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12.Amerisource Bergen

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AmerisourceBergen Corporation

AmerisourceBergen Corporation is an American drug wholesale company that was formed by the merger of Bergen Brunswig and AmeriSource in 2001. They provide drug distribution and related services designed to reduce costs and improve patient outcomes, distribute a line of brand name and generic pharmaceuticals, over-the-counter (OTC) health care products and home health care supplies and equipment to a wide variety of health care providers located throughout the United States, including acute care hospitals and health systems, independent and chain retail pharmacies, mail-order facilities, physicians, clinics and other alternate site facilities, as well as skilled nursing and assisted living centers. They also provide pharmaceuticals and pharmacy services to long-term care, workers' compensation and specialty drug patients.
AmerisourceBergen is a market leader in pharmaceutical distribution handling about 20% of all of the pharmaceuticals sold and distributed throughout the country and ranked 12th on the Fortune 500 list for 2018 with over $153 billion in annual revenue. In terms of revenue (79.49 billion in 2012) the firm is the largest based in Pennsylvania


AmerisourceBergen 
Type
Public
Traded as
NYSE: ABC
S&P 500 Component
Industry
Pharmaceutical
Founded
Merger between AmeriSource Health and Bergen Brunswig in 2001
Headquarters
Chesterbrook, Pennsylvania, U.S.
Area served
North America
United Kingdom
Key people
Richard C. Gozon
(Chairman)
Steven H. Collis
(President), (CEO) & (Director)
Products
Pharmaceuticals and pharmacy services
Revenue
US$153.14 billion (2017)
Operating income
US$386 million (2015)
Net income
US$-134 million (2015)
Total assets
US$27.73 billion (2015)
Total equity
US$633 million (2015)
Number of employees
20,000 
Website
AmerisourceBergen.com

History
Image result for AmerisourceBergen

AmerisourceBergen was formed in 2001 following the merger of AmeriSource Health Corporation and Bergen Brunswig Corporation.
 AmeriSource and Bergen were both successful pharmaceutical distributors that served similar markets but covered somewhat different geographies. Bringing the two together gave the company a strong national presence that was geared especially towards serving independent community pharmacies, regional retail chain pharmacies, hospitals, physician offices, clinics and other alternate care facilities.
AmerisourceBergen has 26 pharmaceutical distribution centers in the US, nine distribution centers in Canada, four specialty distribution centers in the US, and over 1 million square feet of packaging production capacity in the US and the UK. With the addition of World Courier, the largest specialty courier company in the world, over 150 company-owned offices around the globe were added to the company.
AmerisourceBergen is among several distributors that have been sued by West Virginian governments for contributing to the Opioid epidemic, by shipping inordinate amounts of pain medication into the state.

On January 3, 2018, AmerisourceBergen acquired H. D. Smith, the largest privately-held national pharmaceutical wholesaler in the U.S.
On February 12, 2018, it was reported that Walgreens Boots Alliance was considering an acquisition of the company.

Finances
For the fiscal year 2017, AmerisourceBergen reported earnings of US$364 million, with an annual revenue of US$153.144 billion, an increase of 4.3% over the previous fiscal cycle. AmerisourceBergen's shares traded at over $84 per share, and its market capitalization was valued at over US$18.9 billion in October 2018.

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Year
Revenue
in mil. USD$
Net income
in mil. USD$
Total Assets
in mil. USD$
Price per Share
in USD$
Employees
2005
54,577
265
11,381
14.19
2006
60,812
468
12,784
18.46
2007
65,672
469
12,310
20.52
2008
70,190
251
12,218
16.87
2009
71,760
503
13,573
17.36
2010
77,776
637
14,435
26.66
2011
78,696
707
14,983
34.55
2012
78,081
719
15,442
35.15
2013
87,959
434
18,919
52.44
13,000
2014
119,569
274
21,532
69.98
14,000
2015
135,962
−138
27,963
98.73
17,500
2016
146,850
1,428
33,638
80.03
19,000
2017
153,144
364
35,316
84.25
20,000

Corporate Structure

AmerisourceBergen operates its pharmaceutical distribution business under four primary units: AmerisourceBergen Drug Corporation (ABDC), AmerisourceBergen Specialty Group (ABSG), AmerisourceBergen Consulting Services (ABCS) and World Courier. In March 2016 Walgreens Boots Alliance Inc. announced it would exercise an option to purchase 22.7 million shares of AmerisourceBergen stock and thereby control 15% of the company.

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