NEW YORK, NY--(Marketwire - Oct 10, 2012) - Companies within the wholesale drug industry continue to be the beneficiaries of strong generic sales in the U.S. Demand for generics is improving and acquisition and deal making activities continue to increase because many companies look to quickly grow sales and stave off competitive threats. Get your free reports on AmerisourceBergen Corporation and McKesson Corp. at http://www.ShinesRooms.com/index.php?_controller=RegisterMember&_method=index. There is no commitment to join.
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On the deal making front, AmerisourceBergen Corp.'s three year, $18.5 billion supply deal with Express Scripts that became effective this month, exemplifies the above trends. The highly lucrative and mutually beneficial deal should facilitate revenue growth and provide stability. AmerisourceBergen Corporation report is accessible for free by registering today at
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Acquisitions are also becoming more frequent as drug wholesalers look to quickly capture market share and widen margins. The latest efforts from McKesson Corp. illustrate the effectiveness of this strategy. It recently inked a definitive agreement to acquire MedVentive to not only grow sales but to also improve efficiency and reduce costs. McKesson Corp. report is accessible for free by registering today at
Moving forward, high levels of competition will likely continue to be the biggest threat to bottom-lines for pharmaceutical distributors at this time. However, current demand levels and the slate of drugs hitting the generic market appear capable of offsetting mounting competition.
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