7 Medicine Distribution Business Success Stories [2024]
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
Learn how Joshua Haupt became a self-made millionaire with his cannabis consultancy firm, Medicine Man Technologies, supporting clients globally since 2014, earning the nickname "Steve Jobs of cannabis" for his significant influence on industry cultivation.
2. Blessed CBD ($9.6M/year)
How much they make: $9.6M/year
Current team size:
Meet the 24-year-old self-made millionaire founder of Blessed CBD, a UK-based CBD production company that has supported clients worldwide since 2018 with CBD oils, gummies, capsules, and creams to improve people's health and wellbeing.
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
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
- 4,818 founder case studies
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- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings