Hints and tips:
...If found liable in the case filed on Thursday, AmerisourceBergen could face billions of dollars in penalties....
...In February US states finalised a $26bn settlement with Johnson & Johnson and three of the biggest drug distributors in the US — McKesson, Cardinal Health and AmerisourceBergen — to resolve allegations that...
...Over the next 18 years AmerisourceBergen and Cardinal Health will pay $6.4bn each, while McKesson will pay $7.9bn and J&J will pay $5bn....
...The deal will help AmerisourceBergen expand into Europe....
...Walgreens is the largest shareholder in AmerisourceBergen with an almost 30 per cent stake....
...This month WBA struck a deal to sell its distribution business, Alliance Healthcare, for about $6.5bn to AmerisourceBergen, the US drug wholesaler....
...Drug distributor stocks also dropped: Cardinal Health lost 3 per cent to $50.02, McKesson fell 3.1 per cent to $147.56, and AmerisourceBergen was down 1 per cent to $89.64....
...Shares in those six companies (Walgreens, Boots Alliance, CVS Health, Express Scripts, Cardinal Health, McKesson, and AmerisourceBergen) had been depressed last year by the very suggestion that Amazon was...
...Earlier this month, Walgreens was said to be discussing a purchase of AmerisourceBergen, amid big shifts in the pharmacy and drug distribution industry in the US....
...Walgreens Boots Alliance, the global drugstore group, is in talks with AmerisourceBergen about acquiring the pharmaceuticals distributor, in the latest instance of consolidation in the US healthcare sector...
...Shareholders of AmerisourceBergen delivered a strong message to the US’s third-largest drug distributor in March....
...drugstore chains performed thus: • Walgreens Boots Alliance was up 5.5 per cent • CVS was up 6.9 per cent • Rite Aid was up 5.95 per cent Among pharmaceutical wholesalers: • McKesson gained 5 per cent • AmerisourceBergen...
...In December, pharmacy group CVS agreed the $69bn takeover of health insurer Aetna, while Walgreens Boots Alliance, the drugstore group, has held talks with AmerisourceBergen, a leading distributor of medicines...
...(FT) News Round-up US lawmakers call for review of Broadcom bid for Qualcomm (FT) Unilever chief admits Kraft Heinz bid forced compromises (FT) Walgreens and AmerisourceBergen deal talks have cooled...
...There are three dominant wholesalers, AmerisourceBergen, McKesson and Cardinal Health, with a total market value of $77bn. They distribute 90 per cent of the drugs sold in the US....
...Gupte, analyst at Leerink, anticipates that Amazon will take on wholesalers at first, using its significant warehouse capacity and logistics experience to undercut traditional players such as McKesson, AmerisourceBergen...
...It also entered the distribution business in 2013, buying a stake in AmerisourceBergen and signing a decade-long brand and distribution deal with the company....
...Walgreen has tried to build scale both through the acquisition of Alliance Boots and a drug sourcing arrangement with wholesaler AmerisourceBergen (Rite Aid has a similar deal with McKesson)....
...AmerisourceBergen is up nearly half this year. And CVS is up 70 per cent in the last two. Email the Lex team in confidence at lex@ft.com...
...Alliance Boots, the UK pharmacy chain, has forged alliances with Walgreens and AmerisourceBergen of the US over the past two years, putting pressure on Celesio and McKesson to find transatlantic partners...
...If successful, the deal would accelerate transatlantic consolidation of the drugs distribution market after Alliance Boots, the UK pharmacy chain, forged alliances with Walgreens and AmerisourceBergen of...
...In March, Alliance Boots and Walgreens expanded their alliance in a deal to buy more drugs from – and potentially take a stake in – AmerisourceBergen, a US drug wholesaler....
...created one of the world’s biggest pharmaceutical suppliers and accelerated consolidation of the drugs distribution market after Alliance Boots, the UK pharmacy chain, forged alliances with Walgreens and AmerisourceBergen...
...Alliance Boots forged a partnership with Walgreens in the US and has more recently linked up with AmerisourceBergen....
...Ahead of the Celesio transaction, Alliance Boots forged a partnership with Walgreens in the US and has more recently linked up with AmerisourceBergen....
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