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US opioid epidemic
AmerisourceBergen slapped with federal lawsuit over opioids crisis
...Drug distributor AmerisourceBergen prioritised “profits over the wellbeing of Americans” by failing to report suspicious orders for painkillers that helped fuel an opioids epidemic across the US, federal...
December 29, 2022
Special ReportAccelerating Business
Legal tech teams turn to AI to advance business goals
...Icertis The contract management software company is working with customers, including pharmaceutical company Johnson & Johnson, drug distributor AmerisourceBergen, and Boston Consulting Group, as part of...
October 19, 2023
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
US opioid epidemic
US pharmacy groups CVS and Walgreens agree $10bn opioid settlements
...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...
November 2, 2022
US opioid epidemic
US to boost medication access to tackle opioid overdose crisis
...States and local government areas are also starting to receive some of the $26bn in funds extracted in settlements with Johnson & Johnson, Cardinal Health, McKesson and AmerisourceBergen for their role in...
November 8, 2022
LexHealthcare
Walgreens: without a sale of Boots, US group needs a health check Premium content
...Walgreens could always try to sell its 25 per cent stake in drug wholesaler AmerisourceBergen, which is worth about $7.5bn....
July 1, 2022
News updates from November 24: Scholz to become German chancellor, US weekly jobless claims hit lowest level since 1969, Jamie Dimon ‘regrets’ China comments
US jury finds 3 large pharmacy chains liable for opioid epidemic
...In July, US states agreed 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 the...
November 23, 2021
FT Live
Global Pharma and Biotech Summit
Driving life sciences innovation in a disrupted world
Tuesday, 5 NovemberIn-Person & Online Conference
Walgreens Boots Alliance Inc
Walgreens Boots Alliance lifts forecast on strong sales
...The group has already sold its distribution business to AmerisourceBergen and taken majority stakes in primary care provider VillageMD and speciality pharmacy group Shields....
January 6, 2022
US opioid epidemic
Federal jury finds US pharmacy chains liable for opioid epidemic
...In July, US states agreed 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 the...
November 23, 2021
US opioid epidemic
US states near $26bn opioid settlement with J&J, drug distributors
...US states are nearing a $26bn settlement with three drug distributors and drugmaker Johnson & Johnson to resolve claims that they helped fuel the deadly opioid crisis in the US....
July 20, 2021
US opioid epidemic
States unveil $26bn settlement to resolve opioid lawsuits
...Several states including New York and Pennsylvania on Wednesday announced the agreement with the country’s three largest drug distributors — McKesson, Cardinal Health and AmerisourceBergen — as well as Johnson...
July 21, 2021
News in-depthCoronavirus
‘Too close for comfort’: demand for antibodies surges among unjabbed
...Last month the federal government took control of the distribution of its stockpile of antibody treatments from AmerisourceBergen over concerns about unfair allocation of doses....
October 2, 2021
AmerisourceBergen Corp
AmerisourceBergen agrees $6.5bn deal for Alliance Healthcare
...US drug wholesaler AmerisourceBergen has agreed to buy the distribution business of Walgreens Boots Alliance for about $6.5bn as it pushes further into Europe....
January 6, 2021
Legal services
Top in-house lawyers redefine their role as strategic thinkers
...After 19 years with AmerisourceBergen, a US drug wholesaler, he says one of his biggest achievements is its relationship with Walgreens Boots Alliance, the global pharmacy and healthcare company....
June 17, 2021
FirstFT
FirstFT: Wall Street banks redirect China IPOs to Hong Kong after Didi shock
...The agreement was struck with the country’s three largest drug distributors — McKesson, Cardinal Health and AmerisourceBergen — as well as Johnson & Johnson, the world’s largest healthcare company. 3....
July 22, 2021
LexWalgreen Co
US healthcare M&A: strategies encapsulated Premium content
...Walgreens is selling its pharmaceutical wholesale business to AmerisourceBergen for $6.5bn. The division buys drugs from manufacturers and then distributes them to customers like drugstore chains....
January 6, 2021
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
Walgreens Boots Alliance Inc
Walgreens Boots Alliance recruits new chief from Starbucks
...This month WBA struck a deal to sell its distribution business, Alliance Healthcare, for about $6.5bn to AmerisourceBergen, the US drug wholesaler....
January 27, 2021
City Bulletin
City Bulletin: Sainsbury’s boosted by online trading Premium content
...Beyond the Square Mile US drug wholesaler AmerisourceBergen has agreed to buy the distribution business of Walgreens Boots Alliance for about $6.5bn as it pushes further into Europe....
January 7, 2021
US opioid epidemic
US opioid trial to go ahead after settlement talks fail
...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....
October 18, 2019
US opioid epidemic
Drug companies head off opioid trial with $260m settlement
...Distributors Cardinal Health, McKesson, and AmerisourceBergen, as well as Teva, agreed a settlement worth $260m with two Ohio counties, according to people familiar with the matter....
October 21, 2019
Walgreens Boots Alliance Inc
Walgreens Boots Alliance explores $70bn buyout
...The group also owns Alliance Healthcare, a wholesale distributor, delivering to hundreds of thousands of pharmacies, doctors and hospitals, and a stake in AmerisourceBergen, the US drug wholesaler....
November 5, 2019
US opioid epidemic
Drug companies and US states propose $48bn opioid settlement
...Distributors McKesson, Cardinal Health and AmerisourceBergen have pledged $18bn, paid over 18 years....
October 21, 2019
Due Diligence
The Cable Cowboy gets back in the saddle Premium content
...eyes Walgreens' drug distribution business (Reuters) Top US pension plans eye private credit (FT) Hottest Silicon Valley start-ups begin to sell themselves at a discount (FT) Opposition rises to exit...
May 5, 2020
LexPrivate equity
Walgreens Boots Alliance: giving it welly Premium content
...Offloading a 27 per cent stake in drug wholesaler AmerisourceBergen could bring in $5bn....
November 6, 2019
Pharmaceuticals sector
AmerisourceBergen, Walgreens fall after deal talks reportedly end
...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....
February 27, 2018
The FT ViewFinancial & markets regulation
Amazon’s unparalleled power over markets
...That sum was the loss in market value at the biggest players in US drug distribution and retailing, after Amazon announced on Thursday that it would spend that billion to buy online pharmacist PillPack....
June 29, 2018

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