AmerisourceBergen Announces Launch of Pharmacy Ownership Program for Independent Community Pharmacists

November 18, 2013

Service Offers Consulting Resources and Network for Matching Qualified Pharmacy Sellers and Buyers

VALLEY FORGE, Pa.--(BUSINESS WIRE)--Nov. 18, 2013-- AmerisourceBergen Corporation (NYSE:ABC) today announced the launch of the company’s new Pharmacy Ownership Program, a new network with resources established to assist independent community pharmacists in selling their business to prospective buyers or expanding their current business to additional locations. In conjunction with today’s announcement, a new website in support of the program, www.buysellpharmacy.com, is now live.

“We are committed to helping independent community pharmacies meet their business goals. We understand that the interest of a pharmacy owner may be different throughout the life of the business – whether a pharmacist is looking to expand their business to multiple locations, or looking to downsize in preparation for retirement and potentially sell their store,” said AJ Caffentzis, senior vice president of sales and marketing, AmerisourceBergen Drug Corporation. “Our team of experienced pharmacy ownership consultants is available to guide you every step of the way and provide confidential assistance from the initial planning to final sale.”

Through the Pharmacy Ownership Program, current pharmacy owners who are looking to sell their business are matched with qualified buyers who are interested in purchasing an independent community pharmacy. AmerisourceBergen’s pharmacy ownership consultants assist both potential buyers and sellers, without a brokerage fee, to identify a location in the market area of interest, provide financing options with established bank partners, and finalize the sale.

“When a store became available to purchase, my first call was to AmerisourceBergen. We worked together to evaluate the store I was looking to purchase and its future potential. After some research, we determined a fair purchase price and AmerisourceBergen even provided a contact with a bank that specializes in medical loans,” said Scott Louderback, a community neighborhood pharmacy owner in Lincoln, Neb. “I communicate weekly with AmerisourceBergen about the deal we completed and I value their excitement for the opportunity.”

Pharmacists who would like to learn more about the program and speak confidentially to an experienced pharmacy ownership consultant can email pharmacyownership@amerisourcebergen.com. For more information, go to www.buysellpharmacy.com.

About AmerisourceBergen

AmerisourceBergen is one of the world's largest pharmaceutical services companies serving the United States, Canada and selected global markets. Servicing both healthcare providers and pharmaceutical manufacturers in the pharmaceutical supply channel, AmerisourceBergen provides drug distribution and related services designed to reduce costs and improve patient outcomes. AmerisourceBergen's service solutions range from niche premium logistics and pharmaceutical packaging to reimbursement and pharmaceutical consulting services. With over $80 billion in annualized revenue, AmerisourceBergen is headquartered in Valley Forge, PA, and employs approximately 13,000 people. AmerisourceBergen is ranked #32 on the Fortune 500 list. For more information, go to www.amerisourcebergen.com.

Source: AmerisourceBergen Corporation

AmerisourceBergen
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