receive new, life-saving treatments as soon as possible. In this press release, we have included adjusted diluted earnings per share (EPS), which represents diluted earnings per share determined in accordance with GAAP adjusted for specific items, including the per share impact of: gains from antitrust litigation settlements; Turkey highly inflationary impact; LIFO expense (credit); acquisition-related intangibles amortization; employee severance, litigation, and other; and the loss on the currency remeasurement related to Swiss tax reform, in each case net of the tax effect calculated using the applicable effective tax rate for those items. Walgreens Boots Alliance is the largest shareholder of AmerisourceBergen with a stake of nearly 30 percent, and Ornella Barra, Co-Chief Operating Officer, Walgreens Boots Alliance, is a Board Member of AmerisourceBergen. These announcements between the two global enterprises continue to build on the close partnership and strong foundation that began in 2013. customers unique set of requirements. offer to purchase nor a solicitation of an offer to sell shares of MWI common AmerisourceBergen has provided non-GAAP fiscal year 2021 guidance that estimates the impact of the Alliance Healthcare acquisition on adjusted diluted EPS and adjusted free cash flow (each as defined below), which excludes significant items that are outside the control of AmerisourceBergen or inherently unusual, non-operating, unpredictable, non-recurring or non-cash in nature. AmerisourceBergen has acquired 15 companies, including 2 in the last 5 years. Including equity method investments, WBA has a presence in more than 25 countries, employs more than 450,000 people and has more than 21,000 stores. positions in both the companion and production markets, and we are very excited Acquisition Advances Role as a Key Pillar of Pharmaceutical Innovation and Access. PharmaLex is a global team of scientific, regulatory, and safety and compliance (GxP) experts that provide strategic guidance and regulatory support to biopharma companies throughout a products lifecycle. as the flagship location for ICS, will further strengthen the companys already With the 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. The dial-in number for the live call will be (844) 808-6694. Ohio-based distribution center will enable ICS to meet the markets growing AmerisourceBergen (ABC) wants pharmaceutical manufacturers to see its broad commercialization portfolio as an integrated, scalable, and customizable suite of services that can boost cost efficiencies, quality and value. 2. Walgreens Boots Alliance will be able to increase its focus on expanding its core retail pharmacy businesses, bringing even greater healthcare . The non-GAAP financial measure should be viewed in addition to, and not in lieu of, financial measures calculated in accordance with GAAP. The expansion of ICS footprint distinguishes the organizations ability to amended from time to time, because they will contain important information and technology, as well as state of the art logistics systems to accommodate Actual results may differ materially from these AmerisourceBergen, through a new wholly-owned subsidiary, will make an all cash Once filed, stockholders of MWI pharmaceutical and biotech manufacturers improve patient access to products and AmerisourceBergen Corporation (ABC), one of the nation's largest wholesale drug companies, and its subsidiaries AmerisourceBergen Specialty Group (ABSG), AmerisourceBergen Drug Corporation (ABDC), Oncology Supply Company (OSC), and Medical Initiatives, Inc. (MII) (collectively, "ABC" or "the Company"), entered into a settlement with the United States in which it agreed to pay $625 . In 2011, the company acquired IntrinsiQ for $35 million and Premier Source for an undisclosed amount. Both sessions least 30 days. The Board of Directors of MWI has Adjusted diluted EPS: For fiscal year 2021, adjusted diluted EPS excludes the per share impact of certain adjustments including gain from antitrust litigation settlements; LIFO expense (credit); acquisition-related intangibles amortization; and employee severance, litigation, and other; in each case net of the tax effect calculated using the applicable effective tax rate for those items. stock. Our 42,000 global team members power our purpose: We are united in our responsibility to create healthier futures. As the first pharmaceutical third-party logistics provider with ISO 9001:2015 Animal health is a growing market in We look forward to welcoming the PharmaLex team to create healthier futures with AmerisourceBergen.. In June 2020, the U.S. Department of Health and Human Services (HHS) announced an unusual agreement for the distribution of remdesivir, the first coronavirus drug. Health Economics, Market Access & Regulatory Consulting, Patient Access, Affordability & Adherence Services, Global Storage, Transport & Outsourced Logistics. ICS Opens New Third-Party Logistics Pharmaceutical Distribution Center As we pursue our purpose, we make a positive impact on the health of people and animals around the world. 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. This communication may contain forward-looking statements concerning a leader in innovative distribution services for pharmaceutical manufacturers About AmerisourceBergen AmerisourceBergens financial and strategic position enable this next evolution of enhancing our ability to provide healthcare capabilities across regions and deliver innovative solutions for our upstream and downstream partners. call can be accessed by dialing 612-234-9960. www.amerisourcebergen.com. AmerisourceBergen is ranked #10 on the Fortune 500 with more than $200 billion in annual revenue. AmerisourceBergen, MWI and the proposed transaction, which describe or are Any statements that are not historical fact (including statements Our commitment to excellence in technology starts with leaders like Karl Erickson. Therefore, the Company believes that the presentation of the non-GAAP financial measure provides useful supplementary information to, and facilitates additional analysis by, investors. 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 . AmerisourceBergen is ranked #28 on the Fortune 500 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. Forward-looking non-GAAP financial measures provided without the most directly comparable GAAP financial measures may vary materially from the corresponding GAAP financial measures. AmerisourceBergens acquisition of Alliance Healthcare will provide even stronger support for pharmacies and pharmacists across the globe and integrated solutions for pharmaceutical manufacturers. stakeholders. He has 30 years' experience in distribution operations and has managed all facets pertaining to ERP implementations and design. Adjusted diluted EPS should be viewed in addition to, and not in lieu of, financial measures calculated in accordance with GAAP. more than $150 billion in annual revenue. health distribution company in the United States. AmerisourceBergen Acquires World Courier therapies. philosophy, combined with MWIs expertise in veterinary and agricultural the supply chain for pharmaceutical products that require special handling. Adjusted diluted EPS may vary from, and may not be comparable to, similarly titled measures by other companies. will be accessible on the Investors pages of our website at AmerisourceBergen's acquisition of Alliance Healthcare will provide even stronger support for pharmacies and pharmacists across the globe and integrated solutions for pharmaceutical manufacturers. The AmerisourceBergen Corp. To Pay $625 Million To Settle Civil Fraud Words such as expect, likely, outlook, forecast, would, could, should, can, project, intend, plan, continue, sustain, synergy, on track, believe, seek, estimate, anticipate, may, possible, assume, variations of such words, and similar expressions are intended to identify such forward-looking statements. Conshohocken, Pennsylvania 350,000 square-foot distribution center will feature advanced operations tools AmerisourceBergen and MWI to complete the transactions contemplated by the AmerisourceBergen, Im confident MWI will continue to lead our industry in [24][25] The lawsuit is filed under the Michigan Drug Dealer Liability Act. Our management team is committed to create a friendly working environment, provide confidence to our customers and support a environmental-friendly company. AmerisourceBergen will serve as Civica, Inc.s exclusive distribution partner and provide supply chain support for Civicas products and a best-in-class customer experience.