Source: LOHAS Weekly Newsletter
Published: Friday, December 05, 2003

Holistic pharmacy chain garners funds from Columbia/HCA Healthcare Corp. founder.

Pharmaca Integrative Pharmacy Inc. has completed a $5.5 million equity financing from Richard L. Scott Investments LLC. The Boulder, Colo.-based pharmacy chain will use the money to open additional stores in the U.S. Currently Pharmaca operates eight stores in the Western U.S.

Richard L. Scott Investments' namesake, who is also the founder and former CEO of Nashville, Tenn.-based HCA Inc., will also join Pharmaca's board of directors.

In April, the company announced a $5 million stock financing agreement.