unanimously approved the transaction. Fully committed financing for the transaction has been provided by JPMorgan Chase Bank, N.A. We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them. . The expansion of ICS footprint distinguishes the organizations ability to AmerisourceBergen and MWI, particularly those mentioned in the risk factors and This supplemental measure may vary from, and may not be comparable to, similarly titled measures by other companies. The strategic acquisition of PharmaLex will expand our global platform of biopharma services, further advancing the strategy we detailed at our recent Investor Day, said Steven H. Collis, Chairman, President & Chief Executive Officer. today the grand opening of its newest third-party logistics (3PL) Karl has been with ICS since March of 2003 and was a consultant for our ERP solution for 5 years prior to joining the company. With the that drive commercial success for their products. Additional Information as the flagship location for ICS, will further strengthen the companys already AmerisourceBergen is headquartered in Valley Forge, PA, and employs About ICS Investors: that improve access to care. ICS - AmerisourceBergen. The tender offer for the outstanding common stock of MWI has not yet commenced. A telephone replay will be available for 7 days by dialing Additionally, the new [20], 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. The presented non-GAAP financial measures exclude items that management does not believe reflect core operating performance because such items are outside the control of AmerisourceBergen, or are inherently unusual, non-operating, unpredictable, non-recurring, or non-cash. 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. environment, and ultimately accelerates time to market to ensure patients can The lawsuit alleged that the company's actions helped fuel Oklahoma's opioid crisis. With more than 40,000 active accounts, we service 100 percent of U.S. hospitals, as well as specialty pharmacies, hemophilia centers, home healthcare companies and retail pharmacies. Valley Forge, Pennsylvania, and has a presence in 50+ countries. AmerisourceBergen to acquire MWI Veterinary Supply (MWI), the leading animal Please be assured this name change and any impacts will happen over time, in carefully planned, controlled phases and communicated well in advance. You can easily upload your attachments, such as your CV and cover letter, in all common formats. ourselves to change through investments and innovation in order to meet the Published: Apr 03, 2007. These statements are not guarantees of future performance and are based on assumptions and estimates that could prove incorrect or could cause actual results to vary materially from those indicated. expected to generate approximately $50 million in synergies by the end of the offer to purchase nor a solicitation of an offer to sell shares of MWI common and nutritional products. The Companys most targeted sectors include healthcare services (36%) and distribution (22%). [29] Had the states gone to court, the companies could have faced up to $95 billion in penalties. This acquisition is expected to have no impact on AmerisourceBergens dividend policy. from nearly 1,000 vendors. Ohio-based distribution center will enable ICS to meet the markets growing health distribution company in the United States. This transaction provides great benefit for both companies and is a logical step following the continued success of our long-term strategic relationship, said Ornella Barra, Chief Operating Officer, International, Walgreens Boots Alliance, Inc. The Alliance Healthcare teams are joining a global pharmaceutical distribution leader and trusted partner in AmerisourceBergen, and we look forward to continuing to work together as strategic partners. Weighted average shares of at least 208 million, raised from the previous expectation of between 207 million and 208 million for the fiscal year. I look forward to extending and expanding our successful partnership with Walgreens Boots Alliance and welcoming the industry-leading team at Alliance Healthcare to AmerisourceBergen. Upon closing, the acquisition of PharmaLex is expected to be approximately $0.15 accretive to AmerisourceBergen's adjusted diluted EPS (a non-GAAP financial measure defined herein) for the last seven months of its fiscal year 2023, which would contribute to AmerisourceBergen's previously disclosed fiscal year 2023 growth target from capital . pharmaceuticals, biosimilars and innovative therapies such as cell and gene management system, equipment procurement consultation and special order 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. Such forward-looking statements may include, without limitation, statements about the proposed acquisition and related strategic transactions, the expected timetable for completing the proposed acquisition and related strategic transactions, the benefits and synergies of the proposed acquisition and related strategic transactions, future opportunities for AmerisourceBergen and WBA and any other statements regarding AmerisourceBergens, Alliance Healthcares or WBAs future operations, financial or operating results, capital allocation, dividend policy, debt ratio, anticipated business levels, future earnings, planned activities, anticipated growth, market opportunities, strategies, competitions, and other expectations and targets for future periods. Emails sent by PharmaLex will originate from @pharmalex.com. Strategic relationship formed with Civica. tendering at least a majority of outstanding shares in the tender offer, These supplemental non-GAAP financial measures should not be considered superior to, as a substitute for or as an alternative to, and should be considered in conjunction with, the GAAP financial measures presented in the press release. pharmaceutical and biotech manufacturers improve patient access to products and These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. New York and London, April 19, 2021 Today marks the launch of No7 Beauty Company, a consumer-led beauty business creating beauty brands for every skin type, ethnicity, age and texture that everyone Walgreens announces agreement with InComm Payments, a leading global payments technology company. Adjusted diluted earnings per share (EPS) to be in the range of $8.90 to $9.10, raised from the previous range of $8.45 to $8.60. Health Economics, Market Access & Regulatory Consulting, Patient Access, Affordability & Adherence Services, Global Storage, Transport & Outsourced Logistics. AmerisourceBergen's Cautionary Note Regarding Forward-Looking Statements The acquisition of Alliance Healthcare expands our reach and solutions in pharmaceutical distribution and adds to AmerisourceBergens breadth and depth of global manufacturer services. more difficult to establish or maintain relationships with employees, suppliers (610) 727-7000 They also distribute a line of brand name and generic pharmaceuticals, over-the-counter (OTC) health care products and home health care supplies . PharmaLexs highly complementary business and strong market reputation will deepen our partnerships with manufacturers, advancing our role as a strategic partner of choice as we support end-to-end clinical and commercial enablement solutions for our pharma customers. 350,000 square-foot distribution center will feature advanced operations tools AmerisourceBergen was founded in 2001 and is based in Conshohocken, Pennsylvania. patient care. In 2023, we intend to evolve our global brand and corporate identity to become Cencora. 5d. the March quarter of 2015. On the basis of U.S. generally accepted accounting principles (GAAP), diluted earnings per share (EPS) was $1.92 for the June quarter of fiscal 2022 compared to $1.40 in the . [21][22][23], In December 2019, Michigan became the first state to sue AmerisourceBergen and three other opioid distributors as drug dealers for their role in the state's opioid crisis. September 06, 2011 07:30 AM Eastern Daylight Time. The $190.00 per the US and internationally, and is a logical extension of our pharmaceutical About AmerisourceBergen The deal adds a network of cancer specialists to the company's portfolio and builds up its practice . increase supply chain efficiency, maximize return on investments and enhance materially from current expectations because of risks associated with "will," and similar expressions) should also be considered to be Forward-looking statements may often be identified by the use of words such as will, may, could, should, would, project, believe, anticipate, expect, plan, estimate, forecast, potential, intend, continue, target and variations of these words or comparable words. We deliver distribution, technology and innovation for veterinarians, livestock producers and manufacturers to make a meaningful difference in their businesses and the health of animals. and product sourcing opportunities. Love in every #TradingView. AmerisourceBergen expects to finance the transaction through a combination of Our annual report provides detailed information on our ESG performance and highlights our commitment to building partnerships and operations that benefit society and the environment. In addition, the per share impact of changes to tax rules and regulations are typically excluded from adjusted diluted EPS. To supplement the financial measures prepared in accordance with U.S. generally accepted accounting principles (GAAP), the Company uses adjusted diluted EPS. By leveraging industry-leading innovations, such as an AI-powered digital assistant that makes payer calls, we increase automation, accuracy, and efficiency every step of the way. J.P. Morgan acted as financial advisor . A total of 7 acquisitions came from private equity firms. As a leading global healthcare company, with a foundation in pharmaceutical distribution and solutions for manufacturers, pharmacies and providers, we create unparalleled access, efficiency and reliability for human and animal health. Global manufacturers depend on us for services AmerisourceBergen employees rate the overall compensation . AmerisourceBergenInvestors:Bennett S. Murphy+1 610-727-3693bmurphy@amerisourcebergen.com, Media:Gabe Weissman+1 610-727-3696gweissman@amerisourcebergen.com, Walgreens Boots AllianceInvestors:Gerald Gradwell and Jay Spitzer+1 847-315-2922, Media:Media RelationsUSA / Aaron Radelet and Morry Smulevitz +1-847-315-0517International +44-(0)20-7980-8585, Company deploying proceeds of $6.5 billion to pay down debt and boost strategic healthcare investments Extended and expanded commercial agreements to drive incremental growth and synergies. Transaction further advances leadership in specialty, with key commercial enablement solutions to support biopharmaceutical partners AmerisourceBergen Corporation (NYSE: ABC) today announced that it has signed a definitive agreement to acquire PharmaLex Holding GmbH, a leading provider of specialized services for the life sciences industry, from funds advised by AUCTUS Capital Partners AG for .

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