Cencora Inc - Company Profile
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Business Description
Cencora Inc (Cencora), formerly AmerisourceBergen Corp is a global pharmaceutical sourcing and distribution services company. It assists healthcare providers and pharmaceutical and biotech manufacturers in improving patient access to products and enhancing patient care. The company operates in the pharmaceutical supply chain, distributing brand-name, specialty brand-name, and generic pharmaceuticals, over-the-counter healthcare products, home healthcare supplies and equipment, and related services. The company serves a wide range of healthcare providers, including acute care hospitals, health systems, retail pharmacies, medical clinics, long-term care and alternate site pharmacies, physician practices, and veterinarians in the United States and select global markets.
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R&D Overview
Cencora focuses on supporting the growth of the pharmaceutical industry through ongoing research and development expenditures. The company emphasizes the development of biotechnology and specialty pharmaceutical drugs, which are expected to provide opportunities for continued growth in the specialty pharmaceuticals business.
Business Segments
Overview
-Comprises operating segments that focus on international pharmaceutical wholesale and related service operations, primarily serving healthcare providers like pharmacies, doctors, health centers, and hospitals in Europe. It also provides global commercialization services and specialized services for the life sciences industry. -Includes World Courier, a global provider of specialty transportation and logistics to the biopharmaceutical industry; AmerisourceBergen Consulting Services (ABCS), and distribution business.
Performance
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Overview
The segment comprises of two sub segments; Human Health and Animal Health -Human Health: Distributes an array of brand-name, specialty brand-name, and generic pharmaceuticals, over-the-counter (OTC) healthcare products, outsourced compounded sterile preparations, home healthcare supplies and equipment, and related services to acute care hospitals and health systems, mail-order pharmacies, medical clinics, independent and chain retail pharmacies, long-term care, and alternate site pharmacies and other customers. -Provides pharmaceutical distribution (including plasma and other blood products, vaccines, injectible pharmaceuticals, and other specialty pharmaceutical products) and other services to physicians specialized in various disease states, especially cancer, and to other healthcare providers, including dialysis clinics and hospitals. -It also offers data analytics, outcomes research, and additional services to pharmaceutical and biotechnology manufacturers; pharmacy management; staffing and additional consulting services; supply management software to retail and institutional healthcare providers; and packaging solutions to institutional and retail healthcare providers. -MWI Animal Health (MWI): -Sells pharmaceuticals, parasiticides, vaccines, microfeed ingredients, diagnostics, and other products to customers in both the production animal and companion animal markets.
Performance
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