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McKesson

This article was originally published in The Tan Sheet

Executive Summary

Signs distribution agreement with the American Pharmacy Owners Association to be the primary supplier of Rx, OTC and H&BA products for association members. APOA estimates about 300 of its members will participate in the agreement. The five-year deal will be in excess of $200 mil. annually, McKesson estimates, and will replace a portion of revenue from a recently-expired primary distribution agreement with over 500 Medicine Shoppe franchises. Cardinal, a major McKesson competitor, is Medicine Shoppe's parent company. APOA itself represents more than 250 Medicine Shoppes...
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