Last $77.13 USD
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Company Description

Contact Info

1300 Morris Drive

Chesterbrook, PA 19087

United States

Phone: 610-727-7000

Fax:

AmerisourceBergen Corporation operates as a pharmaceutical sourcing and distribution services company, which provides drug distribution and related services. The company also provides pharmacy services to certain specialty drug patients. Additionally, it furnishes healthcare providers and pharmaceutical manufacturers with an assortment of related services, including reimbursement and pharmaceutical consulting services, niche premium logistics services, inventory management, pharmacy automation, and pharmacy management. Strategy The company’s business strategy is focused on the pharmaceutical supply channel where it provides value-added distribution and service solutions to healthcare providers (primarily pharmacies, health systems, medical and dialysis clinics, and physicians) and pharmaceutical manufacturers that increase channel efficiencies and improve patient outcomes. The primary elements of its business strategy are to optimize and improve its pharmaceutical distribution and service businesses, specialty distribution and service businesses, and manufacturer services businesses; and divestitures. Operations As of September 30, 2013, the company’s operations included the Pharmaceutical Distribution segment and Other segment. Pharmaceutical Distribution This segment includes two operating segments, such as the operations of AmerisourceBergen Drug Corporation (ABDC) and AmerisourceBergen Specialty Group (ABSG). ABDC distributes a comprehensive offering of brand-name pharmaceuticals (including specialty pharmaceutical products) and generic pharmaceuticals, 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; scalable automated pharmacy dispensing equipment; and medication and supply dispensing cabinets. Additionally, ABDC delivers packaging solutions to institutional and retail healthcare providers. ABSG, through various operating businesses, provides pharmaceutical distribution and other services primarily to physician practices who specialize in various disease states, especially oncology, and to other healthcare providers, including dialysis clinics. ABSG also distributes plasma and other blood products, injectible pharmaceuticals and vaccines. Additionally, ABSG provides third party logistics and outcomes research, and other services for biotechnology and other pharmaceutical manufacturers. Other This segment includes AmerisourceBergen Consulting Services (ABCS) and World Courier Group, Inc. (World Courier) operating segments. ABCS, through various operating businesses, provides commercialization support services, including reimbursement support programs, outcomes research, contract field staffing, patient assistance and copay assistance programs, adherence programs, risk mitigation services, and other market access programs to pharmaceutical and biotechnology manufacturers. World Courier, which operates in approximately 50 countries, operates as a global specialty transportation and logistics provider for the biopharmaceutical industry. Customers The company has a customer base that includes institutional and retail healthcare providers, as well as pharmaceutical manufacturers. Institutional healthcare providers include acute care hospitals, health systems, mail order pharmacies, long-term care and other alternate care pharmacies and providers of pharmacy services to such facilities, and physicians and physician group practices. Retail healthcare providers include national and regional retail drugstore chains, independent community pharmacies and pharmacy departments of supermarkets and mass merchandisers. Sales and Marketing The company serves its customers through a network of distribution service centers and other operations. ABDC's sales and marketing organization also serves national account customers through close coordination with local distribution centers and ensures that its customers are receiving service offerings that meet their needs. The company’s other operating segments each has independent sales forces and marketing organizations that specialize in their respective product and service offerings. The company’s manufacturing customers include branded, generic and biotechnology manufacturers of prescription pharmaceuticals, as well as over-the-counter product and health and beauty aid manufacturers. In addition, it offers a range of value-added solutions. Its major customer is Express Scripts, Inc. Competition The company’s competitors include McKesson Corporation; Cardinal Health, Inc.; FFF Enterprises; Henry Schein, Inc.; and UPS Logistics. Dispositions In May 2013, the company completed the sale of AndersonBrecon and AmerisourceBergen Canada Corporation. Government Regulation The U.S. Drug Enforcement Administration, the U.S. Food and Drug Administration, and state regulatory authorities have enforcement powers, including the ability to suspend the company’s distribution centers from distributing controlled substances, seize or recall products, and impose criminal, civil, and administrative sanctions. History AmerisourceBergen Corporation was founded in 1985.

 

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