About Quality Drug
Quality Drug is a company based in Laguna Beach (United States) founded in 2004 was acquired by Lumicera Health Services in July 2021.. Quality Drug offers products and services including Rx Refills, Immunizations, Compounding, Travel Clinic, and Med Sync. Quality Drug operates in a competitive market with competitors including AmerisourceBergen, Renee, Apothkary, AvKARE and Cencora, among others.
- Headquarter Laguna Beach, United States
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Sectors
Healthcare
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Phone
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Website
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Social
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- Legal Name Quality Drug Holdings Corp
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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
Lumicera Health Services
(Jul 19, 2021)
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Products & Services of Quality Drug
Quality Drug offers a comprehensive portfolio of products and services, including Rx Refills, Immunizations, Compounding, Travel Clinic, and Med Sync. 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.
Service for conveniently refilling prescription medications
Vaccinations to prevent diseases and infections
Custom preparation of medications as needed
Consultations for travel-related health preparations
Coordination of refills for monthly pickups
Funding Insights of Quality Drug
| 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 |
Investors in Quality Drug
Quality Drug has secured backing from 1 investor. Prominent investors backing the company include Lumicera Health Services. 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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Specialty pharmacy offering medication delivery, patient support, and partnerships with health systems.
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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 Quality Drug
| 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 - Quality Drug
| 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 |
Quality Drug Comparisons
Competitors of Quality Drug
Quality Drug 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 Cencora, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Pharmaceutical distribution and supply chain services are provided globally.
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| domain | founded_year | HQ Location |
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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| domain | founded_year | HQ Location |
Clinical trial logistics and biopharma outsourcing services are provided globally.
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| domain | founded_year | HQ Location |
Limited information available
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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 Quality Drug
When was Quality Drug founded?
Quality Drug was founded in 2004.
Where is Quality Drug located?
Quality Drug is headquartered in Laguna Beach, United States. It is registered at Laguna Beach, California, United States.
What does Quality Drug do?
Quality Drug was established in 2004 in Laguna Beach, United States, as a distributor within the pharmaceutical sector. Operations are centered on the supply and logistics of various pharmaceutical products to healthcare providers and retailers. The company maintains a web presence through qualitydrug.net. Distribution activities are conducted primarily in the domestic market, supporting regional access to essential medications.
Who are the top competitors of Quality Drug?
Quality Drug's top competitors include AmerisourceBergen, AvKARE and Cencora.
What products or services does Quality Drug offer?
Quality Drug offers Rx Refills, Immunizations, Compounding, Travel Clinic, and Med Sync.
Who are Quality Drug's investors?
Quality Drug has 1 investor. Key investors include Lumicera Health Services.