For more information and a reconciliation of non-GAAP financial measures; refer to the Company's Current Report on Form 8-K furnished under Item 2.02 on November 3, 2022. ABC retained the unopened vials and sold them to other customers and to its subsidiary ABDC for resale. We recognize that our work is essential in advancing the treatment and prevention of COVID-19 and are dedicated to supporting our associates, customers, partners and patients at this critical time. amended from time to time, because they will contain important information The transaction will advance AmerisourceBergens role as partner of choice for biopharmaceutical manufacturers by enhancing AmerisourceBergens global portfolio of solutions to support manufacturer partners across the pharmaceutical development and commercialization journey. You can access AmerisourceBergens or WBAs filings with the SEC through the SEC website at www.sec.gov or through AmerisourceBergens or WBAs website, and AmerisourceBergen and WBA strongly encourage you to do so. The scheme also enabled ABC to increase its market share by offering various product discounts, which it leveraged to obtain new customers and to keep existing customers who purchased its entire portfolio of oncology drugs. Business and Portfolio Mergers & Acquisitions, Toxicological Services and Risk Assessment, Healtheconomics and outcomes research (HEOR), Qualified Person for Pharmacovigilance (QPPV), eCTD, System Operations and Data Management, Regulatory Writing / Scientific and Technical Writing, Commissioning, Qualification and Validation, PharmaLexstrengthens its specialised services presence through merger with UKs NeoHealthHub, Pharma time-to-market reduced thanks to more efficient submission document publishing services, Pharmalex Launches Biopharma Excellence Brand, with Ex-MHRA Scientific Lead Dr. Christian K. Schneider at the Helm. In October, On January 3, 2018, AmerisourceBergen acquired H. D. Smith, the largest privately-held national pharmaceutical, On June 2, 2021, AmerisourceBergen acquired Alliance Healthcare from, This page was last edited on 24 March 2023, at 06:32. By providing your email address below, you are providing consent to AmerisourceBergen Corporation to send you the requested investor email alerts updates. The Companys most targeted sectors include healthcare services (36%) and distribution (22%). HHS agreed to manufacturer Gilead's wholesale acquisition price, while HHS would continue to work together with state governments and AmerisourceBergen to allocate shipments of remdesivir vials to American hospitals through the end of September 2020, and in exchange, during that time-frame American patients would be allocated over 90% of Gilead's projected remdesivir output of more than 500,000 treatment courses. Participating in the conference call will be: - Steven H. Collis, Chairman, President & Chief Executive Officer, - James F. Cleary, Executive Vice President & Chief Financial Officer. Bennett S. Murphy Their US distribution agreement will be extended by three years until 2029 and their partnership is being expanded to include a commitment to pursue additional opportunities in sourcing and distribution. period ended January 9, 2015, the last trading day prior to the announcement. From outside the U.S., dial +1 (412)-317-0088. Certain additional factors that management believes could cause actual outcomes and results to differ materially from those described in forward-looking statements are set forth (i) in Item 1A (Risk Factors), in the Companys Annual Report on Form 10-K for the fiscal year ended September 30, 2020 and elsewhere in that report and (ii) in other reports filed by the Company pursuant to the Securities Exchange Act. delivering quality service and superior value for our customers and AmerisourceBergen to acquire MWI Veterinary Supply (MWI), the leading animal They also distribute a line of brand name and generic pharmaceuticals, over-the-counter (OTC) health care products and home health care supplies and equipment to health care providers 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 nursing and assisted living centers. www.amerisourcebergen.com. products of all sizes, temperatures and storage needs. customers unique set of requirements. Actual results may differ materially from these AmerisourceBergen and Walgreens Boots Alliance will also execute on the expansion and extension of commercial agreements in order to drive incremental growth and synergies. ABC Order | AmerisourceBergen today the grand opening of its newest third-party logistics (3PL) outstanding shares of MWI common stock. ICS is awarded our first ISO 9001:2000 Certification. The investment further strengthens AmerisourceBergen's solutions in specialty. At the time the tender offer is commenced, AmerisourceBergen will file a [7] David Yost was CEO of Amerisource prior to the merger and remained in the position after the companies merged.[8]. www.amerisourcebergen.com. [26] AmerisourceBergen was among four companies who, because of their role in the addiction crisis, agreed to pay $260 million to two Ohio counties. carefully and in their entirety when they become available, as they may be addition of the newest facility in Ohio, ICS now has more than 925,000 square-feet Emails sent by PharmaLex will originate from @pharmalex.com. AmerisourceBergen's shares traded at over $88 per share, and its market capitalization was valued at over US$19.2 billion in September 2019. tender offer and the associated transactions that are filed with the SEC, About AmerisourceBergen Good Neighbor Pharmacy is the sponsor for "Thought Spot" the annual trade show held in Las Vegas. AmerisourceBergen fosters a positive impact on the health of people and communities around the world by advancing the development and delivery of pharmaceuticals and healthcare products. from nearly 1,000 vendors. Join for free to get the full story. pharmaceutical distribution center in Ohio. To learn more about our new corporate identity click here. AmerisourceBergen is a global healthcare solutions leader driving innovative partnerships with global manufacturers, providers and pharmacies to improve product access and efficiency throughout the healthcare supply chain. This communication is for informational purposes only and it is neither an ICS is a leader in innovative Walgreens Boots Alliance is the largest shareholder of AmerisourceBergen with a stake of nearly 30 percent, and Ornella Barra, Co-Chief Operating Officer, Walgreens Boots Alliance, is a Board Member of AmerisourceBergen. Global manufacturers depend on us for services that drive commercial success for their products. Under the terms and conditions of the merger agreement, reinforcing our commitment to provide an unmatched customer experience by improving September 06, 2011 07:30 AM Eastern Daylight Time. You must click the activation link in order to complete your subscription. Healthcare Conference in San Francisco on January 13, 2015. pharmaceutical and biotech manufacturers improve patient access to products and pharmaceuticals, biosimilars and innovative therapies such as cell and gene The parties expect the transaction to close during AmerisourceBergen has acquired in 9 different US states, and 2 countries. AmerisourceBergen provides pharmaceutical products, value-driving services and business solutions 2. premium logistics to reimbursement and pharmaceutical consulting services, philosophy, combined with MWIs expertise in veterinary and agricultural The tender offer for the outstanding common stock of MWI has not yet commenced. Good Neighbor Pharmacy is an American retailers' cooperative network of more than 3,400 independently owned and operated pharmacies. "will," and similar expressions) should also be considered to be based on current expectations. Overall. The acquisition of Alliance Healthcare strongly drove AmerisourceBergen's international segment revenues in fiscal 2022. expressly disclaim any intent or obligation to publicly update any AmerisourceBergen was founded in 2001 and is based in Conshohocken, Pennsylvania. Supplemental Information Regarding AmerisourceBergens Non-GAAP Financial Measures. AmerisourceBergen has acquired in 10 different US states, and 2 countries. AmerisourceBergen, with a market capitalization of $31.2 billion, is one of the world's largest pharmaceutical services companies, focused on providing drug distribution and related services to . as financial advisor, and Dechert LLP provided legal advice to MWI. I have been very impressed with the AmerisourceBergen Such forward-looking statements may include, without limitation, statements about the Alliance Healthcare acquisition, the benefits of the Alliance Healthcare acquisition, future opportunities for AmerisourceBergen and any other statements regarding AmerisourceBergens future operations, financial or operating results, anticipated business levels, future earnings, planned activities, anticipated growth, market opportunities, strategies, competitions, and other expectations and targets for future periods. A total of 6 acquisitions came from private equity firms.It has also divested 3 assets.. AmerisourceBergen's largest acquisition to date was in 2001, when it acquired Bergen Brunswig for $4.1B. pharmaceutical supply channel. The transaction is expected to close by March 2023 and is subject to the satisfaction of customary closing conditions, including receipt of required regulatory approvals. today announced that they have entered into a definitive merger agreement for With more than 40,000 active accounts, we service 100 percent of U.S. hospitals, as well as specialty pharmacies, hemophilia centers, home healthcare companies and retail pharmacies. manufacturers to store products awaiting FDA approval in a duty-free We are focusing our efforts on initiatives that revolve around education, empowerment and inclusivity and sustainability. WBA is included in FORTUNEs 2020 list of the Worlds Most Admired Companies. This supplemental measure may vary from, and may not be comparable to, similarly titled measures by other companies. 1 West First Avenue, AmerisourceBergen operates its pharmaceutical distribution business under four primary units: AmerisourceBergen Drug Corporation (ABDC), AmerisourceBergen Specialty Group (ABSG), AmerisourceBergen Consulting Services (ABCS) and World Courier. the possibility that various conditions to the consummation of the tender offer The transaction will fuel higher future investments to grow and transform our core retail pharmacy and healthcare businesses, and is EPS accretive long-term for Walgreens Boots Alliance., AmerisourceBergens vital role in the health system as a key pillar of pharmaceutical innovation and access has been on full display over the past year, said Steven Collis, Chairman, President & Chief Executive Officer of AmerisourceBergen. 19428 Our 42,000 global team members power our purpose: We are united in our responsibility to create healthier futures. Visually, we carry the AmerisourceBergen name in our logo, and so naturally this will . Includes $5M of intersegment eliminations. Fully committed financing for the transaction has been provided by JPMorgan Chase Bank, N.A. 1. Investor Relations, AmerisourceBergen, 1300 Morris Drive, Chesterbrook, PA Harris Williams & Co. Corporate Finance Advisors GmbH is serving as financial advisor, and emnay Rechtsanwaltskanzlei and Noerr Partnerschaftsgesellschaft mbB are serving as legal advisors to PharmaLex. About ICS The average AmerisourceBergen hourly pay ranges from approximately $19 per hour for a Warehouse Worker to $85 per hour for a Manager. Winnebago Industries Inc WGO: WINNEBAGO INDUSTRIES COMPLETES ACQUISITION OF LITHIONICS BATTERY. TPG has agreed to acquire a majority interest in OneOncology, and AmerisourceBergen will acquire a minority interest in the company. BofA Merrill Lynch acted as financial advisor, and Cravath, Swaine We market these products to our customers in both the that improve access to care. [32][33] AmerisourceBergen's stock price reportedly plummeted after they were among other drug distributors who offered $10 billion to settle their portion of the national opioids lawsuit. They also distribute a line of brand name and generic pharmaceuticals, over-the-counter (OTC) health care products and home health care supplies . tendering at least a majority of outstanding shares in the tender offer, In our second annual DEI Report, we share our baseline metrics, year-over-year progress, key initiatives, and plans for the months ahead to provide a clearer view of our DEI activity. A total of 7 acquisitions came from private equity firms. AmerisourceBergen management believes that this non-GAAP financial measure is useful to investors because it eliminates the per share impact of the items that are outside the control of AmerisourceBergen or that are not considered to be indicative of ongoing operating performance due to their inherent unusual, non-operating, unpredictable, non-recurring, or non-cash nature. AmerisourceBergen, TPG pick up OneOncology in $2.1B deal MWI operates and in AmerisourceBergen's future operating results relating to We are proud of what our employees say about us. The live call will also be webcast via the Companys website at investor.amerisourcebergen.com. AmerisourceBergen, MWI and the proposed transaction, which describe or are Furthermore, Alliance Healthcare UK will remain the distribution partner of Boots until 2031. VALLEY FORGE, Pa. & DEERFIELD, Ill., Jan. 6, 2021 AmerisourceBergen Corporation (NYSE: ABC) and Walgreens Boots Alliance, Inc. (Nasdaq: WBA) today announced strategic agreements under which AmerisourceBergen will acquire the majority of Walgreens Boots Alliances Alliance Healthcare businesses for approximately $6.5 billion, comprised of $6.275 billion in cash and 2 million shares of AmerisourceBergen common stock. AmerisourceBergen World Courier opens new distribution center in Australia The Health Economics, Market Access & Regulatory Consulting, Patient Access, Affordability & Adherence Services, Global Storage, Transport & Outsourced Logistics. other cautionary statements in each parties respective 2014 Annual Report on US drug wholesaler AmerisourceBergen has agreed to buy Alliance Healthcare, a distributor owned by Walgreens Boots Alliance, for about $6.5 billion (5.3 billion . management system, equipment procurement consultation and special order With the continuous evolution of our industry, we too push 350,000 square-foot distribution center will feature advanced operations tools The access code for the replay is 10151119. June 02, 2021 07:00 AM Eastern Daylight Time. business goals, delivering tailored healthcare logistics solutions that AmerisourceBergen Corporation - AmerisourceBergen to Expand Global AmerisourceBergen expects to finance the transaction through a combination of We deliver distribution, technology and innovation for veterinarians, livestock producers and manufacturers to make a meaningful difference in their businesses and the health of animals. access, enhancing efficiency and driving innovation in the delivery of AmerisourceBergen to Acquire Xcenda LLC for $25M. AmerisourceBergen is committed to building on our leadership in specialty services through a continued focus on innovation and partnerships, and by acquiring PharmaLex, we will be able to further enhance our value proposition to pharmaceutical manufacturers, from emerging biotechs to global biopharmaceutical leaders. Global manufacturers depend on us for services Among the factors that could cause actual results to differ materially from those projected, anticipated, or implied are the following: unfavorable trends in brand and generic pharmaceutical pricing, including in rate or frequency of price inflation or deflation; competition and industry consolidation of both customers and suppliers resulting in increasing pressure to reduce prices for our products and services; changes in the United States healthcare and regulatory environment, including changes that could impact prescription drug reimbursement under Medicare and Medicaid; increasing governmental regulations regarding the pharmaceutical supply channel; declining reimbursement rates for pharmaceuticals; continued federal and state government enforcement initiatives to detect and prevent suspicious orders of controlled substances and the diversion of controlled substances; continued prosecution or suit by federal, state and other governmental entities of alleged violations of laws and regulations regarding controlled substances, including due to failure to achieve a global resolution of the multi-district opioid litigation and other related state court litigation, and any related disputes, including shareholder derivative lawsuits; increased federal scrutiny and litigation, including qui tam litigation, for alleged violations of laws and regulations governing the marketing, sale, purchase and/or dispensing of pharmaceutical products or services, and associated reserves and costs; failure to comply with the Corporate Integrity Agreement; material adverse resolution of pending legal proceedings; the retention of key customer or supplier relationships under less favorable economics or the adverse resolution of any contract or other dispute with customers or suppliers; changes to customer or supplier payment terms, including as a result of the COVID-19 impact on such payment terms; the integration of the Alliance Healthcare businesses into the Company being more difficult, time consuming or costly than expected; the Companys or Alliance Healthcares failure to achieve expected or targeted future financial and operating performance and results; the effects of disruption from the acquisition and related strategic transactions on the respective businesses of the Company and Alliance Healthcare and the fact that the acquisition and related strategic transactions may make it more difficult to establish or maintain relationships with employees, suppliers and other business partners; the acquisition of businesses, including the Alliance Healthcare businesses and related strategic transactions, that do not perform as expected, or that are difficult to integrate or control, or the inability to capture all of the anticipated synergies related thereto or to capture the anticipated synergies within the expected time period; risks associated with the strategic, long-term relationship between Walgreens Boots Alliance, Inc. and the Company, including with respect to the pharmaceutical distribution agreement and/or the global generic purchasing services arrangement; managing foreign expansion, including non-compliance with the U.S. Foreign Corrupt Practices Act, anti-bribery laws, economic sanctions and import laws and regulations; financial market volatility and disruption; changes in tax laws or legislative initiatives that could adversely affect the Company's tax positions and/or the Company's tax liabilities or adverse resolution of challenges to the Company's tax positions; substantial defaults in payment, material reduction in purchases by or the loss, bankruptcy or insolvency of a major customer, including as a result of COVID-19; the loss, bankruptcy or insolvency of a major supplier, including as a result of COVID-19; financial and other impacts of COVID-19 on our operations or business continuity; changes to the customer or supplier mix; malfunction, failure or breach of sophisticated information systems to operate as designed; risks generally associated with data privacy regulation and the international transfer of personal data; natural disasters or other unexpected events, such as additional pandemics, that affect the Companys operations; the impairment of goodwill or other intangible assets (including any additional impairments with respect to foreign operations), resulting in a charge to earnings; the Company's ability to manage and complete divestitures; the disruption of the Company's cash flow and ability to return value to its stockholders in accordance with its past practices; interest rate and foreign currency exchange rate fluctuations; declining economic conditions in the United States and abroad; and other economic, business, competitive, legal, tax, regulatory and/or operational factors affecting the Company's business generally.
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