Profile: AmerisourceBergen Corp (ABC)
29 Sep 2016
AmerisourceBergen Corporation, incorporated on March 16, 2001, is a pharmaceutical sourcing and distribution services company. The Company operates through two segments: Pharmaceutical Distribution and Other. The Company provides services to healthcare providers, and pharmaceutical and biotech manufacturers. The Company provides pharmacy services to certain specialty drug patients. Additionally, the Company offers healthcare providers and pharmaceutical manufacturers with services, including reimbursement and pharmaceutical consulting services, logistics services, inventory management, pharmacy automation and pharmacy management. The Company also provides data and other services to its manufacturing customers. The Company has a distribution facility network totaling approximately 30 distribution facilities in the United States. Its services for manufacturers include assistance with product launches, promotional and marketing services to accelerate product sales, product data reporting and logistical support. The Company is a provider of solutions, including the Good Neighbor Pharmacy program, which enables independent community pharmacies; Elevate Provider Network, a managed care network, which connects the retail pharmacy customers to payor plans throughout the country; generic product purchasing and private label services; hospital pharmacy consulting, and packaging solutions for institutional and retail healthcare providers.
Pharmaceutical Distribution Segment
The Pharmaceutical Distribution segment consists of the operations of AmerisourceBergen Drug Corporation (ABDC) and AmerisourceBergen Specialty Group (ABSG). Servicing healthcare providers in the pharmaceutical supply channel, the Pharmaceutical Distribution segment's operations provide drug distribution and related services. ABDC distributes an offering of brand-name and generic pharmaceuticals (including specialty pharmaceutical products), over-the-counter healthcare products, home healthcare supplies and equipment, and related services to various healthcare providers, including acute care hospitals and health systems, independent and chain retail pharmacies, mail order pharmacies, medical clinics, long-term care and other alternate site pharmacies, and other customers. ABDC also provides pharmacy management, staffing and other consulting services, and supply management software to various retail and institutional healthcare providers. Additionally, ABDC delivers packaging solutions to institutional and retail healthcare providers.
ABSG, through a range of operating businesses, provides pharmaceutical distribution and other services to physicians who specialize in various disease states, especially oncology, and to other healthcare providers, including hospitals and dialysis clinics. ABSG also distributes plasma and other blood products, injectable pharmaceuticals, vaccines, and other specialty products. Additionally, ABSG provides third-party logistics and outcomes research, and other services for biotechnology and other pharmaceutical manufacturers.
The Other segment consists of the operations of AmerisourceBergen Consulting Services (ABCS), the World Courier Group, Inc. (World Courier) and the MWI Veterinary Supply, Inc. (MWI). ABCS, through a range of operating businesses, provides commercialization support services, including reimbursement support programs, outcomes research, contract field staffing, patient assistance and co-pay assistance programs, adherence programs, risk mitigation services, and other market access programs to pharmaceutical and biotechnology manufacturers. World Courier, which operates in over 50 countries, is a global specialty transportation and logistics provider for the biopharmaceutical industry. MWI is an animal health distribution company in the United States and in the United Kingdom. MWI sells pharmaceuticals, vaccines, parasiticides, diagnostics, micro feed ingredients and various other products to customers in both the companion animal and production animal markets.
The Company competes with McKesson Corporation, Cardinal Health, Inc., FFF Enterprises, Henry Schein, Inc. and UPS Logistics.
1300 Morris Dr
CHESTERBROOK PA 19087-5594
Company Web Links
- BRIEF-Amerisourcebergen corp president, CEO, steven collis, adopted 10b5-1 stock trading plan
- Special Report - 'Botox Police': FDA crime unit draws fire over import crackdown
- BRIEF-Walgreens exercises second tranche of warrants to purchase AmerisourceBergen shares
- Walgreens U.S. retail sales rise less than expected |
- UPDATE 4-Walgreens U.S. retail sales rise less than expected