Cencora Inc - Company Profile

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Business Description

Cencora Inc (Cencora), formerly, AmerisourceBergen Corp is a pharmaceutical sourcing and distribution services company. Its programs and services enhance the effectiveness and efficiency of the pharmaceutical supply chain in human health and animal health. Several healthcare providers and veterinary practices depend on the company as their partner in the pharmaceutical supply chain. The company provides data analytics, reimbursement, and pharmaceutical consulting services, outcomes research, inventory management, niche premium logistics services, pharmacy management, pharmacy automation, and packaging solutions to healthcare providers and pharmaceutical manufacturers. The company operates through two reportable business segments: The US Healthcare Solutions and International Healthcare Solutions. In FY2023, the company incurred a capital expenditure of US$458.4 million which declined 7.6% YoY.

Business Segments

Overview

-Comprises operating segments that focus on global commercialization services and animal health. Global commercialization services: -Includes World Courier, a global provider of specialty transportation and logistics to the biopharmaceutical industry; AmerisourceBergen Consulting Services (ABCS), distribution business; In FY2023, the segment incurred a capital expenditure of US$190.29 million which declined 5.3% YoY.

Performance

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Overview

-Distributes a wide range 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 also other services to physicians specialized in a variety of 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 provides packaging solutions to institutional and retail healthcare providers. -MWI Animal Health (MWI): -Sells pharmaceuticals, parasiticides, vaccines, micro feed ingredients, diagnostics, and other products to customers in both the production animal and companion animal markets. In FY2023, the segment incurred a capital expenditure of US$268.069 million which declined 9.3% YoY.

Performance

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