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VALLEY FORGE, Pa. — AmerisourceBergen announced earlier this month that it has extended the term of its strategic, long-term relationship with Walgreens Boots Alliance Inc. (WBA) for an additional three years.
The move extends the pharmaceutical distribution contract and the Walgreens Boots Alliance Development relationship to 2026.
The extension includes an enhanced commitment from WBA to utilize AmerisourceBergen as its key U.S. distribution partner, and AmerisourceBergen has agreed to make certain working capital investments in the relationship.
“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,” said Steven Collis, chairman, president and chief executive officer of AmerisourceBergen.
