, vacation here, live here, shop here, enjoy live entertainment here and now, you soon you will be able to keep on top of your health and get your prescriptions taken of here. It’s absolutely amazing what Legacy West is growing into and Dougherty’s Pharmacy will soon be a part of it.
Dougherty’s Pharmacy announced on Feb. 28 it is opening a new retail pharmacy in Plano at The Campus at Legacy West. Dougherty’s will fill prescriptions from its Campbell Road location until it receives its pharmacy license.
“We applaud The Campus at Legacy West’s commitment to the health and wellness of its tenants by making convenient pharmacy services available right at the work site,” said James C. Leslie, the company’s chairman, interim president, and chief financial officer.
This new location will offer pharmacy services and retail products to the approximately 3,000 JCPenney Home Office employees and is open to all other future tenants and visitors of The Campus at Legacy West. Dougherty’s is initially filling prescriptions via concierge service from its pharmacy on Campbell Road until the new location receives its pharmacy license, which is expected to occur within the standard 90-day waiting period. Dougherty’s anticipates first-year revenues from the new location of less than $1,000,000 as the pharmacy establishes itself at the new location.
“This represents the sixth pharmacy location for Dougherty’s, and we are pleased to offer our white-glove pharmacy services and high-end retail products to employees who office at The Campus at Legacy West,” said James C. Leslie, the Company’s Chairman of the Board and Interim President and CFO. “We applaud The Campus at Legacy West’s commitment to the health and wellness of its tenants by making convenient pharmacy services available right at the work site.”
While the initial pharmacy location is housed in a 700-square-foot space on the lower level of the complex, the pharmacy will move to a 2,000-square-foot location on the lobby level later this year.
About Dougherty’s Pharmacy, Inc.
Dougherty’s Pharmacy, Inc. is a retail pharmacy chain focused on successfully acquiring, managing and growing community-based pharmacies in the Southwest Region of the United States. On June 9, 2017, the Company changed its name from Ascendant Solutions, Inc. to Dougherty’s Pharmacy, Inc. to better reflect the corporate vision and operating structure. Dougherty’s currently has approximately $48 million in net operating loss carryforwards which can be used to shelter future income, thus enhancing free cash flow or debt service capabilities. Interested investors can access financials and stock trading information for Dougherty’s at OTCMarkets.com or at www.doughertys.com.
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