You have safely signed out. Thank you for banking with National Bank of Arizona.

Your session expired and you have been signed out for your safety.

Tailor Made

National Bank of Arizona helps specialty pharmacy create customized medications.

Brothers Ashish and Anish Patel and their good friend Chau Ma had a “light bulb” moment in early 2021 when they decided to start their own compounding pharmacy.

 “We knew we could provide better customer service than anywhere else, and we knew we could make compounded (custom-created) medications more affordable than other places,” Anish says.

Together, the three pharmacists have nearly a half century of compounding experience. Ashish and Chau worked for private compounding pharmacies, and Anish worked for a hospital in an IV lab. They all wanted more control in their careers, but they knew in order to accomplish their goal, they needed financing to construct a compounding lab, which requires specialized air flow and air filtration. 

Ashish’s father-in-law recommended they contact Chris Sarver, vice president and business banking team lead at National Bank of Arizona. That connection proved to be just what they needed to jumpstart their business. Sarver assisted them in securing an SBA loan that included a construction portion for their own building in Scottsdale near Frank Lloyd Wright Boulevard and 114th Street, as well as a mortgage and operating capital. In January 2022, Epiphany Compounding opened their doors to the public. 

The biggest part of the business is devoted to custom-created hormone replacement medications. They also produce specially formulated dermatological products to treat aging skin, acne and other conditions, and topical antibiotics to treat wounds that aren’t healing. Doctors prescribe the medications, but unlike prescriptions filled at a commercial pharmacy, those written for a compounding pharmacy can be customized to include almost any ingredient the doctor would like in the medication.

“Word was getting around, I think, that we provide outstanding customer service, quick turnaround and affordable prices.”

At first, Anish says, business was slow. “I decided to get in my car and visit doctors’ offices to let them know what we offer,” he recalls. “Because this was toward the end of the pandemic, we were still wearing masks. It’s hard to make a human connection with a stranger wearing a mask, so we faced a lot of rejection from receptionists in doctors’ offices.”

 But the pharmacists persevered, ultimately connecting with women’s health doctors, dermatologists, infectious disease specialists and pain management specialists. “Around September of last year, our volume of business suddenly tripled,” says Anish. “Word was getting around, I think, that we provide outstanding customer service, quick turnaround and affordable prices.”

One of their clients at that time was an elderly woman whose deep calf wound was not healing, putting her at risk of imminent amputation. Her dermatologist prescribed a compounded, topically applied antibiotic.

“Oral antibiotics weren’t working with her particular wound infection,” Anish explains. “Because the blood flow to the area was reduced or almost absent, oral and intravenous medication barely reached it. At least with topical medication, there was a chance.” 

In that patient’s case, the topical antibiotic they created cleared the infection and saved her leg.

Though Epiphany, like most compounding pharmacies, doesn’t contract with insurance companies—because insurance typically doesn’t cover compounded medications—their prices are affordable. “A simple retinol product,” Anish says, “is less than a dollar a day.”

 Sarver, who also owned his own business and understands the challenges of starting a new entity, says it’s exciting to see the highly skilled pharmacists have an entrepreneurial mindset and be willing to go out on their own. 

“Before their business even launched, they had a request for a pretty large loan,” he says. “Other banks may not have been able to lend them the money at that point, but National Bank of Arizona was able to see where their business was going and that they needed funds to get off the ground.”

 Anish appreciates the personalized service. “I can call Chris at any time and he’s available to help me or answer questions. I called him once and he answered the phone while he was sitting on a beach on vacation. Very impressive.”

“These pharmacists are so caring and really believe in helping people,” Sarver says. “They create medications [at a lower cost] than other places because they all have a heart for what they do. They place their clients over profits, for sure.”

Arizona Business Today featuring Epiphany Compounding

Warning: you’re about to leave!

You're about to leave National Bank of Arizona's website and be directed to a website that is not affiliated with Zions Bancorporation, N.A. dba National Bank of Arizona and may have a different privacy policy and level of security. Zions Bancorporation, N.A. is not responsible for, and does not endorse or guarantee, the privacy policy, security, accuracy, or performance of the third party’s website, or the information, products, or services that are expressed or offered on that website.

Warning: you’re about to leave!

You're about to leave National Bank of Arizona's website and be directed to a website that is not affiliated with Zions Bancorporation, N.A. dba National Bank of Arizona and may have a different privacy policy and level of security. Zions Bancorporation, N.A. is not responsible for, and does not endorse or guarantee, the privacy policy, security, accuracy, or performance of the third party’s website, or the information, products, or services that are expressed or offered on that website.

Warning: you’re about to leave!

You're about to leave National Bank of Arizona's website and be directed to a website that is not affiliated with Zions Bancorporation, N.A. dba National Bank of Arizona and may have a different privacy policy and level of security. Zions Bancorporation, N.A. is not responsible for, and does not endorse or guarantee, the privacy policy, security, accuracy, or performance of the third party’s website, or the information, products, or services that are expressed or offered on that website.

Warning: you’re about to leave!

You're about to leave National Bank of Arizona's website and be directed to a website that is not affiliated with Zions Bancorporation, N.A. dba National Bank of Arizona and may have a different privacy policy and level of security. Zions Bancorporation, N.A. is not responsible for, and does not endorse or guarantee, the privacy policy, security, accuracy, or performance of the third party’s website, or the information, products, or services that are expressed or offered on that website.

Warning: you’re about to leave!

You're about to leave National Bank of Arizona's website and be directed to a website that is not affiliated with Zions Bancorporation, N.A. dba National Bank of Arizona and may have a different privacy policy and level of security. Zions Bancorporation, N.A. is not responsible for, and does not endorse or guarantee, the privacy policy, security, accuracy, or performance of the third party’s website, or the information, products, or services that are expressed or offered on that website.