Wholesale drugs are the bread and butter of revenue for the independent pharmacist.
Wholesale prescription drugs make up the largest percentage of community pharmacy sales – which means finding the lowest price on wholesale drugs is essential for profitability.
Increasingly, independent pharmacies are abandoning their contracts with their current suppliers for wholesale drugs and turning instead to an independent focused pharmaceutical wholesaler. The reason: some wholesale pharmaceuticals distributor will tend to offer the lowest prices to the big box chains who are their best customers. To make up for these discounts, some will often charge independent pharmacies a little more for wholesale drugs – which means independents may be helping to fund their competition.
For community pharmacies seeking the best prices on wholesale drugs from a leading independent pharmaceutical wholesale supplier, H. D. Smith is the answer.
H. D. Smith: one of the nation’s leading independent suppliers of wholesale drugs.
For more than 60 years, H. D. Smith has been focused on serving the needs of community pharmacies with competitively priced products, superior customer service and value-added offerings. Today, we partner with one in six community pharmacies in the US, making us the country’s number one independent full-line wholesaler.
When it comes to wholesale drugs, we offer highly competitive pricing on both brand and generic products. As a generic pharmaceutical supplier, we have partnered with leading manufacturers to create one of the most robust generic portfolios in the industry – PharmaGen. We monitor the generic market daily to ensure that we can offer the best possible coverage, quality, value and availability to our independent pharmacy partners.
We also provide rapid distribution of new pharmaceuticals, because we know that having wholesale drugs in stock when your customers arrive is critical to generating sales, winning customers and improving loyalty. Through long-standing relationships with both brand and generic manufacturers, we’ve developed services for rapid delivery of significant new wholesale drugs.
Beyond wholesale drugs: a full line of pharmacy supplies and business services.
While we know how important wholesale drugs are to profitability for independent pharmacies, we also know that consumer products, home healthcare goods and specialty medicines are important revenue streams as well. That’s why we offer comprehensive product lines in each area – from flu vaccines and clinical trial procurement options to health and beauty products, diabetic solutions, walkers and more.
And to help community pharmacies streamline administration and manage the back-end more easily, we offer a suite of retail solutions that help pharmacies to compete for patient attention, improve profit margins and drive more front-end traffic.
Learn more about purchasing wholesale drugs from H. D. Smith.
Robert Jacobson Surgical Pharmacy
Mount Kisco, NY
H. D. Smith customer for 35 years
“Inventory cant be beat, customer service is excellent, deliveries are dependable and returns are smooth. ”
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.”
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."