AmerisourceBergen Corporation

Stock Symbol: ABC

1300 Morris Drive Ste 100
Chesterbrook, PA 19087
610-727-7000 (phone)
610-647-0141 (fax)

Website: Amerisource

Industry: Drugs Wholesale

Index Membership: S&P 500; S&P 1500 Super Comp

AmerisourceBergen Corporation Description:
AmerisourceBergen (NYSE:ABC) is the largest pharmaceutical services company in the United States dedicated solely to the pharmaceutical supply chain. It is the leading distributor of pharmaceutical products and services to the hospital systems/acute care market, alternative care providers, independent community pharmacies, and regional chains. The company is also a leader in the institutional pharmacy marketplace. With approximately $39 billion in annualized operating revenues, AmerisourceBergen is headquartered in Valley Forge, PA, and employs more than 13,000 people serving over 25,000 customers. AmerisourceBergen employs over 11,000 people.

AmerisourceBergen Corporation Financial Summary:
VALLEY FORGE, Pa.--Nov. 1, 2007--AmerisourceBergen Corporation (NYSE:ABC) today reported that in its fiscal fourth quarter ended September 30, 2007, diluted earnings per share from continuing operations were $0.63, which was negatively impacted by a $0.10 write-down to market value of tetanus-diphtheria vaccine inventory and positively impacted by a net $0.03 benefit from special items. The PharMerica Long-Term Care business, which the Company spun-off on July 31, 2007, is included in the fourth quarter and fiscal year 2007 results from continuing operations, representing $0.01 and $0.08 of diluted earnings per share, respectively. Fiscal Fourth Quarter Highlights Operating revenue of $15.3 billion, up 4.5 percent; Diluted earnings per share from continuing operations of $0.63, a 3 percent increase; $0.10 per diluted share write-down to market value of tetanus-diphtheria vaccine inventory; Net $0.03 per diluted share benefit from special items; Cash flow from operations of $128 million; $546 million of share repurchases.

AmerisourceBergen Corporation Business Summary:
AmerisourceBergen Corporation, through its subsidiaries, provides pharmaceutical services to pharmaceutical manufacturers and healthcare providers in the United States, Canada, and the United Kingdom. It distributes brand name and generic pharmaceuticals, over-the-counter healthcare products, and home healthcare supplies and equipment to various healthcare providers, 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 skilled nursing and assisted living centers. The company also provides pharmaceuticals and pharmacy services to long-term care, workers' compensation, and specialty drug patients. In addition, it offers related services, including pharmacy automation, supply management software, pharmaceutical packaging, inventory management, reimbursement and pharmaceutical consulting services, logistics services, and physician education. The company serves customers through a network of distribution and service centers, as well as through packaging facilities. AmerisourceBergen Corporation was founded in 1985 and is headquartered in Chesterbrook, Pennsylvania.