Content about AmerisourceBergen

December 27, 2012

One week following the re-election of President Barack Obama, DSN spoke with Mike Cantrell, president of AmerisourceBergen's Good Neighbor Pharmacy, on the impact — and opportunity — healthcare reform holds for community pharmacies.

AUIDIO Q&A: DSN spoke with Mike Cantrell, president of AmerisourceBergen's Good Neighbor Pharmacy, one week following the re-election of President Barack Obama about the impact — and opportunity — healthcare reform holds for community pharmacies.

Smartphone users can access the mp3 file here.

April 14, 2014

Angelo Voxakis recently announced his retirement after 16 years as president and CEO of Epic Pharmacies, a national network of independently owned pharmacies, effective December 31.

COCKEYSVILLE, Md. — Angelo Voxakis recently announced his retirement after 16 years as president and CEO of Epic Pharmacies, a national network of independently owned pharmacies, effective December 31. An executive search committee has been formed. 

April 8, 2014

Ohio Gov. John Kasich got his first look on Tuesday at what’s being called a next-generation pharmaceutical distribution center — under construction in central Ohio.

COLUMBUS, Ohio — Ohio Gov. John Kasich got his first look on Tuesday at what’s being called a next-generation pharmaceutical distribution center — under construction in central Ohio.

AmerisourceBergen’s new national distribution center will process approximately 96 million units of medication daily. The facility is expected to employ 100 associates when it opens in the fall of 2014. The company already employs nearly 500 people in the Columbus area.  

March 26, 2014

In May 2013, more than 200 playgrounds across central and eastern Oklahoma were damaged or destroyed in one of the nation’s worst outbreaks of severe weather.

BETHEL ACRES, Okla. — In May 2013, more than 200 playgrounds across central and eastern Oklahoma were damaged or destroyed in one of the nation’s worst outbreaks of severe weather. One year later, the drive and generosity of some central Oklahoma small business owners is bringing volunteers, money and some celebrity star-power to help rebuild the devastated community of Bethel Acres.

March 26, 2014

Message to federal health plan payers from community pharmacy: We have the systems in place and the professional expertise to help millions of patients to better their health outcomes at a lower cost. Message to pharmacy from the U.S. Department of Health and Human Services and its Centers for Medicare and Medicaid Services: Prove it.

Message to federal health plan payers from community pharmacy: We have the systems in place and the professional expertise to help millions of patients to better their health outcomes at a lower cost. Message to pharmacy from the U.S. Department of Health and Human Services and its Centers for Medicare and Medicaid Services: Prove it.

March 24, 2014

AmerisourceBergen on Monday announced that it has reached a definitive agreement to acquire a minority stake in Profarma Distribuidora de Produtos Farmacêuticos S.A., a leading pharmaceutical wholesaler in Brazil.

VALLEY FORGE, Pa. — AmerisourceBergen on Monday announced that it has reached a definitive agreement to acquire a minority stake in Profarma Distribuidora de Produtos Farmacêuticos S.A., a leading pharmaceutical wholesaler in Brazil. In addition, AmerisourceBergen and Profarma will establish a joint venture for specialty distribution and services. 

March 6, 2014

In anticipation of the March 13 deadline for comments on the FDA's proposed rule on prescription generic drug labeling, 21 health industry groups submitted a new letter to the agency on Thursday, raising concerns about the proposed regulation.

WASHINGTON — In anticipation of the March 13 deadline for comments on the FDA's proposed rule on prescription generic drug labeling, 21 health industry groups submitted a new letter to the agency on Thursday, raising concerns about the proposed regulation. 

March 6, 2014

At the AmerisourceBergen annual meeting of stockholders here on Thursday, company stockholders elected 10 directors to serve for a one-year term, including: Steven Collis, Douglas Conant, Richard Gochnauer, Richard Gozon, Lon Greenberg, Edward Hagenlocker, Jane Henney, Kathleen Hyle, Michael Long and Henry McGee.

NAPLES, Fla. — At the AmerisourceBergen annual meeting of stockholders here on Thursday, company stockholders elected 10 directors to serve for a one-year term, including: Steven Collis, Douglas Conant, Richard Gochnauer, Richard Gozon, Lon Greenberg, Edward Hagenlocker, Jane Henney, Kathleen Hyle, Michael Long and Henry McGee. 

During the meeting, AmerisourceBergen's president and CEO Steven Collis gave an overview of the company's activities and its results of operations from fiscal year 2013 and the first fiscal quarter of 2014.

February 21, 2014

Par Pharmaceutical announced the appointment of Antonio R. Pera as CCO.

WOODCLIFF LAKE, N.J. — Par Pharmaceutical announced the appointment of Antonio R. Pera as CCO. In his new role, Pera will lead Par's newly integrated sales and marketing organization. He'll be instrumental in managing Par's relationships with major trade partners, the company said.

Pera joins the organization from JHP, which Par recently acquired. He has more 30 years of experience in the pharmaceutical industry, which, in addition to his time at JHP, also includes time in executive leadership at AmerisourceBergen Corp.

February 18, 2014

Recent strategic business initiatives are granting wholesalers more generic drug purchasing power than ever before.

Recent strategic business initiatives are granting wholesalers more generic drug purchasing power than ever before.

Over the last few years, some major deals in the world of drug wholesaling have taken shape. While the business arrangements among the three top wholesalers differ slightly in terms of ownership, benefits and risks, one thing is for certain: all of the agreements will translate into growth opportunities for the companies involved and will help them improve their generic drug sourcing practices.

February 6, 2014

McKesson confirmed that it has completed the previously announced agreement with Franz Haniel & Cie. GmbH to acquire their entire holding of Celesio shares.

SAN FRANCISCO — McKesson on Thursday confirmed that it has completed the previously announced agreement with Franz Haniel & Cie. GmbH to acquire their entire holding of Celesio shares. McKesson also confirmed it has completed the previously announced agreement with an affiliate of Elliott Management to acquire Celesio convertible bonds.  

McKesson now exceeds 75% ownership of Celesio shares on a fully diluted basis.

January 31, 2014

If you don't succeed the first time, try, try again. That's exactly what McKesson did when it announced that it reached an agreement with Franz Haniel & Cie. GmbH to acquire its entire holding of Celesio shares. And in a separate and subsequent agreement, McKesson also picked up the Celesio convertible bonds from Elliott.

Nothing good is ever easy. "While the path to securing this acquisition was certainly not what we had originally expected, it would seem that the interested parties to this transaction continued to see the compelling strategic benefit of McKesson and Celesio uniting to form a global leader in health care services," John Hammergren, McKesson chairman, CEO and president, said of the deal. "I never lost sight of the value this transaction will bring to our customers, our supply chain partners, the employees of both organizations and our shareholders."

If you don't succeed the first time, try, try again. That's exactly what McKesson did when it announced that it reached an agreement with Franz Haniel & Cie. GmbH to acquire its entire holding of Celesio shares. And in a separate and subsequent agreement, McKesson also picked up the Celesio convertible bonds from Elliott.

January 23, 2014

Due in part to the new Walgreens pharmaceutical business, AmerisourceBergen on Thursday reported revenue of $29.2 billion, up 38.5%, for its fiscal year 2014 first quarter ended Dec. 31.

VALLEY FORGE, Pa. — Due in part to the new Walgreens pharmaceutical business, AmerisourceBergen on Thursday reported revenue of $29.2 billion, up 38.5%, for its fiscal year 2014 first quarter ended Dec. 31.

“In our December quarter, we delivered solid results as we onboarded substantial new business,” Steven Collis, AmerisourceBergen president and CEO, said. “We performed well operationally, made meaningful progress through a significant working capital transition, and positioned ourselves well to meet our objectives for the fiscal year.”

January 9, 2014

A deal announced last month between CVS Caremark and Cardinal Health created a joint venture that the companies said would be the largest generic drug sourcing entity in the United States.

A deal announced last month between CVS Caremark and Cardinal Health created a joint venture that the companies said would be the largest generic drug sourcing entity in the United States.

Each company will have a 50% stake in the joint venture, contributing its respective sourcing and supply chain expertise. The deal also included an extension of Cardinal Health’s existing pharmaceutical distribution agreement with CVS Caremark through June 2019.

December 18, 2013

AmerisourceBergen on Wednesday announced a CMS Star measure improvement initiative for members of the Good Neighbor Pharmacy network, a group of more than 3,200 independent pharmacies across the nation.

VALLEY FORGE, Pa. — AmerisourceBergen on Wednesday announced a CMS Star measure improvement initiative for members of the Good Neighbor Pharmacy network, a group of more than 3,200 independent pharmacies across the nation.

December 13, 2013

AmerisourceBergen is bullish when it comes to independent pharmacy, David Neu, SVP and president AmerisourceBergen, told analysts during an investor day conference on Thursday.

NEW YORK — AmerisourceBergen is bullish when it comes to independent pharmacy, David Neu, SVP and president AmerisourceBergen, told analysts during an investor day conference on Thursday. 

November 18, 2013

AmerisourceBergen on Monday announced the launch of the company’s new Pharmacy Ownership Program, a new network with resources established to assist independent community pharmacists in selling their business to prospective buyers or expanding their current business to additional locations.

VALLEY FORGE, Pa. — AmerisourceBergen on Monday announced the launch of the company’s new Pharmacy Ownership Program, a new network with resources established to assist independent community pharmacists in selling their business to prospective buyers or expanding their current business to additional locations. In conjunction with the announcement, AmerisourceBergen launched Buysellpharmacy.com.

November 8, 2013

You could call it a who’s who of the industry.

With a record-breaking crowd expected on hand, The Drug Store News Group has assembled an all-star lineup of some of the leading retail merchants and marketers in the industry for its 15th annual Industry Issues conference next month.

You could call it a who’s who of the industry.

With a record-breaking crowd expected on hand, The Drug Store News Group has assembled an all-star lineup of some of the leading retail merchants and marketers in the industry for its 15th annual Industry Issues conference next month. All that and brand-building genius and TV celebrity Daymond John of ABC’s “Shark Tank” will deliver the exclusive lunchtime keynote.

November 6, 2013

The board of directors of AmerisourceBergen on Tuesday increased the company’s quarterly dividend rate 12% to $0.235 per common share from $0.21 per common share.

VALLEY FORGE, Pa. — The board of directors of AmerisourceBergen on Tuesday increased the company’s quarterly dividend rate 12% to $0.235 per common share from $0.21 per common share.

AmerisourceBergen shares were up 23 cents to $67.13 in mid-morning trading on Wednesday. 

The quarterly dividend of $0.235 per common share will be payable Dec. 2, 2013, to stockholders of record at the close of business on Nov. 18, 2013.

 

November 4, 2013

In less than eight hours, a play space was built at The Community YMCA’s Family Health and Wellness Center with the help of more than 200 volunteers from The Community YMCA, Good Neighbor Pharmacy and non-profit KaBOOM!, the companies announced Monday.

RED BANK, N.J. — In less than eight hours, a play space was built at the Community YMCA’s Family Health and Wellness Center with the help of more than 200 volunteers from the Community YMCA, Good Neighbor Pharmacy and non profit KaBOOM!, the companies announced Monday. The new playground — which was made possible by funds donated by Good Neighbor Pharmacy and matched by its parent company, AmerisourceBergen — will serve hundreds of children in the community for years to come.

October 31, 2013

AmerisourceBergen announced on Thursday that fourth quarter revenue rose 28.3% as it gains “strong momentum” heading into fiscal 2014.

VALLEY FORGE, Pa. — AmerisourceBergen announced on Thursday that fourth quarter revenue rose 28.3% as it gains “strong momentum” heading into fiscal 2014.

October 29, 2013

Hamacher Resource Group VP Dave Wendland is moderating Drug Store News' Diabetes & Chronic Care Roundtable for the 10th consecutive year, the company said Tuesday.

WAUKESHA, Wis. — Hamacher Resource Group VP Dave Wendland is moderating Drug Store News' Diabetes & Chronic Care Roundtable for the 10th-consecutive year, the company said Tuesday.

The roundtable, part of the DSN Industry Issues Summit, will take place on Dec. 3 at the New York Athletic Club in New York and include participants like Walgreens, Thrifty-White, Costco, H-E-B, Ahold, Kerr Drug, AmerisourceBergen and McKesson/Health Mart, as well as numerous suppliers.

October 25, 2013

With is proposed acquisition of German wholesaler Celesio, McKesson creates a global distribution enterprise on the scale of Walgreens, Alliance Boots and AmerisourceBergen before them. In addition to wholesaling, Celesio operates about 2,200 pharmacies across six countries and is the No. 2 operator in the United Kingdom.

Retail pharmacy and drug sourcing both are more and more becoming a global business. Just last week, the head of the second-biggest drug chain in Brazil announced he would be open to a buyout. So expect more of these headlines in the months to come.

With is proposed acquisition of German wholesaler Celesio, McKesson creates a global distribution enterprise on the scale of Walgreens, Alliance Boots and AmerisourceBergen before them. In addition to wholesaling, Celesio operates about 2,200 pharmacies across six countries and is the No. 2 operator in the United Kingdom. 

October 24, 2013

McKesson on Thursday confirmed its proposed acquisition of Celesio, a leading international wholesale and retail company and provider of logistics and services to the pharmaceutical and healthcare sectors, with an agreement to acquire a majority stake in Celesio for €23 per share (US$31.75 per share) and to launch parallel voluntary public tender offers for the remaining publicly traded shares and outstanding convertible bonds of Celesio.

SAN FRANCISCO — McKesson on Thursday confirmed its proposed acquisition of Celesio, a leading international wholesale and retail company and provider of logistics and services to the pharmaceutical and healthcare sectors, with an agreement to acquire a majority stake in Celesio for €23 per share (US$31.75 per share) and to launch parallel voluntary public tender offers for the remaining publicly traded shares and outstanding convertible bonds of Celesio.  

October 4, 2013

AmerisourceBergen on Friday announced the company will hold its annual manufacturer summit, ThinkLive 2013, Oct. 7 to 8 at the Fairmont Hotel in Dallas.

VALLEY FORGE, Pa. — AmerisourceBergen on Friday announced the company will hold its annual manufacturer summit, ThinkLive 2013, Oct. 7 to 8 at the Fairmont Hotel in Dallas. The trade show is expected to draw a diverse group of manufacturer executives from the pharmaceutical industry, including those responsible for pharmaceutical brand management, trade relations, supply chain, market access, reimbursement strategy, global pharmaceuticals, medical devices, over-the-counter products and global pharmaceuticals.