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PharMedQuest - About the company

PharMedQuest is an acquired company based in Brea (United States), founded in 1992 by Duane Saikami and Christopher Nee. It operates as a Developer of medical benefit management for speciality healthcare. The company has 20 active competitors, including 5 funded and 6 that have exited. Its top competitors include companies like Wellpartner, RxStrategies and Pharmaceutical Strategies Group.

Company Details

Developer of medical benefit management for specialty healthcare. The company offers an ARC solution for providing real-time data on the pharmacy benefits for managing high-cost medications. The solution enables pharmacists and sub-specialists to review and counsel on the benefits, clinical and financial data for the patients. It is also a drug management plan evaluated by the company's teams.
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Key Metrics
Founded Year
1992
Location
Stage
Acquired
Investors
Ranked
Investment & Acquisitions
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Exit Details
Acquired by Kinderhook Industries (Dec 04, 2019)

PharMedQuest's acquisition details

PharMedQuest got acquired by Kinderhook Industries on Dec 04, 2019 at an acquisition amount of $380M. It was facilitated by Kirklands Warehouse and Madison Capital Funding.
Click here to take a look at PharMedQuest's acquisition in detail
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PharMedQuest's funding and investors

PharMedQuest is a funded company. PharMedQuest has 1 institutional investor.

PharMedQuest's founders and board of directors

Founder? Claim Profile
The founders of PharMedQuest are Duane Saikami and Christopher Nee. Christopher Nee is the CEO of PharMedQuest.
Here are the details of PharMedQuest's key team members:
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PharMedQuest's Competitors and alternates

Top competitors of PharMedQuest include Wellpartner, RxStrategies and Pharmaceutical Strategies Group. Here is the list of Top 10 competitors of PharMedQuest, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Wellpartner
Wellpartner
2000, Tualatin (United States), Series D
Provider of 340B contract pharmacy programs
$37.6M
45/100
2nd
Logo for RxStrategies
RxStrategies
2003, Boca Raton (United States), Series A
340B pharmacy solutions provider, optimizing pharmacy performance and compliance
$7.8M
39/100
3rd
Provider of pharmacy intelligence platform
-
38/100
4th
Logo for Verity Solutions
Verity Solutions
2002, Kirkland (United States), Acquired
A platform to help with 340B program compliance and keep them up-to-date with ever-changing regulations
-
36/100
5th
Logo for Proximity
Proximity
2023, Chicago (United States), Seed
Provider of 340B drug pricing revenue program for healthcare providers
$3M
32/100
6th
Logo for PharMedQuest
PharMedQuest
1992, Brea (United States), Acquired
Developer of medical benefit management for speciality healthcare
-
31/100
7th
Logo for Pharmacy Systems
Pharmacy Systems
1982, Flint (United States), Unfunded
Provider of 340B compliance management software for pharmacists
-
-
31/100
8th
Logo for Equiscript
Equiscript
2009, North Charleston (United States), Seed
Data-driven solutions for 340B program administration, referral capture, and clinical needs
$2.1M
30/100
9th
Logo for 340BDirect
340BDirect
2014, Murray (United States), Unfunded
Provides tools to manage 340B for pharmacy
-
-
27/100
10th
Logo for Elevate340B
Elevate340B
2016, Draper (United States), Acquired
Provider of solution for regulatory 340B compliance for pharmacy
-
-
26/100
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PharMedQuest's Investments and acquisitions

PharMedQuest has a total of 1 investment in RxWare. PharMedQuest has not made any acquisitions as of now.

News related to PharMedQuest

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