Tag: H.D. Smith
AmerisourceBergen buys H.D. Smith
November 22, 2017HME News Staff
VALLEY FORGE, Pa., and SPRINGFIELD, Ill. - AmerisourceBergen will purchase H.D. Smith for $815 million in cash, the two companies have announced.
H.D. Smith is among the largest wholesalers in the country, providing a full line of brand name, generic and specialty drugs from 10 distribution centers across the U.S.
“The acquisition of H. D. Smith strengthens our core business and expands and enhances our strategic scale in U.S. pharmaceutical distribution,” said Steven Collis, chairman,...
H.D. Smith launches VentureRx to support community pharmacists
December 21, 2016HME News Staff
SPRINGFIELD, Ill. - H.D. Smith has launched a new program to initiate and fullly support the start up, purchase, sale and related transition strategies of an independent or regional chair pharmacy. VentureRx empowers pharmacy owners to shape the future of their businesses, the pharmaceutical wholesale distributor said in a press release. “Recognizing the amount of pharmacies closing or selling to large chains, H.D. Smith developed VentureRx to support its largest customer base—community...
People in the news: Henry Dale Smith, Todd Timbrook
September 22, 2015HME News Staff
H.D. Smith announced this week that Henry Dale Smith Sr., the company's founder and chairman emeritus, has died at age 87. Smith founded H.D. Smith in 1954 with the mission of providing personalized service to local pharmacies in the Midwest. The Springfield, Ill.-based company has become the fourth largest national pharmaceutical wholesaler today…Continuum Rx, a Birmingham, Ala.-based provider of home infusion services, has added Todd Timbrook to its board of directors. Timbrook founded and was...