UPDATED Question of the Day September 1, 2013 How Many Clinics Does a Compounding Veterinary Pharmacy Have to Sell To Before It is Considered Doing More than Traditional Compounding? This one claimed to sell to 9000 veterinary clinics nationwide in 2009 and 11000 in 2012.

Huntington mixes up the right prescription for Roadrunner Pharmacy

[PRESS RELEASE]  San Diego, CA, October 26, 2009 – Huntington Capital mixes up the right prescription for Eaton Veterinary Pharmaceutical, Inc. (dba “Roadrunner Pharmacy”).

Huntington Capital Fund II, LP (“Huntington”), a San Diego based private equity mezzanine fund focused on providing growth capital financing to established lower middle-market businesses throughout California and the Southwestern U.S., is pleased to announce its recent investment in veterinary compounding company Eaton Veterinary Pharmaceutical, Inc. (dba “Roadrunner Pharmacy”).  The purpose of the financing is to support growth and new product development. Founded in 1999, Roadrunner is one of the leading compounding pharmacies in the nation, providing veterinarians and their patients with off the shelf and custom pet medications. Unlike human medical doctors, veterinarians do not have the luxury of a wide variety of commercially available pharmaceuticals.  Eaton has a staff of highly trained pharmacists and prescriptions are compounded in house and shipped out next day air free of charge.

“Roadrunner is the exact type of growth opportunity that we are looking to support in this type of environment,” noted Huntington Partner Tim Bubnack.  “The company is led by an entrepreneur that has done a fantastic job of bootstrapping the business while successfully leading exponential growth over the last few years. In general, we believe that consumers are going to continue to spend money on non-discretionary type items, including medication for their household pets, no matter what is happening in the overall macro environment.  We continue to see this play out in the company’s overall performance.  Outside of their core business, we are also very excited about the potential of several FDA approved medications that are currently in development stage by the company.”

Eaton Veterinary Pharmaceutical, Inc (dba “Roadrunner Pharmacy”)
Roadrunner Pharmacy is one of the leading veterinary compounding pharmacies in the nation.  Located in Phoenix, Arizona, the company currently sells to over 9,000 veterinary clinics nationwide.  Roadrunner is committed to providing the highest quality custom medications at reasonable prices, with all new prescriptions shipped next day air free of charge.  For more information, please visit the company website at www.roadrunnerpharmacy.com.

Huntington Capital
Based in San Diego, CA, Huntington Capital is a leading mezzanine capital provider to lower middle market companies throughout California and the Southwestern United States.  Founded in 2000, Huntington is currently operating out of its second fund, Huntington Capital Fund II, which it raised in 2008 with $78 million in capital commitments from a group of leading institutional investors.  Huntington seeks to invest in established lower middle market businesses generating between $10 million and $75 million in revenues across a broad range of industries; investments are typically structured in the form of growth capital, buyout or acquisition financing ranging between $1.0 million and $6.0 million.  The firm has invested in approximately 35 companies since its founding.  Partners Morgan Miller, Barry Wilson and Tim Bubnack lead Huntington’s management team. For more information, please visit the company website at www.huntingtoncapital.com.

quoted from here

See here for figure of 11000 in 2012