Preferred Pharmaceuticals
Preferred Pharmaceuticals is a family-owned Anaheim, California wholesale manufacturer and repackager that supplies pre-packaged generic medications and dispensing software to physician offices and clinics for point-of-care dispensing across 26 U.S. states.
- Company typePrivate
- Founded2004
- HeadquartersAnaheim, United States
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What Preferred Pharmaceuticals does
Preferred Pharmaceuticals, Inc. is a family-owned wholesale pharmaceutical manufacturer and repackager headquartered in Anaheim, California, that supplies pre-packaged, pre-labeled generic medications to physician offices and clinics for point-of-care dispensing. Founded in 2004 and licensed as a Manufacturer and Wholesaler in 26 states, the company packages over 1 million prescriptions annually and targets specialties including urgent care, orthopedics, pain management, family practice, dental/oral surgery, worker’s compensation, pediatric, podiatry, and worksite clinics. Its core technology stack is the proprietary PIMS 2.0 (Preferred Integrated Management System), a web-based dispensing platform that combines prescription and patient barcoding with inventory management, automated California CURES controlled-substance reporting, and an optional MDScripts integration used by over 11,000 physicians.
The company sells medications on a quote-based, transactional pricing model with free same-day FedEx shipping, free initial training, and no separate software or transaction fees; revenue is generated through per-order medication sales and physician dispensing services that enable practices to bill insurance at co-pay-comparable rates. Go-to-market is sales-led and direct-to-physician, with orders accepted by phone, fax, email, or online form and accounts typically onboarded within 2–3 business days. Preferred is regulated under FDA New Drug Labeler Registration, DEA controlled substance registration, California Food and Drug and CA Wholesale Drug Permits, and holds both VAWD and NABP Digital Pharmacy accreditations, making it one of a small group of VAWD-accredited U.S. manufacturer/wholesalers. The management team is composed of three Kent family members (CEO, President & GM, Director of Quality Control), with three licensed pharmacists averaging 40 years of experience on staff.
Preferred Pharmaceuticals firmographics
Firmographics- Name
- Preferred Pharmaceuticals
- Legal name
- Preferred Pharmaceuticals, Inc.
- Website
- https://preferredpharmaceuticals.com
- Company type
- Private
- Founded year
- 2004
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Preferred Pharmaceuticals is a family-owned Anaheim, California wholesale manufacturer and repackager that supplies pre-packaged generic medications and dispensing software to physician offices and clinics for point-of-care dispensing across 26 U.S. states.
- Ownership category
- akta.pro rank
Preferred Pharmaceuticals industry classification
Industry- Product category
- Pharmaceutical Repackaging & Wholesale Distribution
- NAICS
- Drugs and Druggists' Sundries Merchant Wholesalers (42421), Pharmaceutical Preparation Manufacturing (325412)
- SIC
- Wholesale-Drugs, Proprietaries & Druggists' Sundries (5122)
- akta.pro primary industry
- Prescription Pharmaceutical (Rx) Wholesale Distribution (CRAOAHAA)
Keywords
Where Preferred Pharmaceuticals is headquartered
LocationHeadquarters
- HQ city
- Anaheim
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Preferred Pharmaceuticals business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Supply Chain, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others
Revenue model
- Pharmaceutical Repackaging and Distribution: The company takes bulk medications and repackages them into smaller quantities for physician dispensing. Prepacked and direct labelled prescriptions are distributed to physician offices and clinics across the country.
- Physician Dispensing Services: Provides physicians with on-site pre-packaged pharmaceuticals enabling them to dispense medications directly to patients. Physicians can be reimbursed through insurance plans for drugs provided to patients, comparable to local pharmacy co-pays.
- Medication Sales: Sells generic medications to healthcare providers and pharmacies. High volume generic medications form the core formulary. Physicians pay for medications they order for their dispensing practices.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Quote-based pricing for medication orders |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels3 records
Preferred Pharmaceuticals product offering
Product offeringCore offering
Preferred Pharmaceuticals is a licensed pharmaceutical manufacturer and wholesaler that repackages bulk medications into smaller pre-labeled units and distributes them directly to physician offices and clinics across 26 U.S. states for point-of-care dispensing to patients. The company supports its dispensing customers with proprietary PIMS 2.0 web-based dispensing software (prescription and patient barcoding, inventory, reporting) and automated CURES controlled-substance reporting. Ordering is handled by phone, fax, email, or online form, with same-day FedEx shipping at no charge, account onboarding in 2–3 business days, and free initial training and ongoing support.
Product overview
Preferred Pharmaceuticals operates as a physician dispensing business offering pre-packaged pharmaceuticals through a proprietary software ecosystem. The core offering consists of the PIMS 2.0 web-based dispensing system, which combines prescription and patient barcoding with inventory management and compliance reporting. Optional MDScripts software provides additional dispensing management tools for practices preferring that interface. The company provides pharmaceutical repackaging services, distributing pre-labeled generic medications across multiple therapeutic categories, and offers automated CURES reporting integration for California-controlled substance compliance. Practices are served across specialties including urgent care, orthopedics, family practice, and worker’s compensation healthcare sites.
Differentiator
Problem solved
Functional benefit
Brands
- PIMS (Preferred Integrated Management System): Proprietary web-based dispensing system that combines prescription and patient barcoding with advanced information technology for physician dispensing workflows.
- MDScripts
Products and services
- PIMS 2.0 (Preferred Integrated Management System) Proprietary web-based dispensing system that combines prescription and patient barcoding with advanced information technology to optimize dispensing workflow, reporting, and inventory management for physician offices and clinics providing point-of-care dispensing.
- MDScripts Dispensing Software Optional dispensing software used by over 11,000 physicians that provides integration, drug utilization reports, and easy-to-manage dispensing and sales reports for in-office dispensaries.
- Physician Dispensing Program Point-of-care physician dispensing service that provides pre-packaged pharmaceuticals directly to physician offices and clinics for on-site dispensing to patients, creating additional practice revenue while eliminating separate pharmacy trips for patients.
- Pharmaceutical Repackaging Services Bulk medication repackaging into smaller units with proper labeling, regulatory compliance, and quality control, with distribution to healthcare providers and pharmacies. Over 1 million prescriptions packaged yearly.
Quantifiable outcome
- Over 1 million prescriptions packaged yearly
- +4 more outcomes
Companies that use Preferred Pharmaceuticals
Customer profileNamed customers10 records
Segments5 records
Ideal customer profiles2 records
Preferred Pharmaceuticals technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Preferred Pharmaceuticals partnerships and signals
Strategic signalScale indicators5 records
Recent moves6 records
Expansion highlights4 records
Preferred Pharmaceuticals competitors and assessment
Company assessmentDirect peers
- Sharp Packaging Services: Pharmaceutical contract packaging, serialization, and clinical-trial supply services. Comparable to Preferred in cGMP repackaging capabilities and regulated packaging solutions for healthcare customers.
- Reed-Lane: Pharmaceutical contract packager providing primary and secondary packaging, repackaging, and labeling services. Directly comparable to Preferred in repackaging, cGMP operations, and small-molecule packaging services.
- Ropack Pharma Solutions: Contract pharmaceutical manufacturer and packager offering repackaging, labeling, and serialization services to pharma and healthcare customers. Directly comparable to Preferred's repackaging and wholesale-distribution core offering, though at materially larger scale.
- Aphena Pharma Solutions: Pharmaceutical contract packaging and repackaging provider serving OTC, Rx, and clinical-trial customers. Closely mirrors Preferred's repackaging/relabeling business model and cGMP-compliant operational footprint.
- WDSrx (Woodfield Distribution): Specialty pharmaceutical distributor and 3PL offering repackaging, kitting, and physician-channel distribution. Comparable to Preferred on repackaging, regulatory compliance, and healthcare-channel distribution model.
- Anda Inc (Teva): Generic pharmaceutical distributor serving retail pharmacies, hospitals, and physician dispensing channels. Directly comparable to Preferred's generic-medication repackaging and physician-office distribution business.
Broad incumbents
- McKesson Corporation: Largest U.S. pharmaceutical wholesaler and distributor serving retail pharmacies, hospitals, and physician practices. Comparable to Preferred as a drug wholesaler/distributor, but operates at far greater scale and across all therapeutic categories.
- AmerisourceBergen (Cencora): Major global pharmaceutical wholesaler with growing specialty distribution and physician-office services. Compares to Preferred on Rx wholesale distribution, with substantially larger scale and broader service portfolio.
- Cardinal Health: Top-tier U.S. pharmaceutical distributor with extensive wholesale, packaging, and physician-channel programs. Overlaps with Preferred on Rx wholesale distribution and repackaging, though Preferred operates in a much narrower specialty niche.
Emerging players
- MDScripts: Physician dispensing software platform used by 11,000+ providers for in-office dispensary management. Overlaps with Preferred's PIMS 2.0 dispensing workflow offering and is already integrated with Preferred's platform.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Preferred Pharmaceuticals social profiles
Digital presencePreferred Pharmaceuticals compliance and trust
Trust signalCompliance5 records
Preferred Pharmaceuticals financial estimates
Financial estimateRevenue estimate
Valuation estimate
Preferred Pharmaceuticals leadership team
Management profileNumber of profiles
Profiles3 records
Preferred Pharmaceuticals funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Preferred 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 Preferred Pharmaceuticals
What does Preferred Pharmaceuticals do?
Preferred Pharmaceuticals is a licensed pharmaceutical manufacturer and wholesaler that repackages bulk medications into smaller pre-labeled units and distributes them directly to physician offices and clinics across 26 U.S. states for point-of-care dispensing to patients. The company supports its dispensing customers with proprietary PIMS 2.0 web-based dispensing software (prescription and patient barcoding, inventory, reporting) and automated CURES controlled-substance reporting. Ordering is handled by phone, fax, email, or online form, with same-day FedEx shipping at no charge, account onboarding in 2–3 business days, and free initial training and ongoing support.
Is Preferred Pharmaceuticals a public or private company?
Preferred Pharmaceuticals is a private company. It is classified as family owned and is currently operating.
When was Preferred Pharmaceuticals founded?
Preferred Pharmaceuticals was founded in 2004. It employs 11 to 50 people.
Where is Preferred Pharmaceuticals based?
Preferred Pharmaceuticals is headquartered in Anaheim, United States, in the North America region.
How does Preferred Pharmaceuticals make money?
Three revenue lines are on record. Pharmaceutical Repackaging and Distribution is the primary driver. The others are physician Dispensing Services and medication Sales.
Who are Preferred Pharmaceuticals's main competitors?
Direct peers on record are Sharp Packaging Services, Reed-Lane, Ropack Pharma Solutions, Aphena Pharma Solutions, WDSrx (Woodfield Distribution) and Anda Inc (Teva). Broad incumbents are McKesson Corporation, AmerisourceBergen (Cencora) and Cardinal Health. MDScripts is listed as an emerging player.
Does Preferred Pharmaceuticals have an API?
No public API is recorded for Preferred Pharmaceuticals.
What industry is Preferred Pharmaceuticals in?
Preferred Pharmaceuticals's product category is Pharmaceutical Repackaging & Wholesale Distribution. Its primary akta.pro industry code is CRAOAHAA, Prescription Pharmaceutical (Rx) Wholesale Distribution. Its NAICS code is 42421 and its SIC code is 5122.