Bergen Lands Another Big Contract, for $400 Million
Bergen Brunswig Corp., the third-biggest U.S. drug wholesaler, said Wednesday that it signed a five-year contract valued at $400 million with Comprehensive Pharmacy Services Inc. for pharmaceuticals and other services.
Bergen, based in Orange, said in a press release that it will supply drugs to hospital, psychiatric and correctional facilities that are customers of Comprehensive Pharmacy, a closely held provider of pharmacy services based in Memphis, Tenn.
The deal follows one announced Tuesday in which Bergen will sell generic drugs to Costco Wholesale Corp. under a four-year contract valued at $220 million.
Bergen’s stock price lost 65 cents to close at $18.20 a share on the New York Stock Exchange.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
