Pink Sheet is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

AWP changes not a concern to ABC

Executive Summary

Changes to average wholesale prices stemming from the settlement of a class action case against First Databank and McKesson will have no impact on AmerisourceBergen Corporation's business, the wholesaler said. "We are not involved in that at all," CEO David Yost said during a presentation Dec. 13. The proposed settlement may lead to lower AWPs for the majority of drugs (1"The Pink Sheet" Oct. 16, 2006, p. 13). ABC predicted that the impact to its customers will be limited. "If there are changes to AWP, we would expect the discounts to be adjusted accordingly and so, at the end of the day, the retailer would be adequately compensated," Yost predicted. There may be a 90-day period for the market to adjust to the new structure, but "we expect it to have no lasting impact on our customers"...
Advertisement
Advertisement
UsernamePublicRestriction

Register

PS047839

Ask The Analyst

Please Note: You can also Click below Link for Ask the Analyst
Ask The Analyst

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel