7 Medicine Distribution Business Success Stories [2024]

Updated: November 1st, 2023
Start A Medicine Distribution Business

A pharmaceutical distributor purchases pharmaceutical products directly from manufacturers and sells them to pharmacies.

To start a pharmaceutical business, you can take three different options.

  • Begin a pharmaceutical business with a manufacturing unit
  • Market medicines under a franchise
  • Team up with an established drug manufacturer and become their distributor

Keep in mind that the drug and pharmaceutical industry is highly regulated, so you must meet all the licensing and permits to operate.

Here are some real life success stories of starting a medicine distribution business:

1. Medicine Man Technologies ($6M/year)

How much they make: $6M/year
Current team size: 2

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They started Medicine Man Technologies about 10 years ago
Revenue
They grew the business to $500K/month
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2. Blessed CBD ($9.6M/year)

How much they make: $9.6M/year
Current team size:

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They started Blessed CBD about 6 years ago
Revenue
They grew the business to $800K/month
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Learn more about starting a medicine distribution business:

Where to start?

-> How much does it cost to start a medicine distribution business?
-> Pros and cons of a medicine distribution business

Need inspiration?

-> Examples of established medicine distribution business

Other resources

5. Cost Plus Drugs

Mark Cuban

Where they're located: Dallas, Texas, USA
Current team size: 23

6. Mankind

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7. Online pharmacy Store

Online Pharmacy Shop - Order at our Health Medical Store. We are selling prescription and OTC medicines from own drugstore through eCommerce and online shopping with free home delivery.

Where they're located: Dighalia, Dhaka Division, Bangladesh

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