AmerisourceBergen extends WBA deal by 3 years

VALLEY FORGE, Pa. - AmerisourceBergen on Thursday announced that it has extended the term of its strategic, long-term relationship with Walgreens Boots Alliance for an additional three years. 

 

As a result, both the pharmaceutical distribution contract and the Walgreens Boots Alliance Development relationship have been extended to 2026. The extension includes an enhanced commitment from Walgreens Boots Alliance to utilize AmerisourceBergen as its key U.S. distribution partner, and AmerisourceBergen has agreed to make certain working capital investments in the relationship and will proceed with additional capital investments in its distribution network.

 

“We are thrilled to extend our innovative and highly successful partnership with Walgreens Boots Alliance, and we look forward to continuing to reap the rewards of this unique and collaborative relationship well beyond the original 10-year term,” stated Steven Collis, chairman, president and CEO AmerisourceBergen.