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The Harvard Drug Group

Full company profile

uuid000ayhj

Namestring
The Harvard Drug Group
Company typeenum
Private
Founded yearint
1967
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
501–1,000
akta.pro rankint
HeadquartersLivonia, United States
HQ citystring
Livonia
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
pharmaceutical distribution, generic drug wholesale, pharmacy supply, healthcare product distribution, pharmaceutical e-commerce
Industry2 codes
1Hospital & Health-System Pharmaceutical Distributors
CodeHLAIAJADPrimaryYes
2Pharmacy Benefit/Channel Services (PSAO, 340B Admin, Chargebacks/Rebates Ops)
CodeCRAOAHAKPrimaryNo
NAICS code1 code
  • Drugs and Druggists' Sundries Merchant Wholesalers424210
SIC code1 code
  • Wholesale-Drugs, Proprietaries & Druggists' Sundries5122
Product category
Pharmaceutical Distribution
Social media profiles1 record
Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 of 2 records shown
1MajorPharmaceuticals.com
Description

Referenced as a destination where customers can now purchase products previously offered by The Harvard Drug Group.

+1 more record
Core offering1 text field

The Harvard Drug Group is a pharmaceutical distribution company that sells generic and brand-name pharmaceutical products to business buyers. Its catalog is now fulfilled through two affiliated e-commerce platforms, MajorPharmaceuticals.com and Parmed.com, with sales representatives assisting customers in choosing the right purchasing channel.

Differentiator
Functional benefit
Problem solved
Product and service1 record
1MajorPharmaceuticals.com
No data
Peers10 records
TypeBroad incumbent
Description

McKesson is the largest US pharmaceutical distributor, serving retail chains, hospitals, and health systems. Comparable to The Harvard Drug Group as a direct competitor in drug wholesaling, though vastly larger in scale and breadth.

TypeBroad incumbent
Description

Cardinal Health is the third major US pharmaceutical distributor with significant pharmaceutical and specialty distribution operations. Directly overlaps with The Harvard Drug Group's core drug wholesaling business, but at substantially larger scale.

TypeDirect peer
Description

Smith Drug Company is a regional pharmaceutical wholesaler distributing brand, generic, and specialty pharmaceuticals to independent pharmacies across the US. Highly comparable as a mid-tier drug wholesaler with similar customer profile.

TypeDirect peer
Description

H.D. Smith was a major independent pharmaceutical wholesaler serving retail pharmacies, hospitals, and specialty providers before being acquired by AmerisourceBergen (now Cencora). Directly comparable as a drug wholesaler of similar mid-tier scale.

TypeDirect peer
Description

KeySource Medical is a wholesale distributor specializing in generic pharmaceuticals serving retail pharmacies and institutions. Comparable as a generic-focused drug wholesaler operating at a similar tier to The Harvard Drug Group.

TypeDirect peer
Description

Anda Inc., a Teva Pharmaceuticals subsidiary, is a major distributor of generic and branded pharmaceuticals to retail pharmacies, hospitals, and alternate-care sites. Comparable as a mid-to-large tier pharmaceutical wholesaler focused on the US market.

TypeBroad incumbent
Description

Cencora is one of the "big three" US pharmaceutical distributors, supplying pharmacies, physicians, and health systems nationwide. Directly comparable as a drug and druggists' sundries wholesaler operating at massive scale.

8NCS HealthCare
TypeDirect peer
Description

NCS HealthCare is a pharmaceutical distribution and pharmacy services provider serving long-term care, assisted living, and institutional pharmacy customers. Comparable to The Harvard Drug Group in serving institutional drug distribution channels.

TypeDirect peer
Description

Rochester Drug Cooperative is an employee-owned pharmaceutical wholesaler serving independent pharmacies, hospitals, and institutional customers in the Northeast US. Comparable mid-sized drug wholesaler with similar business model and customer mix.

TypeDirect peer
Description

Morris & Dickson is a mid-sized US pharmaceutical wholesale distributor serving independent pharmacies, hospitals, and institutional customers. Highly comparable to The Harvard Drug Group in scale, customer mix, and full-line distribution model.

Market position
Customer concentration

Classification, Details

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

The Harvard Drug Group

Pharmaceutical Distributiontheharvarddruggroup.com

The Harvard Drug Group firmographics

Firmographics
Name
The Harvard Drug Group
Website
https://theharvarddruggroup.com
Company type
Private
Founded year
1967
Operating status
Operating
Headcount range
501–1,000 employees
Ownership category
akta.pro rank

The Harvard Drug Group industry classification

Industry
Product category
Pharmaceutical Distribution
NAICS
Drugs and Druggists' Sundries Merchant Wholesalers (424210)
SIC
Wholesale-Drugs, Proprietaries & Druggists' Sundries (5122)
akta.pro primary industry
Hospital & Health-System Pharmaceutical Distributors (HLAIAJAD)
akta.pro secondary industry
Pharmacy Benefit/Channel Services (PSAO, 340B Admin, Chargebacks/Rebates Ops) (CRAOAHAK)

Keywords

  • Pharmaceutical distribution
  • Generic drug wholesale
  • Pharmacy supply
  • Healthcare product distribution
  • Pharmaceutical e-commerce

Where The Harvard Drug Group is headquartered

Location

Headquarters

HQ city
Livonia
HQ country
United States
HQ region
North America

Markets served

The Harvard Drug Group business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure

Distribution channels1 record

The Harvard Drug Group product offering

Product offering

Core offering

The Harvard Drug Group is a pharmaceutical distribution company that sells generic and brand-name pharmaceutical products to business buyers. Its catalog is now fulfilled through two affiliated e-commerce platforms, MajorPharmaceuticals.com and Parmed.com, with sales representatives assisting customers in choosing the right purchasing channel.

Differentiator

Problem solved

Functional benefit

Brands

  • MajorPharmaceuticals.com: Referenced as a destination where customers can now purchase products previously offered by The Harvard Drug Group.
  • Parmed.com

Products and services

  • MajorPharmaceuticals.com

Companies that use The Harvard Drug Group

Customer profile

Ideal customer profiles1 record

The Harvard Drug Group technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

The Harvard Drug Group competitors and assessment

Company assessment

Broad incumbents

  • McKesson Corporation: McKesson is the largest US pharmaceutical distributor, serving retail chains, hospitals, and health systems. Comparable to The Harvard Drug Group as a direct competitor in drug wholesaling, though vastly larger in scale and breadth.
  • Cardinal Health: Cardinal Health is the third major US pharmaceutical distributor with significant pharmaceutical and specialty distribution operations. Directly overlaps with The Harvard Drug Group's core drug wholesaling business, but at substantially larger scale.
  • Cencora (formerly AmerisourceBergen): Cencora is one of the "big three" US pharmaceutical distributors, supplying pharmacies, physicians, and health systems nationwide. Directly comparable as a drug and druggists' sundries wholesaler operating at massive scale.

Direct peers

  • Smith Drug Company: Smith Drug Company is a regional pharmaceutical wholesaler distributing brand, generic, and specialty pharmaceuticals to independent pharmacies across the US. Highly comparable as a mid-tier drug wholesaler with similar customer profile.
  • H.D. Smith (now part of Cencora): H.D. Smith was a major independent pharmaceutical wholesaler serving retail pharmacies, hospitals, and specialty providers before being acquired by AmerisourceBergen (now Cencora). Directly comparable as a drug wholesaler of similar mid-tier scale.
  • KeySource Medical: KeySource Medical is a wholesale distributor specializing in generic pharmaceuticals serving retail pharmacies and institutions. Comparable as a generic-focused drug wholesaler operating at a similar tier to The Harvard Drug Group.
  • Anda Inc. Anda Inc., a Teva Pharmaceuticals subsidiary, is a major distributor of generic and branded pharmaceuticals to retail pharmacies, hospitals, and alternate-care sites. Comparable as a mid-to-large tier pharmaceutical wholesaler focused on the US market.
  • NCS HealthCare: NCS HealthCare is a pharmaceutical distribution and pharmacy services provider serving long-term care, assisted living, and institutional pharmacy customers. Comparable to The Harvard Drug Group in serving institutional drug distribution channels.
  • Rochester Drug Cooperative: Rochester Drug Cooperative is an employee-owned pharmaceutical wholesaler serving independent pharmacies, hospitals, and institutional customers in the Northeast US. Comparable mid-sized drug wholesaler with similar business model and customer mix.
  • Morris & Dickson: Morris & Dickson is a mid-sized US pharmaceutical wholesale distributor serving independent pharmacies, hospitals, and institutional customers. Highly comparable to The Harvard Drug Group in scale, customer mix, and full-line distribution model.

Market position

Customer concentration

The Harvard Drug Group social profiles

Digital presence

The Harvard Drug Group financial estimates

Financial estimate

Revenue estimate

Valuation estimate

The Harvard Drug Group leadership team

Management profile

Number of profiles

The Harvard Drug Group funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

The Harvard Drug Group M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Harvard Drug Group

What does The Harvard Drug Group do?

The Harvard Drug Group is a pharmaceutical distribution company that sells generic and brand-name pharmaceutical products to business buyers. Its catalog is now fulfilled through two affiliated e-commerce platforms, MajorPharmaceuticals.com and Parmed.com, with sales representatives assisting customers in choosing the right purchasing channel.

When was The Harvard Drug Group founded?

The Harvard Drug Group was founded in 1967. It employs 501 to 1,000 people.

Where is The Harvard Drug Group based?

The Harvard Drug Group is headquartered in Livonia, United States, in the North America region.

Who are The Harvard Drug Group's main competitors?

Broad incumbents on record are McKesson Corporation, Cardinal Health and Cencora (formerly AmerisourceBergen). Direct peers are Smith Drug Company, H.D. Smith (now part of Cencora), KeySource Medical, Anda Inc., NCS HealthCare, Rochester Drug Cooperative and Morris & Dickson.

Does The Harvard Drug Group have an API?

No public API is recorded for The Harvard Drug Group.

What industry is The Harvard Drug Group in?

The Harvard Drug Group's product category is Pharmaceutical Distribution. Its primary akta.pro industry code is HLAIAJAD, Hospital & Health-System Pharmaceutical Distributors, with a secondary code of CRAOAHAK, Pharmacy Benefit/Channel Services (PSAO, 340B Admin, Chargebacks/Rebates Ops). Its NAICS code is 424210 and its SIC code is 5122.

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