Smith Drug Company is a Spartanburg, South Carolina based drug wholesale company and a division of J M Smith Corporation.[1] The company was founded in 1944 with annual revenue in excess of $2.5 Billion as of 2013.[2]
 | |
| Company type | Private |
|---|---|
| Industry | Pharmaceuticals and pharmacy services |
| Founded | 1944 |
| Headquarters | Spartanburg, South Carolina, U.S. |
Key people | Wade Lewis (President) |
| Website | smithdrug |
The company specializes in wholesale pharmaceutical distribution, home medical equipment and other medical products. Although it services long-term care pharmacies and regional hospitals as well, the company has been serving independent pharmacies for over 75 years.
History
editIn 1925, J.M. Smith Sr., R.Ph., founded Smith Drug Company as an independent pharmacy in Asheville, North Carolina. As the changing economy of the 1940s, rigors of contestant travel and shortages imposed by World War II began to take their toll, J.M. Smith began divesting his retail chain of drug stores and incorporated Smith Drug Company in 1943. The wholesale drug operation began in the attic of the original Smith Drug Store in Spartanburg, South Carolina and now manages three large distribution centers across the southeastern United States.
Facilities
editIn addition to its national headquarters located in Spartanburg, South Carolina, Smith Drug Company maintains additional distribution centers and offices in Paragould, Arkansas, Valdosta, Georgia, Carey, Ohio and Milton, Vermont.[3][4][5]
Key programs and services
edit- HealthWise Pharmacy - Advertising program.
- HME - Home Medical Equipment.
Continuing education and trade show
editSince 1996, Smith Drug Company's Continuing Education program has grown into a large attraction at the company's annual Trade Show, where it gives manufacturers, vendors and customers a place to meet.
Other divisions
edit- RxMedic Systems
References
edit- ^ "Smith Drug Company - Full-line Pharmacy Distributor". J M Smith Corporation. Retrieved 2 June 2019.
- ^ "#179 J M Smith Corporation - Forbes.com". Forbes.com. Retrieved 2 June 2019.
- ^ Harris, Kay. "Welcome, Smith Drug Co". Valdosta Daily Times. Retrieved 2 June 2019.
- ^ Monday, Mark Friedman; Nov. 15; Read, 2004 12:00 Am 1 Min (15 November 2004). "Smith Drug Co. Coming to Paragould". Arkansas Business. Retrieved 2 June 2019.
{{cite web}}: CS1 maint: numeric names: authors list (link) - ^ Anderson, Trevor. "Smith Drug opens new Ga. facility". GoUpstate.com. Retrieved 2 June 2019.