PROMEDICO
Promedico is an Austrian-headquartered, Nestlé Health Science-owned Business Unit Consumer Care that markets and distributes five premium health brands (Pure Encapsulations, Solgar, Vital Proteins, Nature's Bounty, Wobenzym) to 6,000+ pharmacies across 33 countries.
- Company typePrivate
- Founded1986
- HeadquartersGraz, Austria
- Headcount101–250
- GTM typeB2B
- OfferingServices
What PROMEDICO does
Promedico (legal entities: pro medico Handels GmbH in Austria and pro medico GmbH in Germany) is a privately held, Austrian-headquartered marketing and distribution specialist for premium health products in the pharmacy channel, founded in 1986 in Graz by Heinz Wallenko as a one-person operation and now employing 136 people. Since 2022, the company has been wholly owned by Nestlé Health Science and operates as its Business Unit Consumer Care (BU CC), managing a portfolio of five premium consumer-health brands — Pure Encapsulations (premium micronutrients, the historical core brand), Solgar, Vital Proteins, Nature's Bounty, and Wobenzym — across Germany and Austria, with broader reach into 33 countries via a logistics operation that ships 3,000+ packages monthly from its Graz distribution center.
The company's business model is full-service brand management for health products in the pharmacy channel: it handles product support (via an in-house Promedico Lab for formulation, quality assurance, and regulatory compliance), business development (strategy, product launch, market intelligence), sales and logistics (regional field sales forces for Austria and Germany, B2B Fachkreise ordering platform, D2C consumer online shop), marketing and digital (an in-house Grafenberg creative agency, SEM, social media, corporate publishing, e-commerce), and professional education through the PRO Academy platform (workshops, seminars, eLearning, PRO Points rewards). It serves more than 6,000 pharmacies and 8,000+ trained medical professionals annually, with 26,750 hours of advisory conversations per year supporting premium positioning.
Revenue is generated primarily through transaction-based B2B sales of branded health products to pharmacies at AEP (pharmacy purchase prices), supplemented by D2C online shop sales. Distribution is concentrated in the DACH region (Austria HQ in Graz and German operations in Frankfurt) but reaches 33 countries. The current leader, Reinhard Wagner, was appointed Head of Business Unit Consumer Care / Geschäftsführer effective 15 January 2024 and also sits on the Leadership Team of Nestlé Health Science Germany and Austria. Promedico has won OTC-Marke des Jahres and OTC-Unternehmen des Jahres in Germany, reflecting the strength of its Pure Encapsulations franchise in the German pharmacy channel.
PROMEDICO firmographics
Firmographics- Name
- PROMEDICO
- Legal name
- pro medico Handels GmbH
- Website
- https://promedico.at
- Company type
- Private
- Founded year
- 1986
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Promedico is an Austrian-headquartered, Nestlé Health Science-owned Business Unit Consumer Care that markets and distributes five premium health brands (Pure Encapsulations, Solgar, Vital Proteins, Nature's Bounty, Wobenzym) to 6,000+ pharmacies across 33 countries.
- Ownership category
- akta.pro rank
PROMEDICO industry classification
Industry- Product category
- Pharmaceutical Distribution / Health Product Brand Management
- NAICS
- Drugs and Druggists' Sundries Merchant Wholesalers (42421)
- SIC
- Wholesale-Drugs, Proprietaries & Druggists' Sundries (5122)
- akta.pro primary industry
- Pharmacy Front-End & Sundries Distribution (Health & Wellness, Personal Care, Convenience) (CRAOAHAG)
- akta.pro secondary industry
- Probiotics & Digestive Health Supplements (CRADAGAF)
Keywords
Where PROMEDICO is headquartered
LocationHeadquarters
- HQ city
- Graz
- HQ country
- Austria
- HQ region
- Europe
Offices3 records
Markets served
PROMEDICO business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Supply Chain, Technology or R&D
Revenue model
- Health Product Distribution: Promedico generates revenue through distributing premium health products (micronutrients, supplements) to pharmacies. The company handles the full cycle from product development, quality management, marketing, and sales through to distribution to over 6,000 pharmacies.
- B2B Sales to Pharmacies (Fachkreise): Business-to-business product sales to pharmacies and healthcare professionals in Austria and Germany, with pricing based on AEP (pharmacy purchase prices). Operates online shop for consumers and B2B platforms.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | B2B Pharmacy Pricing (Fachkreise) |
| One time/ perpetual license | Pay-as-you-go | Consumer Online Shop |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels5 records
PROMEDICO product offering
Product offeringCore offering
PROMEDICO distributes and markets premium dietary supplements and health products—anchored by Pure Encapsulations and complemented by Solgar, Vital Proteins, Nature's Bounty, and Wobenzym—exclusively through pharmacies in Austria, Germany, and 31 additional countries. Beyond pure distribution, the company bundles product support (Regulatory, quality, Promedico Lab R&D), business development, sales and logistics, multi-channel marketing and digital commerce, and medical-professional education via the PRO Academy, for pharmacy and Fachkreis customers.
Product overview
Promedico transforms promising health products into first-class brands and provides comprehensive support to pharmacies in marketing and customer consulting. The company operates a multi-brand portfolio centered around Pure Encapsulations (premium micronutrients), supplemented by Solgar, Vital Proteins, Nature's Bounty, and Wobenzym brands. Core services span product development, legal advice, quality assurance, strategy development, sales and logistics, marketing and digital, knowledge transfer via the PRO Academy, and scientific affairs. The company maintains an in-house advertising agency (Grafenberg) and distributes products to over 6,000 pharmacies across 33 countries.
Differentiator
Problem solved
Functional benefit
Brands
- Promedico Lab: Internal research and development unit of Promedico for continuous product refinement and new product development.
- PRO Academy
- Inhouse-Werbeagentur Grafenberg
Products and services
- Pure Encapsulations Premium micronutrient brand distributed exclusively through pharmacies in Austria and Germany, offering high-quality dietary supplements developed and marketed by PROMEDICO.
- Solgar Health supplement brand introduced under PROMEDICO's Business Unit Consumer Care following integration into Nestlé Health Science in 2022.
- Vital Proteins Protein and collagen supplement brand incorporated into PROMEDICO's portfolio following the 2022 Nestlé Health Science integration.
- Nature's Bounty Health and wellness supplement brand incorporated into PROMEDICO's portfolio after the 2022 Nestlé Health Science integration.
- Wobenzym Enzyme-based pharmaceutical product for which PROMEDICO develops distribution concepts and corporate identity as part of the Business Unit Consumer Care.
- PRO Academy Educational platform offering workshops, seminars, training courses, and eLearning programs for medical professionals, pharmacists, and healthcare advisors, including a PRO Points rewards system.
- Grafenberg (In-house Advertising Agency) In-house creative and advertising agency responsible for brand development, strategy, implementation, corporate publishing, design, and marketing services across PROMEDICO's brand portfolio; acquired as part of the company and now part of the Business Unit Consumer Care.
- Pharmacy Distribution Services End-to-end distribution service for premium health products to 6,000+ pharmacies across 33 countries, including procurement, import handling, warehousing, logistics, and last-mile delivery from PROMEDICO's Graz distribution center.
Quantifiable outcome
- More than 8,000 people attended Promedico education and training sessions in the past year
- +1 more outcomes
Companies that use PROMEDICO
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles3 records
PROMEDICO technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature2 records
PROMEDICO partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Nestlé Health ScienceflagshipPromedico became part of Nestlé Health Science in 2022. Under Nestlé Health Science, Promedico operates as the Business Unit Consumer Care (BU CC), developing and managing sales and marketing strategies for multiple health brands including Pure Encapsulations, Solgar, Vital Proteins, Nature's Bounty, and Wobenzym across Germany and Austria.
Scale indicators7 records
Recent moves6 records
Expansion highlights6 records
PROMEDICO competitors and assessment
Company assessmentBroad incumbents
- Haleon plc: Global consumer healthcare company (formerly GSK Consumer Healthcare) with major OTC supplement and vitamins brands distributed through pharmacies. Comparable because it operates similar supplement/pharmacy business lines (e.g., Centrum, Emergen-C) and competes for the same shelf space and pharmacist recommendations that Promedico's brands target.
- Phoenix Group (PHOENIX Pharmahandel GmbH & Co KG): One of Europe's largest pharmaceutical wholesale and distribution groups, with pharmacy retail networks and OTC distribution across DACH and beyond. Comparable to Promedico because it sits at the intersection of pharmacy distribution and supplement/OTC brand management, including ownership of distributors like Kyberg that compete directly with Promedico in the German pharmacy channel.
- STADA Arzneimittel AG: Major German-headquartered generics and consumer healthcare company with significant OTC and supplement portfolio sold through European pharmacies. Comparable to Promedico because it competes in the same DACH pharmacy OTC category, sells multi-brand supplement lines, and uses similar field-sales and pharmacy detailing approaches.
- Bayer Consumer Health (Bayer AG): Global consumer healthcare division of Bayer with a major OTC and supplement portfolio (e.g., Berocca, One A Day in adjacent markets) distributed via European pharmacies. Comparable to Promedico because it competes for the same DACH pharmacy shelf space and pharmacist recommendation that drives Promedico's brand portfolio sales.
- Merck KGaA Healthcare (Consumer Health): German-headquartered science and healthcare company with a consumer health division selling supplements and OTC brands (e.g., Neurobion, Seven Seas in adjacent markets) through pharmacies. Comparable to Promedico as a DACH-rooted competitor in the premium supplement/OTC pharmacy category.
Direct peers
- Hevert Arzneimittel GmbH & Co. KG: German manufacturer and marketer of natural medicine, homeopathy, and dietary supplements with strong pharmacy channel presence in DACH. Comparable to Promedico because of overlapping pharmacy distribution, premium natural health positioning, and similar reliance on pharmacist recommendation in Germany.
- Wörwag Pharma GmbH & Co. KG: German pharmaceutical company focused on micronutrients, dietary supplements, and OTC health products sold primarily through pharmacies. Highly comparable to Promedico because it pursues a similar premium positioning, pharmacy-exclusive distribution, and healthcare professional education strategy in the German market.
- Kyberg Pharma Vertriebs GmbH: German pharmaceutical wholesaler and pharmacy distributor specializing in health products, supplements, and OTC items. Direct comparable to Promedico's German pharmacy distribution model, operating a similar field sales force and pharmacy channel focus in the same DACH market.
Regional players
- Köhler Pharma GmbH: German pharmaceutical company specializing in prescription and OTC supplements distributed through pharmacies in Germany. Comparable to Promedico as a DACH-focused, pharmacy-channel supplement company with overlapping brand portfolios targeting similar healthcare professional customers.
Emerging players
- Pharma Nord ApS: Danish premium supplement manufacturer with strong European pharmacy distribution and an emphasis on clinical/quality positioning. Comparable to Promedico because of similar premium quality positioning, multi-country European pharmacy distribution, and reliance on healthcare professional endorsement for brand credibility.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
PROMEDICO social profiles
Digital presencePROMEDICO financial estimates
Financial estimateRevenue estimate
Valuation estimate
PROMEDICO leadership team
Management profileNumber of profiles
Profiles19 records
PROMEDICO subsidiaries and ownership
Company hierarchySubsidiaries1 record
PROMEDICO funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
PROMEDICO 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 PROMEDICO
What does PROMEDICO do?
PROMEDICO distributes and markets premium dietary supplements and health products—anchored by Pure Encapsulations and complemented by Solgar, Vital Proteins, Nature's Bounty, and Wobenzym—exclusively through pharmacies in Austria, Germany, and 31 additional countries. Beyond pure distribution, the company bundles product support (Regulatory, quality, Promedico Lab R&D), business development, sales and logistics, multi-channel marketing and digital commerce, and medical-professional education via the PRO Academy, for pharmacy and Fachkreis customers.
Is PROMEDICO a public or private company?
PROMEDICO is a private company. It is classified as corporate owned and is currently operating.
When was PROMEDICO founded?
PROMEDICO was founded in 1986. It employs 101 to 250 people.
Where is PROMEDICO based?
PROMEDICO is headquartered in Graz, Austria, in the Europe region.
How does PROMEDICO make money?
Two revenue lines are on record. Health Product Distribution is the primary driver. The others are B2B Sales to Pharmacies (Fachkreise).
Who are PROMEDICO's main competitors?
Broad incumbents on record are Haleon plc, Phoenix Group (PHOENIX Pharmahandel GmbH & Co KG), STADA Arzneimittel AG, Bayer Consumer Health (Bayer AG) and Merck KGaA Healthcare (Consumer Health). Direct peers are Hevert Arzneimittel GmbH & Co. KG, Wörwag Pharma GmbH & Co. KG and Kyberg Pharma Vertriebs GmbH. Köhler Pharma GmbH is listed as a regional player. Pharma Nord ApS is listed as an emerging player.
Does PROMEDICO have an API?
No public API is recorded for PROMEDICO.
What industry is PROMEDICO in?
PROMEDICO's product category is Pharmaceutical Distribution / Health Product Brand Management. Its primary akta.pro industry code is CRAOAHAG, Pharmacy Front-End & Sundries Distribution (Health & Wellness, Personal Care, Convenience), with a secondary code of CRADAGAF, Probiotics & Digestive Health Supplements. Its NAICS code is 42421 and its SIC code is 5122.