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==Background== AmerisourceBergen was formed in 2001 following the merger of AmeriSource Health Corporation and Bergen Brunswig Corporation.<ref>{{cite web|title=AmerisourceBergen Added to S&P 500 index|url=http://www.amerisourcebergen.com/investor/phoenix.zhtml?c=61181&p=irol-newsArticle&ID=203110|access-date=12 July 2017|archive-url=https://web.archive.org/web/20160322190042/http://amerisourcebergen.com/investor/phoenix.zhtml?c=61181&p=irol-newsArticle&ID=203110|archive-date=March 22, 2016|url-status=dead}}</ref> David Yost was CEO of Amerisource prior to the merger and remained in the position after the companies merged.<ref name=":1">{{Cite news|date=2011-03-14|title=UPDATE 2-Amerisource CEO Yost to retire, Collis to succeed|language=en|work=Reuters|url=https://www.reuters.com/article/amerisourcebergen-idUSN1417590020110314|access-date=2020-07-17}}</ref> 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,<ref>{{Cite web|title=AmerisourceBergen Acquires World Courier|url=https://www.worldcourier.com/news-and-events/press-releases/amerisourcebergen-acquires-world-courier|access-date=2019-08-16|website=World Courier|language=en}}</ref> the largest specialty courier company in the world, over 150 company-owned offices around the globe were added to the company. 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, pharmacy [[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.<ref>{{cite news|url=http://www.dailyherald.com/article/20160318/business/160318688/|agency=Associated Press|access-date=2016-09-25|date=2016-03-18|title=Walgreens Boots buys bigger stake in AmerisourceBergen|first1=George|last1=Leeclaire}}</ref> In 2012, the firm was the largest by revenue based in [[Pennsylvania]].<ref>AmerisourceBergen: The biggest Pennsylvania company you never heard of, by David Sell, Philadelphia Inquirer, July 15, 2012</ref><ref>{{cite news |date=May 28, 2013 |title=Eight area companies make Fortune 500 |newspaper=[[Philadelphia Business Journal]] |url=http://www.bizjournals.com/philadelphia/news/2013/05/08/seven-area-companies-made-fortune-500.html |access-date=June 24, 2013}}</ref> The company changed its name to Cencora as of August 30, 2023 and began trading on the New York Stock Exchange under the new ticker symbol "COR".<ref>{{Cite web |date=2023-08-30 |title=AmerisourceBergen becomes Cencora |url=https://investor.cencora.com/news/news-details/2023/Cencora-Announces-Common-Share-Repurchase-From-Walgreens-Boots-Alliance/default.aspx |access-date=2024-09-23 |language=en}}</ref> In May 2024, Cencora disclosed it had been the subject of a cyber incident in which patient information was exposed.<ref>{{Cite web |last=Whittaker |first=Zack |date=May 24, 2024 |title=US pharma giant Cencora says Americans’ health information stolen in data breach |url=https://techcrunch.com/2024/05/24/cencora-americans-health-data-stolen-breach-cyberattack/ |website=TechCrunch}}</ref> === Products === They provide drug distribution and consulting related to medical business operations and patient services. They also distribute a line of brand name and generic [[pharmaceuticals]], [[Over-the-counter drug|over-the-counter]] (OTC) health care products and home health care supplies and equipment to health care providers 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 nursing and [[assisted living]] centers. They also provide pharmaceuticals and pharmacy services to long-term care, workers' compensation and specialty drug patients. AmerisourceBergen handles about 20% of all of the pharmaceuticals sold and distributed throughout the United States and ranked 10th on the [[Fortune 500]] list for 2020 with over $179 billion in annual revenue.<ref>{{Cite web |title=AmerisourceBergen {{!}} 2020 Fortune 500 |url=https://fortune.com/company/amerisourcebergen/fortune500/ |access-date=2021-01-12 |website=Fortune |language=en}}</ref> ===Good Neighbor Pharmacy=== [[Good Neighbor Pharmacy]] is an American retailers' cooperative network of more than 3,400 independently owned and operated pharmacies. It has a business affiliation with AmerisourceBergen, which sponsors the network and owns the name "Good Neighbor Pharmacy." Good Neighbor Pharmacy is the sponsor for "ThoughtSpot," the annual trade show held in both Orlando and [[Las Vegas Valley|Las Vegas]]. ===Acquisitions=== *In 2011, the company acquired IntrinsiQ for $35 million and Premier Source for an undisclosed amount.<ref>{{Cite web|date=6 September 2011|title=AmerisourceBergen buys IntrinsiQ|url=https://www.bizjournals.com/philadelphia/news/2011/09/06/amerisourcebergen-buys-intrinsiq.html|website=Philadelphia Business Journal}}</ref><ref>{{Cite web|date=2011-09-02|title=AmerisourceBergen buys Premier Source|url=https://oklahoman.com/article/feed/291805/amerisourcebergen-buys-premier-source/|access-date=2020-07-17|website=The Oklahoman|language=en-US|archive-date=July 17, 2020|archive-url=https://web.archive.org/web/20200717171313/http://oklahoman.com/article/feed/291805/amerisourcebergen-buys-premier-source|url-status=dead}}</ref> In July, [[Steven H. Collis|Steven Collis]] replaced Yost as CEO of the company.<ref name=":1" /> *In March 2012, AmerisourceBergen agreed to acquire World Courier Group Inc, a transportation and logistics provider for the biopharmaceutical industry, for $520 million.<ref>{{Cite web|last=Sell|first=David|date=6 March 2012|title=AmerisourceBergen to acquire World Courier Group|url=https://www.inquirer.com/philly/blogs/phillypharma/AmerisourceBergen-to-Acquire-World-Courier-Group-Inc.html|access-date=2020-07-17|website=The Philadelphia Inquirer|language=en-US}}</ref> *In January 2015, the company bought MWI Veterinary for $2.5 billion. In October,<ref name=":0">{{Cite news|date=2015-10-06|title=AmerisourceBergen to buy PharMEDium for $2.58 billion|language=en|work=Reuters|url=https://www.reuters.com/article/us-pharmedium-m-a-amerisourcebergn-idUSKCN0S019P20151006|access-date=2020-07-17}}</ref> they agreed to buy PharMEDium, a compounding drug company, for $2.58 billion.<ref name=":0" /> *On January 3, 2018, AmerisourceBergen acquired H. D. Smith, the largest privately-held national pharmaceutical [[wholesaler]] in the U.S.<ref>{{Cite web|title=AmerisourceBergen Completes Acquisition of HD Smith|url=https://www.amerisourcebergen.com/abcnew/newsroom/press-releases/amerisourcebergen-completes-acquisition-of-hd-smith|access-date=2018-09-25|website=AmerisourceBergen|language=en|archive-date=September 26, 2018|archive-url=https://web.archive.org/web/20180926052007/https://www.amerisourcebergen.com/abcnew/newsroom/press-releases/amerisourcebergen-completes-acquisition-of-hd-smith|url-status=dead}}</ref><ref>{{Cite web|last=Olsen|first=Dean|title=Former H.D. Smith workforce reducing to 25 locally|url=https://www.sj-r.com/news/20190404/former-hd-smith-workforce-reducing-to-25-locally|access-date=2020-07-17|website=The State Journal-Register|language=en|archive-date=July 17, 2020|archive-url=https://web.archive.org/web/20200717172332/https://www.sj-r.com/news/20190404/former-hd-smith-workforce-reducing-to-25-locally|url-status=dead}}</ref> *On June 2, 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.<ref>{{Cite press release|title=Walgreens Boots Alliance Completes Strategic Transaction with AmerisourceBergen Divesting Alliance Healthcare Businesses|url=https://www.businesswire.com/news/home/20210602005360/en/Walgreens-Boots-Alliance-Completes-Strategic-Transaction-with-AmerisourceBergen-Divesting-Alliance-Healthcare-Businesses|website=Businesswire|language=en}}</ref>
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