About Medical Purchasing Solutions
Medical Purchasing Solutions is a company based in Scottsdale (United States) founded in 2005 was acquired by Young Innovations in February 2022.. Medical Purchasing Solutions offers products and services including Distribution Service and Emergency Solutions. Medical Purchasing Solutions operates in a competitive market with competitors including AmerisourceBergen, Renee, Apothkary, AvKARE and Immune Control, among others.
- Headquarter Scottsdale, United States
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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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- Legal Name Medical Purchasing Solutions, Llc
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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
Young Innovations
(Feb 21, 2022)
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Products & Services of Medical Purchasing Solutions
Medical Purchasing Solutions offers a comprehensive portfolio of products and services, including Distribution Service and Emergency Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Streamlines repackaged pharmaceutical fulfillment for compliance needs.
Provides emergency kits and planning for healthcare institutions.
Funding Insights of Medical Purchasing Solutions
| 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 Medical Purchasing Solutions
Medical Purchasing Solutions has secured backing from 1 investor. Prominent investors backing the company include Young Innovations. 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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Portfolio of dental equipment
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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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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 Medical Purchasing Solutions
| 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 - Medical Purchasing Solutions
| 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 |
Medical Purchasing Solutions Comparisons
Competitors of Medical Purchasing Solutions
Medical Purchasing Solutions 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 AmerisourceBergen, Renee, Apothkary, AvKARE and Immune Control, 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 |
Pharmaceutical distribution and supply chain services are provided globally.
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Diversified drugs are distributed by Renee in the United States.
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| domain | founded_year | HQ Location |
Provides herbal formulas for stress relief, energy, mood, and wellness support.
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| domain | founded_year | HQ Location |
Pharmaceuticals and infection control products are distributed by AvKARE.
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Limited information available
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| domain | founded_year | HQ Location |
Clinical trial logistics and biopharma outsourcing services are provided globally.
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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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On-demand services are booked through an app-based platform.
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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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Latest news on Medical Purchasing Solutions
Frequently Asked Questions about Medical Purchasing Solutions
When was Medical Purchasing Solutions founded?
Medical Purchasing Solutions was founded in 2005.
Where is Medical Purchasing Solutions located?
Medical Purchasing Solutions is headquartered in Scottsdale, United States. It is registered at Scottsdale, Arizona, United States.
What does Medical Purchasing Solutions do?
Medical Purchasing Solutions was founded in 2005 in Scottsdale, United States, and operates within the pharmaceuticals and medical supplies sector. Distribution services for repackaged medications are provided, with adherence to regulations ensured through inventory management and serialization processes. Emergency preparedness supplies are supplied to educators, nurses, care providers, and community institutions. Partnerships are maintained to offer products for dental professionals, including oral surgery materials, across healthcare settings.
Who are the top competitors of Medical Purchasing Solutions?
Medical Purchasing Solutions's top competitors include AmerisourceBergen, AvKARE and Cencora.
What products or services does Medical Purchasing Solutions offer?
Medical Purchasing Solutions offers Distribution Service and Emergency Solutions.
Who are Medical Purchasing Solutions's investors?
Medical Purchasing Solutions has 1 investor. Key investors include Young Innovations.