ParMed Pharmaceuticals

ParMed Pharmaceuticals is a leading distributor of generic pharmaceuticals, primarily serving independent retail pharmacies, hospitals, and healthcare providers across the United States. Founded in 1968 and headquartered in Niagara Falls, New York, the company established itself as a pioneer in the telemarketing-based wholesale model for generic drugs. In 2006, ParMed was acquired by Cardinal Health, a global leader in healthcare services, to bolster its generic distribution network and service offerings for independent pharmacies. The company provides an extensive portfolio of products, including generic prescription medications, over-the-counter products, and diagnostic supplies. ParMed is recognized for its commitment to helping independent pharmacies remain competitive through aggressive pricing, reliable supply chains, and dedicated customer support. Today, it operates as a specialized business unit within Cardinal Health’s pharmaceutical segment, leveraging the parent company's vast logistics infrastructure.