OleoMed America, a company of the Pharmed Group, based in Miami, Florida, was founded in 2000 to market and distribute pharmaceutical-grade olive oil Both OleoMed and Pharmed have deep Mediterranean roots and are part of a true American success story.

Carlos and Jorge de Cèspedes, Cuban-American brothers of Spanish ancestry, who head Pharmed Group as CEO and President respectively, founded the company in 1980. With projected sales of $200 million for 2001, Pharmed is a leading marketing and distribution company of health care products in the U.S. and international marketplaces. The company, which was founded with a core mission to

"continuously provide products and services towards improving human life", has been recognized by Hispanic Business Magazine as one of the "fastest growing Hispanic companies in the USA". Pharmed operates a comprehensive 85,000-square foot distribution facility and is the largest privately held distributor of Johnson & Johnson medical and surgical supplies in the U.S. Pharmed International serves Latin America and the Caribbean from its Miami facility, with regional facilities in Mexico, Panama, Costa Rica and Brazil.