Specialty pharmaceutical distribution is becoming an increasingly important part of revenue for independent pharmacies.
Categorized as high-cost medicines that have complex handling requirements or that treat chronic or rare diseases, specialty pharmaceutical products accounted for one third of all spending on pharmaceuticals in 2015; that number is expected to rise to 50% of all spending in the next 10 years.
Independent pharmacies are well-suited for specialty pharmaceutical distribution. Independents are known for their outstanding customer service – a clear advantage when it comes to providing customers with medicine that has complex treatment regimens, is difficult to handle or has a short shelf life. But to profit from specialty pharmaceutical distribution, independents need a specialty distribution partner who can provide competitive pricing, exceptional service and excellent availability.
In the past, independents would have looked to the Big 3 for speciality pharmacy distribution. Today, however, community pharmacies are increasingly turning to independent specialty distribution services from companies like H. D. Smith.
H. D. Smith: specialty pharmaceutical distribution for independents.
As one of the largest independent pharmaceutical wholesaler in the nation, H. D. Smith is dedicated to serving the needs of community pharmacies with highly competitive pricing, outstanding customer service and retail solutions to help independents thrive and succeed.
As a leading provider of specialty pharmacy services for independent pharmacies, we offer deliver competitively priced medications required to care for chronic and acute illnesses. Our specialty pharmaceutical distribution team has a deep understanding of the specialty market and can help independents take advantage of industry trends while successfully negotiating backorders, new product introductions and other supply developments.
Our specialty pharmaceutical distribution services include:
- Customer screening and registry.
- Product warehousing and logistics.
- Cold chain distribution.
- Customize delivery and shipping.
A comprehensive inventory in specialty pharmaceutical distribution.
To provide independents with the broadest selection in specialty pharmaceutical distribution, we offer:
- Oncology medicines for a variety of oncology treatment regimens.
- A complete line of blood and plasma-derived products, including coagulation factors and immunoglobulins.
- Women’s health products, including fertility treatments, HPV vaccines, oral and injectable generic antibiotics, contraceptives and family planning products.
- A wide variety of vaccines at competitive prices.
- 340B eligible products, including vaccines, diabetic products, injectables, antibiotics, contraceptives and nicotine replacement therapies.
- Specialty medicines for a variety of other conditions in the fields of dermatology, gastroenterology, neurology, OB/GYN, orthopedics, surgery, rheumatology, urology and more.
Learn more about specialty pharmaceutical distribution and H. D. Smith, and about our products offerings as a durable medical equipment supplier.
Terry's Family Pharmacy
H. D. Smith customer for 32 years
“We always receive an accurate delivery. There is never a shortage, and no question, there is never a mistake in the pick. The return system is the best, and again, no question how it works. Credits are also given so fast.”
Alennis Rivero, Pharmacy Tech
Steven's Rx LLC
H. D. Smith customer for 4 years
“All I can say is that I have great sales reps that provide nothing but the best to their customers. The accounting department is also great and always helping customers get the best possible service”
Jenny Dowhower, Pharmacy Buyer
Schneck Medical Center
H. D. Smith customer for 62 years
“Our sales specialist has always gone above and beyond with our annual inventory process, but this week she went even higher. We have recently gone 340B, and she has helped keep my anxiety down and has been with us physically and on teleconferences. She's the best!”
“Customer service has always been wonderful – I speak to the same people every time who know me by name. I’ve never had a question or complaint that hasn’t been resolved in a reasonable amount of time.” - Kevin Sexton, PharmD, Co-owner, Danny’s Drugs
Danny's Drugs knows how to stand out and make an impact in its community.
Learn how it took the right business deal with a personal touch to solidify this rewarding partnership.
Team Member Spotlight
"Every day at H. D. Smith, I feel valued and respected. By far this is the best company I have ever worked for, and I cannot imagine ever finding a company that values its employees as much as H. D. Smith does.
With its strong core values, family feel and employee development, there really is no better place to work."