Posts tagged AmerisourceBergen

AmerisourceBergen Corporation signed a three year agreement to supply approximately $18.5 billion in pharmaceuticals to Express Scripts on an annual basis.

AmerisourceBergen Corporation signed a three year agreement to supply approximately $18.5 billion in pharmaceuticals to Express Scripts on an annual basis.

Pharmaceutical Commerce recently reported that 87% of all prescription drug sales revenue was handled by distributors in 2010, up from 82% in 2007. The drug wholesaler industry is controlled by the three large players that are profiled in Knowledge Source’s Drug Wholesaler’s Market Overview: AmerisourceBergen, Cardinal Health, and McKesson. Although these three companies control approximately 75% of the market, there are numerous regional and local drug wholesalers competing in the market.

Pharmaceutical Commerce recently reported that 87% of all prescription drug sales revenue was handled by distributors in 2010, up from 82% in 2007. The drug wholesaler industry is controlled by the three large players that are profiled in Knowledge Source’s Drug Wholesaler’s Market Overview: AmerisourceBergen, Cardinal Health, and McKesson. Although these three companies control approximately 75% of the market, there are numerous regional and local drug wholesalers competing in the market.

The U.S. Department of Veterans Affairs may have improperly spent billions of dollars on purchases including pharmaceuticals.

The U.S. Department of Veterans Affairs may have improperly spent billions of dollars on purchases including pharmaceuticals.

AmerisourceBergen acquiring TheraCom from CVS Caremark

Drug distributor AmerisourceBergen Corp. is buying CVS Caremark Corp. unit TheraCom LLC for $250 million in order to enhance the support given to pharmaceutical and biotechnology drug makers. Read more here

AmerisourceBergen targeting acquisition candidates

Strong sales have helped AmerisourceBergen grow its cash reserves by 20 per cent over the past year and the company now plans to spend some of its money. Pharma distribution and packaging services companies are being targeted, and AmerisourceBergen is willing to spend big on the right business. Read more here