AmerisourceBergen Corporation
usinfo | 2012-12-21 11:21
AmerisourceBergen Corporation |
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Type |
Public (NYSE: ABC)
S&P 500 Component |
Public (NYSE: ABC) |
Pharmaceuticals |
S&P 500 Component |
Merger between AmeriSource Health and Bergen Brunswig in 2001 |
Industry |
Chesterbrook, Pennsylvania, U.S. |
Founded |
North America
United Kingdom |
Headquarters |
Richard C. Gozon
(Chairman)
Steven H. Collis
(President), (CEO) & (Director) |
Area served |
Pharmaceuticals and pharmacy services |
United Kingdom |
US$ 70.052 billion (2009) |
Key people |
US$ 883.75 million (2009) |
(Chairman) |
US$ 503.40 million (2009) |
Steven H. Collis |
US$ 13.572 billion (2009) |
(President), (CEO) & (Director) |
US$ 2.717 billion (2009) |
Products |
10,000 (2009) |
Revenue |
AmerisourceBergen.com |
AmerisourceBergen Corporation NYSE: ABC is a Chesterbrook, Pennsylvania based drug wholesale company that was formed by the merger of Bergen Brunswig and AmeriSource in 2001.
They provide drug distribution and related services designed to reduce costs and improve patient outcomes, distribute a line of brand name and generic pharmaceuticals, over-the-counter (OTC) health care products and home health care supplies and equipment to a wide variety of health care providers located throughout the United States, including acute care hospitals and health systems, independent and chain retail pharmacies, mail-order facilities, physicians, clinics and other alternate site facilities, as well as skilled nursing and assisted living centers.
They also provide pharmaceuticals and pharmacy services to long-term care, workers' compensation and specialty drug patients. It is a market leader in pharmaceutical distribution and ranked 27th on the Fortune 500 list for 2011 with over $80 Billion in annual revenue. In terms of revenue (80.2 billion in 2011) the firm is the largest based in Pennsylvania.
History
In 1997, in competition between Cardinal Health and McKesson Corporation, Cardinal Health has planned to purchase Bergen, to which McKesson responded with a bid to purchase Amerisource. Instead, Amerisource and Bergen merged into AmerisourceBergen.
Notes
1. ^ AmerisourceBergen: The biggest Pennsylvania company you never heard of, by David Sell, Philadelphia Inquirer, 15 July 2012
2. ^ McKesson plans to buy rival Amerisource "Reuters", September 24, 1997, Accessed July 20, 2011.
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