Pharmacy is the most well known type of pharmacy. It is this type that is most traditionally known as the pharmacist or chemist shop. A community pharmacist usually works in a store that provides the community with access to the medications they need, as well as advice to promote the safe and effective use of the medicines they provide. They can tell their customers what drugs may interact with each other or with alcohol, and help prevent dangerous or troublesome combinations or side-effects of medication. Helping patients with the reimbursement of drug expenses, supervising pharmacy technicians and keeping inventory of the drugs stocked also make up part of their duties.

Compounding Pharmacy

A compounding pharmacy involves the production and preparation of medicines in new forms. This may include reformulating a powder tablet to a solution, which can assist in the administration of the drug for certain patients.

A compounding pharmacist may work in a community, clinical or residential-based setting, depending on the purpose of their formulation. They may also dispense ready-made medications in some circumstances.

Consulting Pharmacy

The consulting pharmacy is a relatively new branch of pharmacy, born in 1990. It focuses on the theoretical review of medications rather than dispensing medicines. Consultant pharmacists often work in nursing homes or visit patients in-home to provide their services, in order to enable them to use medications most effectively.

Ambulatory Care Pharmacy

The ambulatory pharmacy provides healthcare services to many patients in rural areas, particularly to geriatric populations. These pharmacists help in the management of patients who are at higher risk of drug-related problems or disease complications due to lack of control over the condition. As ambulatory pharmacy is a mobile service that can meet patients where they are, and therefore help to reduce the number of hospital visits that their patients require. They are often directly or indirectly employees of a managed healthcare organization.

Regulatory Pharmacy

Also known as government pharmacy, regulatory pharmacy is responsible for creating rules and regulations for the safe use of medicine to promote positive health outcomes. This includes pharmacists working in public health and regulatory health boards, such as the Food and Drug Administration in the United States.

Home Care Pharmacy

Home care pharmacy primarily involves the preparation and delivery of injectables to critically ill patients in the home environment. This is also sometimes referred to as infusion pharmacy, as only injectable medications are dispensed, and not medication administered in other forms, such as oral or topical. They may major in one or the other area of illness, such as infusions for nutritional support, chemotherapy, mental illness or oncology.

Managed care pharmacy

Managed care pharmacy involves the planning and management of medication in health maintenance organizations, such as hospitals, nursing homes and extended healthcare centers.

Research pharmacy
Research pharmacists work on developing new drugs and profiling their actions, effectiveness, side-effects and interactions.

Specializations in Pharmacy
Some pharmacists may specialize in a certain area of drug therapy with a master’s degree or other continued learning. This helps them to gain proficiency and recognition to practice in specialized fields. This may include areas such as:

Oncology pharmacy
Nuclear pharmacy
Geriatric pharmacy
Psychopharmacotherapy
Personal pharmacy
Nutritional support pharmacy
Hospice pharmacy
Pediatric pharmacy
Pharmacy benefit manager
Poison control pharmacy

Each of these specializations is a type of pharmacy in its own right, although such pharmacists usually practice in a hospital pharmacy. Their unique knowledge base makes it possible for them to provide medical information in particular relevant situations.