AmerisourceBergen Corporation: A Globally Pharmaceutical Company

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The company I'm going to introduce is $AmerisourceBergen(ABC)$.

It went public in 2001.

[Company Profile]

AmerisourceBergen Corporation sources and distributes pharmaceutical products in the United States and internationally.

The company’s Pharmaceutical Distribution segment distributes brand-name and generic pharmaceuticals, over-the-counter healthcare products; pharmacy management; supply management softwareand packaging solutions.

AmerisourceBergen Corporation was incorporated in 2001 and is headquartered in Conshohocken, Pennsylvania.

[History & Events]

2001: The company was formed by the merger of Bergen Brunswig and AmeriSource.The newly merged company adopted the name AmerisourceBergen Corp.

2003: The company acquired Anderson Packaging Inc., Bridge Medical Inc., and U.S. Bioservices Corp.

2011: The company acquired IntrinsiQ for $35 million and Premier Source for an undisclosed amount.

2012: AmerisourceBergen became the leading provider of specialty logistics for the biopharmaceutical industry through the purchase of World Courier.

2015: AmerisourceBergen entered the animal health industry through the acquisition of MWI Veterinary Supply, a leader in product distribution and operational services for the companion and production animal health markets.

2018: AmerisourceBergen acquired H. D. Smith, the largest privately-held national pharmaceutical wholesaler in the U.S.

2020: AmerisourceBergen ranked 10th on the Fortune 500 list for 2020 with over $179 billion in annual revenue.

2021: AmerisourceBergen acquired Alliance Healthcare from Walgreens Boots Alliance for approximately $6.5 billion, made up of $6.275 billion in cash and 2 million shares of AmerisourceBergen common stock.

[Main Business Segments]

Source: TigerTrade

[Net Income & Total Revenue]

Source: TigerTrade

Source: TigerTrade

[Competitors]

$AmerisourceBergen(ABC)$

CWS Group

$Owens & Minor(OMI)$

$Henry Schein(HSIC)$

$Cardinal Health(CAH)$

$McKesson(MCK)$