About MedCart Specialty Pharmacy
MedCart Specialty Pharmacy is a company based in Livonia (United States) founded in 2006 by Eddie Abueida and Ed Saleh was acquired by Albertsons in May 2017.. MedCart Specialty Pharmacy operates in a competitive market with competitors including Cardinal Health, Orbital Therapeutics, Harrow, FFF Enterprises and Threshold Enterprises, among others.
- Headquarter Livonia, United States
- Founders Eddie Abueida, Ed Saleh
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Albertsons
(May 31, 2017)
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Funding Insights of MedCart Specialty Pharmacy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in MedCart Specialty Pharmacy
MedCart Specialty Pharmacy has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Albertsons. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Groceries and household items are sold by Albertsons online and in-store.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by MedCart Specialty Pharmacy
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - MedCart Specialty Pharmacy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Medcart Specialty Pharmacy Comparisons
Competitors of MedCart Specialty Pharmacy
MedCart Specialty Pharmacy operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cardinal Health, Orbital Therapeutics, Harrow, FFF Enterprises and Threshold Enterprises, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple healthcare products and services are provided to organizations.
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Distributor of RNA medicines
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| domain | founded_year | HQ Location |
Ophthalmic products marketing services are provided by Harrow.
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Distributes critical-care pharmaceuticals, vaccines, and specialty products to healthcare providers.
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Distributors of fine natural and specialty products
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| domain | founded_year | HQ Location |
Specialty pharmaceutical drugs are distributed nationwide by CuraScript SD.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about MedCart Specialty Pharmacy
When was MedCart Specialty Pharmacy founded?
MedCart Specialty Pharmacy was founded in 2006.
Where is MedCart Specialty Pharmacy located?
MedCart Specialty Pharmacy is headquartered in Livonia, United States. It is registered at Livonia, Michigan, United States.
Who is the current CEO of MedCart Specialty Pharmacy?
Eddie Abueida is the current CEO of MedCart Specialty Pharmacy. They have also founded this company.
What does MedCart Specialty Pharmacy do?
MedCart Specialty Pharmacy was founded in 2006 in Livonia, United States, by co-founders Eddie Abueida and Ed Saleh. Specialty drugs are distributed through its operations, targeting the pharmaceutical sector. Services encompass the supply of medications for complex conditions, with activities centered in the United States healthcare market. Compliance and logistics are managed from the Livonia base to support distribution needs.
Who are the top competitors of MedCart Specialty Pharmacy?
MedCart Specialty Pharmacy's top competitors include Cardinal Health, Harrow and Orbital Therapeutics.
Who are MedCart Specialty Pharmacy's investors?
MedCart Specialty Pharmacy has 1 investor. Key investors include Albertsons.