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Recent Articles

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McKesson opens new technologically advanced DC in Jeffersonville, Ohio; 475,000 square-foot DC can process twice the amount of volume compared to McKesson’s current largest DC and will serve Ohio, Indiana, Kentucky, Michigan, Pennsylvania, West Virginia

Study finds US drug distribution industry expands as COVID-19 disruption fades and biosimilars boom; combined revenue at AmerisourceBergen, Cardinal Health, McKesson projected to reach US$616.0B in 2022: Drug Channels Institute

McKesson extends pharmaceutical distribution agreement with CVS Health through June 2027; agreement calls for McKesson to distribute pharmaceuticals to retail, mail order, specialty pharmacies and DCs

McKesson reports fiscal 2023 Q1 GAAP net income up at US$768.0M from US$486.0M a year ago, with revenues up 7% year-over-year to US$67.2B; results driven by growth in US pharmaceutical segment due to increased specialty product volumes

McKesson and HCA Healthcare form JV combining McKesson’s US Oncology Research, HCA’s Sarah Cannon Research Institute to expand research, drug development, availability to clinical trials; McKesson also acquires Genospace personal medicine platform

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