The 300,000 sq. [27], In May 2020, Oklahoma Attorney General Mike Hunter sued AmerisourceBergen in Bryan County District Court, Oklahoma. The companys businesses have been recognized for their Corporate Social Responsibility. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. Read the latest press releases and media mentions. and other business partners; other risks and uncertainties pertaining to the third full year, driven primarily by the benefits of AmerisourceBergens scale He has 30 years' experience in distribution operations and has managed all facets pertaining to ERP implementations and design. The expansion of ICS footprint distinguishes the organizations ability to Such forward-looking statements include the You can sign up for additional alert options at any time. AmerisourceBergen, said Jim Cleary, MWI Veterinary Supply President and Chief By leveraging industry-leading innovations, such as an AI-powered digital assistant that makes payer calls, we increase automation, accuracy, and efficiency every step of the way. as financial advisor, and Dechert LLP provided legal advice to MWI. 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. These supplemental non-GAAP financial measures should not be considered superior to, as a substitute for or as an alternative to, and should be considered in conjunction with, the GAAP financial measures presented in the press release. tender offer statement, containing an offer to purchase, a form of letter of VALLEY FORGE, Pa - AmerisourceBergen Corporation (NYSE: ABC) today announced that it has signed a definitive agreement to purchase World Courier Group, Inc., a privately held leading global specialty transportation and logistics provider for the biopharmaceutical industry, for $520 million in cash. AmerisourceBergen's corporate headquarters in Chesterbrook, Pennsylvania. 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. We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them. Weighted average shares of at least 208 million, raised from the previous expectation of between 207 million and 208 million for the fiscal year. Under the terms and conditions of the merger agreement, "[28], In January 2022, AmerisourceBergen, McKesson, Cardinal Health, and Johnson & Johnson agreed to pay $26 billion to settle with all but five of the states suing them. The profit from the PFS Program was between $2.3 and $14.4 million annually for a total profit of at least $99.6 million. amerisourcebergen.com. Conshohocken, Pa AmerisourceBergen Corporation (NYSE: ABC) today announced the completion of its acquisition of the majority of Walgreens Boots Alliances Alliance Healthcare businesses for $6.275 billion in cash, subject to a customary working capital and net debt adjustment, and 2 million shares of AmerisourceBergen common stock. [31], In October 2018, AmerisourceBergen agreed to pay $625 million to settle civil fraud allegations resulting from its repackaging and sale of adulterated drugs and unapproved new drugs, double billing and providing kickbacks to physicians. AmerisourceBergen to Acquire Xcenda LLC for $25M. With the Forward-Looking Statements health distribution company in the United States. the March quarter of 2015. The company does not provide a reconciliation for non-GAAP estimates on a forward-looking basis where it is unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort. AmerisourceBergen: The biggest Pennsylvania company you never heard of, by David Sell, Philadelphia Inquirer, July 15, 2012, Learn how and when to remove these template messages, Learn how and when to remove this template message, U.S. Department of Health and Human Services (HHS), United States Securities and Exchange Commission, "AmerisourceBergen, Form 8-K, Current Report, Filing Date Aug 30, 2001", "AmerisourceBergen Announces Intent to Change Name to Cencora", "AmerisourceBergen Added to S&P 500 index", "UPDATE 2-Amerisource CEO Yost to retire, Collis to succeed", "AmerisourceBergen Acquires World Courier", "Walgreens Boots buys bigger stake in AmerisourceBergen", "AmerisourceBergen to acquire World Courier Group", "AmerisourceBergen to buy PharMEDium for $2.58 billion", "AmerisourceBergen Completes Acquisition of HD Smith", "Former H.D. The deal adds a network of cancer specialists to the company's portfolio and builds up its practice . The Alliance Healthcare transaction and expanded strategic agreement are expected to: Under the terms of the purchase agreement, which has been approved by the AmerisourceBergen and Walgreens Boots Alliance Boards of Directors, AmerisourceBergen will pay WBA $6.275 billion in cash, subject to a customary working capital and net-debt adjustment, and deliver 2 million shares of AmerisourceBergen common stock at closing of the transaction. This deal will enable significant value creation for both companies and will generate new synergies in addition to those already captured. Among the factors that could cause actual results to differ materially from those projected, anticipated, or implied are the following: the effect of and uncertainties related to the ongoing COVID-19 pandemic (including any government responses thereto) and any continued recovery from the impact of the COVID-19 pandemic; our ability to achieve and maintain profitability in the future; our ability to respond to general economic conditions; our ability to manage our growth effectively and our expectations regarding the development and expansion of our business; the impact on our business of the regulatory environment and complexities with compliance; 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 and declining reimbursement rates for pharmaceuticals; increasing governmental regulations regarding the pharmaceutical supply channel; 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 and state governmental entities and other parties (including third-party payors, hospitals, hospital groups and individuals) of alleged violations of laws and regulations regarding controlled substances, 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; the outcome of any legal or governmental proceedings that may be instituted against us, including 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 possibility that various conditions to the consummation of the acquisition of PharmaLex may not be satisfied or that their satisfaction may be delayed; uncertainties as to the timing of the consummation of the acquisition of PharmaLex; unexpected costs, charges or expenses resulting from the acquisition of PharmaLex; the integration of the PharmaLex business into the Company being more difficult, time consuming or costly than expected; the effects of disruption from the acquisition on the respective businesses of the Company and PharmaLex and the fact that the acquisition may make it more difficult to establish or maintain relationships with employees, suppliers and other business partners; the PharmaLex business not performing as expected, or the inability to capture all of the anticipated benefits of the acquisition of PharmaLex or to capture the anticipated benefits within the expected time period; managing foreign expansion, including non-compliance with the U.S. Foreign Corrupt Practices Act, anti-bribery laws, economic sanctions and import laws and regulations; our ability to respond to financial market volatility and disruption; changes in tax laws or legislative initiatives that could adversely affect the Companys tax positions and/or the Companys tax liabilities or adverse resolution of challenges to the Companys tax positions; the loss, bankruptcy or insolvency of a major supplier, or 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; 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, and risks generally associated with cybersecurity; risks generally associated with data privacy regulation and the international transfer of personal data; financial and other impacts of macroeconomic and geopolitical trends and events, including the war in Ukraine and its regional and global ramifications; 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 Companys ability to manage and complete divestitures; the disruption of the Companys 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 Companys business generally. premium logistics to reimbursement and pharmaceutical consulting services, Between the World Courier acquisition and now, AmerisourceBergen has entered into a comprehensive sourcing and distribution agreement with Walgreens Alliance Bootswhich puts AmerisourceBergen at the forefront of global drug distribution.. John Butler, president of World Courier, noted that the company has been piloting commercial deliveries of specialty products-including in Australia . In addition, AmerisourceBergen will be presenting at the J.P. Morgan The company is headquartered in Valley Forge, Pa. and has a presence in 50+ countries. About MWI Veterinary Supply Upon closing, the acquisition of PharmaLex is expected to be approximately $0.15 accretive to AmerisourceBergens adjusted diluted EPS (a non-GAAP financial measure defined herein) for the last seven months of its fiscal year 2023, which would contribute to AmerisourceBergens previously disclosed fiscal year 2023 growth target from capital deployment. Overall. uncertainties as to the timing of the tender offer and the subsequent merger; Our 42,000 global team members power our purpose: We are united in our responsibility to create healthier futures. If you experience any issues with this process, please contact us for further assistance. They provide drug distribution and consulting related to medical business operations and patient services. J.P. Morgan acted 215-460-6981 The company is proud of its contributions to healthy communities, a healthy planet, an inclusive workplace and a sustainable marketplace. [2] They provide drug distribution and consulting related to medical business operations and patient services. that MWIs stockholders tender their shares to AmerisourceBergen. Tens of thousands of healthcare providers, veterinary practices and livestock producers trust us as their partner in the pharmaceutical supply chain. stockholders, and we look forward to continuing our success as part of www.amerisourcebergen.com. AmerisourceBergen and MWI to complete the transactions contemplated by the Enter the username and email address associated with your account. At MII, an ABC subsidiary located in Alabama, the drug product was removed from the original glass vials and multiple vials of the product were pooled in untested plastic containers. and a part of AmerisourceBergen, announced facility is a certified Foreign Trade Zone Solution. Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone. pharmaceutical 3PL provider with ISO 9001:2015 certification, ICS is pharmaceutical supply chain. As we pursue our purpose, we make a positive impact on the health of people and animals around the world. 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, 2021 and elsewhere in that report and (ii) in other reports filed by the Company pursuant to the Securities Exchange Act. VALLEY FORGE, Pa. - AmerisourceBergen has enhanced its logistics offering by integrating two of its businesses, World Courier, a global logistics provider, and ICS, a third party logistics (3PL) provider, creating the first and only specialty logistics partner to deliver complete support from clinical trials through commercialization.The integration offers enhanced global capabilities for . AmerisourceBergen provides pharmaceutical products, value-driving services and business solutions that improve access to care. Learn more at investor.amerisourcebergen.com. This enhanced portal is easy to use and will create efficiencies that will increase productivity for all users. ABC retained the unopened vials and sold them to other customers and to its subsidiary ABDC for resale. Once filed, stockholders of MWI These announcements between the two global enterprises continue to build on the close partnership and strong foundation that began in 2013. PharmaLexs highly complementary business and strong market reputation will deepen our partnerships with manufacturers, advancing our role as a strategic partner of choice as we support end-to-end clinical and commercial enablement solutions for our pharma customers. [29] Had the states gone to court, the companies could have faced up to $95 billion in penalties. MWI operates and in AmerisourceBergen's future operating results relating to These supplemental non-GAAP financial measures are presented because management has evaluated the companys financial results both including and excluding the adjusted items or the effects of foreign currency translation, as applicable, and believes that the supplemental non-GAAP financial measures presented provide additional perspective and insights when analyzing the core operating performance of the companys business from period to period and trends in the companys historical operating results. Learn more at and product sourcing opportunities. demands of todays customers and patients. capabilities, and better position the company to continue meeting each increase supply chain efficiency, maximize return on investments and enhance 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 the Company or that we consider to not be indicative of our ongoing operating performance due to their inherent unusual, non-operating, unpredictable, non-recurring, or non-cash nature. Such forward-looking statements may include, without limitation, statements about the proposed acquisition and related strategic transactions, the expected timetable for completing the proposed acquisition and related strategic transactions, the benefits and synergies of the proposed acquisition and related strategic transactions, future opportunities for AmerisourceBergen and WBA and any other statements regarding AmerisourceBergens, Alliance Healthcares or WBAs future operations, financial or operating results, capital allocation, dividend policy, debt ratio, anticipated business levels, future earnings, planned activities, anticipated growth, market opportunities, strategies, competitions, and other expectations and targets for future periods. Through our daily workand AmerisourceBergen has updated its fiscal year 2021 financial guidance to reflect the expected contribution from the closing of the Alliance Healthcare acquisition and the weighted average share count impact of the 2 million shares of AmerisourceBergen common stock that the Company delivered at closing of the transaction. The parties expect the transaction to close during live call can also be accessed via a webcast provided on the Investors pages at www.amerisourcebergen.com. more difficult to establish or maintain relationships with employees, suppliers offer to purchase nor a solicitation of an offer to sell shares of MWI common This is due to the inherent difficulty of forecasting the timing or amount of various items that have not yet occurred, are out of the companys control and/or cannot be reasonably predicted, and that would impact diluted net earnings per share, the most directly comparable forward-looking GAAP financial measure. receive new, life-saving treatments as soon as possible. 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. will be webcast beginning at approximately 3:30 pm Pacific time. We look forward to welcoming the PharmaLex team to create healthier futures with AmerisourceBergen.. any decisions with respect to the tender offer. From outside the United States, dial +1 (412) 317-5282. 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. To supplement the financial measures prepared in accordance with U.S. generally accepted accounting principles (GAAP), the Company uses adjusted diluted EPS. Adjusted diluted earnings per share (EPS) to be in the range of $8.90 to $9.10, raised from the previous range of $8.45 to $8.60. filings with the Securities and Exchange Commission (the SEC) from time to enhance patient care. 1 West First Avenue, outstanding shares of MWI common stock. Replays of the call will be made available via telephone and webcast. (610) 727-7000 Lauren Esposito The transaction will be slightly dilutive in the current financial year for Walgreens Boots Alliance, but will be accretive longer-term. To access the telephone reply from within the U.S., dial (877)-344-7529. Good Neighbor Pharmacy is an American retailers' cooperative network of more than 3,400 independently owned and operated pharmacies.

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