The Phall of Pharmed

Courtesy Health Care Renewal  Mon, 02/04/2008 - 15:43

The Miami Herald documented the rise and fall of a prominent medical supply company.

Before its spectacular collapse, Pharmed Group was one of the great South Florida success stories, a medical supply company created by two brothers who started with nothing and built the eighth-largest Hispanic-owned business in America.

In 2003, their profit was $48 million.

What happened to this once fabulous company, where brothers Carlos and Jorge de Céspedes often showed up for work in a...


 

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