SIC Code 5122-23 - Drug Brokers (Wholesale)
Marketing Level - SIC 6-DigitUse Data For:
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SIC Code 5122-23 Description (6-Digit)
Drug Brokers (Wholesale) are companies that act as intermediaries between drug manufacturers and retailers. They purchase large quantities of prescription and over-the-counter drugs from manufacturers and then sell them to pharmacies, hospitals, and other healthcare providers. Drug Brokers (Wholesale) do not take ownership of the drugs they sell, but rather act as agents for the manufacturers. They negotiate prices, handle logistics, and provide marketing and sales support to the manufacturers. The industry is highly regulated and requires strict adherence to government regulations and industry standards.
Hierarchy Navigation for SIC 6-Digit Code 5122-23
Parent Code (less specific)
Tools
- Drug databases
- Inventory management software
- Sales and marketing software
- Logistics and supply chain management software
- Financial management software
- Quality control and compliance software
- Customer relationship management software
- Electronic data interchange (EDI) systems
- Barcoding and scanning equipment
- Shipping and tracking software
Industry Examples of Drug Brokers (Wholesale)
- Pharmaceutical wholesalers
- Medical supply distributors
- Healthcare product distributors
- Prescription drug distributors
- Overthecounter drug distributors
- Biotech product distributors
- Medical equipment distributors
- Veterinary drug distributors
- Nutritional supplement distributors
- Specialty drug distributors
SIC Code 5122-23 - Drug Brokers (Wholesale)
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