Distributor News

AmerisourceBergen changes name to Cencora
The new name represents a unified presence that will continue to fuel the company’s ongoing growth strategy and advance its impact across health care.
Walgreens Boots Alliance sells AmerisourceBergen shares for $1B of proceeds
Walgreens Boots Alliance’s ownership of AmerisourceBergen’s common stock decreased from approximately 20% to 17%.

Prescription drug sales through HDA healthcare distributors remained strong in 2021

Prescription drugs make up the majority (98%) of distributors' sales, split among sales of brand-name drugs (55.3%), branded specialty (33.7%), generic drugs (7.8%), generic specialty (.6%) and biosimilar products (.7%).
Cardinal Health's Outcomes platform chosen by Transaction Data Systems

TDS is adding the Outcomes digital ecosystem to its portfolio of pharmacy solutions.
Cardinal Health posts revenue growth in Q1

Cardinal Health's Q1 revenue was $49.6 billion, an increase of 13% from the prior year period.
McKesson debuts state-of-the-art distribution center in Ohio

The new facility, in Jeffersonville, Ohio will distribute pharmaceutical, over-the-counter and home healthcare products.
EPIC Rx inks exclusive wholesaler agreement with McKesson

McKesson will be the buying group's primary vendor of pharmaceutical products effective Oct. 1, 2022.
McKesson extends pharmaceutical distribution agreement with CVS Health

McKesson will distribute pharmaceuticals to CVS Health's mail order, specialty pharmacies, retail pharmacies and distribution centers through June 2027.
McKesson to acquire Rx Savings Solutions

The acquisition aligns with McKesson’s strategic growth focus by connecting biopharma and payer services to patients, the company said.
Cardinal Health makes pharmaceutical segment organizational changes

Debbie Weitzman, president of pharmaceutical distribution, will become the CEO of Cardinal Health's pharmaceutical segment, succeeding Victor Crawford who will step down.