The Traderszone Network

Published in TZ Latest News 2 January, 2015 by The TZ Newswire Staff

Drug Distributor Reaps The Rewards Of Strategy Shift

A recent strategy shift by AmerisourceBergen to focus on a few big clients rather than several smaller ones has been lucrative. In October, the drug wholesaler reported another quarter of robust sales growth, helped by its recent alliance with Walgreen (WAG) and Walgreen’s U.K.-based partner Alliance Boots. Sales jumped 29% to $31.6 billion, its fifth straight quarter of 25%-plus sales growth.

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