Amexdrug Corporation · Beverly Hills, CA United States ·(OTC: AXRX)
Company Description
Phone: 310-855-0475
Fax: 888-325-2499
Toll Free: 800-272-1544
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Amexdrug, through subsidiaries Allied Med and Dermagen, is a wholesale distributor of pharmaceuticals, nutritional supplements, and beauty products to pharmacies and other retailers. The company allows small pharmacies to get the lower prices that large pharmaceutical chains such as Walgreen and CVS enjoy. Its customers are primarily located in California. Part of Allied Med's growth strategy includes increasing its online traffic, so it is increasing its name recognition and branding efforts. Top executive Jack Amin and his wife own more than 90% of the company. To read the full description, subscribe now.
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Key Amexdrug Corporation Financials
| Company Type | Public - OTC: AXRX Single Location |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $5.7 |
| 2008 Employees | 15 |
Amexdrug Corporation Executives
3 executives listed for Amexdrug Corporation's Beverly Hills, CA location.
| Title | Name & Bio | Contact |
| President, Secretary, Treasurer, and Director | Jack Amin | Network |
| Director | Rodney Barron | Network |
| Director | Behrooz Meimand | Network |
Competition
Competitive Landscape for Amexdrug Corporation
Population growth, particularly among households with children, drives demand in the consumer sector, and economic growth drives demand in the commercial sector. The profitability of individual companies depends on efficient operations and effective sales and marketing. Large companies have scale advantages in purchasing, manufacturing, distribution, and marketing. Small companies can compete effectively by offering specialized products, providing superior customer service, or serving a local market. The industry is capital-intensive: average annual revenue per worker is more than $1 million. The industry is about evenly split between the consumer and commercial segments. Both segments are highly competitive, and large companies spend millions to maintain market share. To read the full description, subscribe now.Top Amexdrug Corporation Competitors
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