ParMed Pharmaceuticals
ParMed Pharmaceuticals is a privately held U.S. pharmaceutical distributor founded in 1968 and headquartered in Niagara Falls, NY, with 51-100 employees, supplying pharmaceuticals to downstream healthcare buyers on a competitive pricing and service basis.
- Company typePrivate
- Founded1968
- HeadquartersNiagara Falls, United States
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
What ParMed Pharmaceuticals does
ParMed Pharmaceuticals is a privately held U.S. pharmaceutical distribution company headquartered in Niagara Falls, New York, founded in 1968 and operating with a workforce in the 51-100 employee range. The company positions itself as a source for pharmaceuticals with a stated emphasis on competitive pricing and superior service, indicating a wholesale or distribution-oriented business model serving downstream buyers such as pharmacies, clinics, or healthcare providers.
Based on available inputs, the company's core activity is the supply and distribution of pharmaceutical products, though the underlying technology stack, proprietary systems, and product catalog are not documented in the source data. No information is available on ERP/ordering platforms, logistics infrastructure, regulatory licenses (DEA, state pharmacy boards), or cold-chain capabilities that would typically characterize a pharmaceutical wholesaler. The company's website at parmed.com currently presents minimal public-facing content, which limits visibility into operational scope and product breadth.
The business model appears to be conventional pharmaceutical distribution: purchasing from manufacturers and reselling to downstream customers at a margin, with pricing positioned as a competitive differentiator. No pricing tiers, contract structures, GTM channels, or customer segments are disclosed in the input data, and there is no information on revenue, funding history, ownership, management team, partnerships, certifications, or geographic footprint beyond the Niagara Falls base. Investors should treat this as a data-thin profile requiring primary diligence on revenue, customer concentration, regulatory standing, and competitive positioning against national wholesalers and regional peers.
ParMed Pharmaceuticals firmographics
Firmographics- Name
- ParMed Pharmaceuticals
- Website
- https://parmed.com
- Company type
- Private
- Founded year
- 1968
- Headcount range
- 51–100 employees
- Short description
- ParMed Pharmaceuticals is a privately held U.S. pharmaceutical distributor founded in 1968 and headquartered in Niagara Falls, NY, with 51-100 employees, supplying pharmaceuticals to downstream healthcare buyers on a competitive pricing and service basis.
- Ownership category
- akta.pro rank
ParMed Pharmaceuticals industry classification
Industry- Product category
- Pharmaceutical Distribution
- NAICS
- Drugs and Druggists' Sundries Merchant Wholesalers (42421)
- SIC
- Wholesale-Drugs, Proprietaries & Druggists' Sundries (5122)
- akta.pro primary industry
- Full-Line Pharmaceutical Wholesalers (HLAIAJAA)
Keywords
Where ParMed Pharmaceuticals is headquartered
LocationHeadquarters
- HQ city
- Niagara Falls
- HQ country
- United States
- HQ region
- North America
Markets served
ParMed Pharmaceuticals business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales
ParMed Pharmaceuticals product offering
Product offeringCore offering
ParMed Pharmaceuticals is a pharmaceutical distributor that supplies high-quality generic and brand pharmaceutical products to its customers. Founded in 1968 and based in Niagara Falls, New York, the company emphasizes competitive pricing and superior service as its core commercial proposition to pharmacy and institutional buyers.
Differentiator
Problem solved
Functional benefit
Products and services
- Pharmaceutical product supply (generic and brand) Distribution and supply of high-quality generic and brand pharmaceutical products to pharmacies, healthcare institutions, and related buyers, with emphasis on competitive pricing and superior service.
Companies that use ParMed Pharmaceuticals
Customer profileIdeal customer profiles1 record
ParMed Pharmaceuticals technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
ParMed Pharmaceuticals partnerships and signals
Strategic signalRecent moves1 record
ParMed Pharmaceuticals competitors and assessment
Company assessmentBroad incumbents
- Cencora (formerly AmerisourceBergen): Top-tier pharmaceutical wholesaler and specialty distributor with national reach; a primary competitive benchmark and potential acquirer of sub-scale wholesalers.
- Cardinal Health: Major pharmaceutical distributor with national full-line operations and integrated retail pharmacy; competes with ParMed for institutional and retail accounts.
- McKesson Corporation: Largest U.S. pharmaceutical distributor with full-line and specialty distribution across all customer segments; sets competitive baseline for pricing, service, and scale.
- SXC Health Solutions (now part of Catamaran/OptumRx): Pharmacy benefit and drug distribution operator acquired by OptumRx; provides context on vertically integrated competitors combining distribution, PBM, and mail-order functions.
Others
- PharmaLex: Provider of regulatory and compliance services to the pharmaceutical supply chain; adjacent ecosystem participant relevant to a wholesaler's compliance and licensing needs.
Direct peers
- Value Drug Company: Regional pharmaceutical distributor serving independent pharmacies; similar scale and go-to-market as ParMed.
- Rochester Drug Cooperative: Member-owned pharmaceutical wholesaler distributing to independent pharmacies and hospitals in the Northeast; comparable in business model and regional footprint to ParMed.
- Smith Drug Company: Mid-sized pharmaceutical wholesaler distributing branded and generic drugs to independent pharmacies and institutions; directly comparable in business model and customer profile.
- Morris & Dickson: Privately held full-line pharmaceutical wholesaler serving independent and regional pharmacy customers, comparable to ParMed in size, scale, and target customer base.
Emerging players
- Anda (Teva Distribution): Specialty pharmaceutical distributor focused on generic and specialty pharmaceuticals to retail pharmacies; comparable offering mix with ParMed and a competitor for generic supply.
Market position
Strengths3 records
Weaknesses3 records
Competitive moat2 records
Key risks4 records
Key highlights4 records
Customer concentration
ParMed Pharmaceuticals social profiles
Digital presenceParMed Pharmaceuticals financial estimates
Financial estimateRevenue estimate
Valuation estimate
ParMed Pharmaceuticals leadership team
Management profileNumber of profiles
ParMed Pharmaceuticals funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ParMed Pharmaceuticals M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ParMed Pharmaceuticals
What does ParMed Pharmaceuticals do?
ParMed Pharmaceuticals is a pharmaceutical distributor that supplies high-quality generic and brand pharmaceutical products to its customers. Founded in 1968 and based in Niagara Falls, New York, the company emphasizes competitive pricing and superior service as its core commercial proposition to pharmacy and institutional buyers.
When was ParMed Pharmaceuticals founded?
ParMed Pharmaceuticals was founded in 1968. It employs 51 to 100 people.
Where is ParMed Pharmaceuticals based?
ParMed Pharmaceuticals is headquartered in Niagara Falls, United States, in the North America region.
Who are ParMed Pharmaceuticals's main competitors?
Broad incumbents on record are Cencora (formerly AmerisourceBergen), Cardinal Health, McKesson Corporation and SXC Health Solutions (now part of Catamaran/OptumRx). PharmaLex is listed as an others. Direct peers are Value Drug Company, Rochester Drug Cooperative, Smith Drug Company and Morris & Dickson. Anda (Teva Distribution) is listed as an emerging player.
Does ParMed Pharmaceuticals have an API?
No public API is recorded for ParMed Pharmaceuticals.
What industry is ParMed Pharmaceuticals in?
ParMed Pharmaceuticals's product category is Pharmaceutical Distribution. Its primary akta.pro industry code is HLAIAJAA, Full-Line Pharmaceutical Wholesalers. Its NAICS code is 42421 and its SIC code is 5122.