BNET Industries
AmerisourceBergen Corp. (ABC) is in the Pharma Industry
- Revenue
- Sep 30 2007
- $66.0B
- Profit
- Sep 30 2007
- $469.1M
- Market Cap
- May 14 2008
- $6.6B
Latest News and Analysis
AmerisourceBergen Quarterly Net Up
CHICAGO (Reuters) - AmerisourceBergen Corp ABC reported a higher quarterly net profit on Wednesday and said it has terminated the sale process for PMSI, its workers' compensation business, because bids were not high enough. Because of the weak performance of PMSI, general slowing...
Additional Resources
AmerisourceBergen Reports Record Revenue and Record Diluted Earnings Per Share of $0.82 for the March Quarter
Company Terminates PMSI Sale Process VALLEY FORGE, Pa. -- AmerisourceBergen Corporation (NYSE:ABC) today reported that in its fiscal year 2008 second quarter ended March 31, 2008, diluted earnings per share were a record $0.82, up 21 percent, and total revenue increased 8 percent to $17.8 billion, also a...
Fitch Affirms AmerisourceBergen's Ratings at 'BBB'; Outlook Stable
CHICAGO -- Fitch Ratings has affirmed the following ratings for AmerisourceBergen ABC: --Issuer default rating IDR at 'BBB'; --Senior unsecured credit facility at 'BBB'; --Senior unsecured debt at 'BBB'. The ratings apply to approximately $1.25 billion of debt. The Rating Outlook is...
AmerisourceBergen Announces Date and Time for Fiscal Second Quarter Earnings Release
VALLEY FORGE, Pa. -- AmerisourceBergen Corporation (NYSE:ABC) today announced that it plans to release its results for the Second Quarter of Fiscal Year 2008 on Wednesday, April 23, 2008 prior to the opening of trading on the New York Stock Exchange. The Company will host a conference call to discuss...
Cast Iron Systems Announces Record First Quarter 2008 Results
CastIron Systems , the fastest growing SaaS integration vendor, todayannounced that its first fiscal quarter, which ended on February 29, wasthe largest in the company's history. Last year, Cast Iron doubled itsbusiness, with demand for SaaS application integration using the company's integration appliances reaching its tippingpoint. This momentum continues...
American Health Packaging Announces a Recall of Approximately 1,400 Units of Heparin Sodium Vial Products as Part of Broader Baxter Recall
Units for Pharmacy Automated Equipment Part of Broader Recall VALLEY FORGE, Pa. -- American Health Packaging AHP, a subsidiary of AmerisourceBergen Corporation (NYSE:ABC), today announced a voluntary recall of 1,421 units (25 vials per unit) of 10000 USP units/ml heparin sodium injection 1ml vials as part of the...
Independent success: Steve Burns, Kinray
[ILLUSTRATION OMITTED] With all the consolidation that has swept the wholesale drug industry over the past decade, it might be easy for the casual observer to think the drug distribution business has essentially condensed into a battle for supremacy among the "Big Three"--McKesson, AmerisourceBergen and Cardinal Health. But...
ECRM retailer attendees
99 cents Only Stores: Susan FordA & P: Hilda PonceAAFES: Tim CalkinsAdcamp Associates: Mike LeboAmazon.com: Jeff Fernandez and Suzanne HooleAmerisourceBergen Corp.: Kathy Passaretti, Marybeth Scott and Steve TkaczAssociated Food Stores: Tammy Marlowe and Scott MartinAssociated Pharmacies: Mark Metzger, and Robert MahoneyAssociated Wholesalers: Michael Graves...
AmerisourceBergen Re-Elects Three Board Members at Annual Meeting of Stockholders
Rodney H. Brady Retires from the Board of Directors PHILADELPHIA -- At the AmerisourceBergen Corporation (NYSE:ABC) annual meeting of stockholders, held today in Philadelphia, Company stockholders re-elected three directors: Charles H. Cotros, Jane E. Henney, M.D., and R. David Yost. Stockholders also ratified the appointment of Ernst &...
Teamsters Warn of Possible Work Stoppages, Service Disruptions at AmerisourceBergen
To: NATIONAL EDITORS Contact: Galen Munroe of International Brotherhood of Teamsters,+1-202-439-7427, gmunroe@teamster.org Union Health Plans Move Closer to Cutting AmerisourceBergen-Brand Pharmacies As Companys Labor Rights Violations Escalate WASHINGTON, Feb. 28 /PRNewswire-USNewswire/ -- AmerisourceBergen(NYSE: ABC)warehouse workers from across the country rallied withhundreds of their fellow Teamsters outside ABCs annual shareholdersmeeting...
PharMerica Reports Results for Fourth Quarter and Year-End 2007
LOUISVILLE, Ky. -- PharMerica Corporation (NYSE: PMC), the second largest institutional pharmacy services company in the United States, today reported the results of its fourth quarter and year ended December 31, 2007. PharMerica began trading on the New York Stock Exchange under the symbol "PMC" on August 1,...
AmerisourceBergen Approves Quarterly Dividend
VALLEY FORGE, Pa. -- The Board of Directors of AmerisourceBergen Corporation (NYSE:ABC) today declared a cash dividend of $0.075 per share on Common Stock, payable March 3, 2008 to shareholders of record at the close of business on February 18, 2008. About AmerisourceBergen AmerisourceBergen is one...
Federal Labor Law Violations Provoke Teamster Strike at AmerisourceBergen Northwest Distribution Hub
To: TRANSPORTATION EDITORS Contact: Galen Munroe of Teamsters, +1-202-624-6911,GMunroe@teamster.org SEATTLE, Jan. 28 /PRNewswire-USNewswire/ -- Members of theTeamsters walked off the job Sunday afternoon to protest workersrights violations at AmerisourceBergens ABC Northwest distributionhub. The members of Teamsters Local 117 work for the companyspharmaceutical distribution segment, which supplies hospitals,healthcare providers, pharmacies,...
AmerisourceBergen Reports Diluted Earnings Per Share of $0.66 for the December Quarter and Raises Operating Revenue Growth Expectations for Fiscal Year 2008
Company Pursues Sale of PMSI, Its Workers' Compensation Business VALLEY FORGE, Pa. -- AmerisourceBergen Corporation (NYSE:ABC) today reported that in its fiscal year 2008 first quarter, ended December 31, 2007, diluted earnings per share were $0.66, which was positively impacted by $0.04 from a $10 million litigation settlement...
AmerisourceBergen Implements New SEC Rule for Internet Posting of Proxy Materials
Company Provides Details on 2008 Annual Meeting of Stockholders VALLEY FORGE, Pa. -- AmerisourceBergen (NYSE:ABC) today began mailing its "Notice of Internet Availability of Proxy Materials" for its 2008 Annual Meeting of Stockholders under the new Notice and Access rule of the U.S. Securities and Exchange Commission SEC....
Hospitals, Healthcare Providers Will Save with New Premier Agreement for Medication Assistance Services
CHARLOTTE, N.C. -- Premier Purchasing Partners, LP, today announced a new pharmacy agreement for medication assistance indigent drug recovery has been awarded to Pharmacy Healthcare Solutions PHS of Addison, Texas, an AmerisourceBergen company. The contract offers member pharmacies help in filing manufacturer claims for pharmaceuticals dispensed to uninsured...
AmerisourceBergen Announces Date and Time for Fiscal First Quarter Earnings Release
VALLEY FORGE, Pa. -- AmerisourceBergen Corporation (NYSE:ABC) today announced that it plans to release its results for the First Quarter of Fiscal Year 2008 on Thursday, January 24, 2008 prior to the opening of trading on the New York Stock Exchange. The Company will host a conference call to discuss...
AmerisourceBergen Extends Long-Term Relationship with Medco; Reaffirms Fiscal 2008 Earnings Per Share Expectations; and Provides Guidance for December Quarter
VALLEY FORGE, Pa. -- AmerisourceBergen Corporation (NYSE:ABC) today announced that it has signed a letter of intent with Medco Health Solutions, Inc. confirming the selection of AmerisourceBergen as Medco's prime vendor for PBM mail-order wholesaler services, pending the completion of a new five-year contract. AmerisourceBergen's current five-year contract with Medco...
AmerisourceBergen profit falls 28%
AmerisourceBergen Corp. said yesterday that its fourth-quarter profit fell 28 percent after it took a $28 million write-down on vaccine inventory it was unable to sell. The Valley Forge drug distributor said net income for the fiscal fourth quarter ended Sept. 30 was $87.6 million, or 50 cents a share,...
AMERISOURCEBERGEN AWARDED CONTRACT FOR PHARMACEUTICALS
AmerisourceBergen Drug Corp., Chesterbrook, Pa., is being awardeda $1,762,339,290.00 firm fixed price, prime vendor contract forpharmaceuticals.Using services are Army, Navy, Air Force, MarineCorps, and Coast Guard.Contract has a base ordering period of 30months and three term options of 30-months each.The potentialmaximum contract term is 120 months or 10 years.This is...
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- Incorporated: 1988
- CEO: Mr. R. David Yost
AmerisourceBergen is a pharmaceutical services company, with operations in the U.S., Canada and the U.K. Co. services both healthcare providers and pharmaceutical manufacturers in the pharmaceutical supply channel, and provides drug distribution and related services. In addition, Co.'s services include the distribution of branded and generic pharmaceuticals, over-the-counter healthcare products, home healthcare supplies and equipment, and related services; the provision of pharmaceuticals and pharmacy services to workers' compensation and specialty drug patient; and related services such as pharmaceutical packaging, pharmacy automation, supply management software and inventory management.
Key Competitors
AmerisourceBergen Corp. Company Info
Board of Directors
Mr. Richard C. Gozon
Chairman
Mr. R. David Yost
Mr. Michael J. Long
Mr. J. Lawrence Wilson
Mr. Edward E. Hagenlocker
Mr. Henry W. McGee
Mr. Charles H. Cotros
Dr. Jane E. Henney M.D.
Contact Information
1300 Morris Drive
Suite 100
Chesterbrook, PA
http://www.amerisourcebergen.com
610 727-7000