January 25, 2023 – AmerisourceBergen plans to change its name to Cencora to reflect its aim to expand outside the U.S. and beyond drug distribution.
The company, among the largest distributors of medicines and other healthcare products in the U.S., with $239 billion in revenue last fiscal year, said Tuesday it expects to begin using the new name in the second half of this year.
“Over time, we have established ourselves as a trusted industry partner that prioritizes innovation, advocates for patient access, and advances strategic partnerships across the global pharmaceutical supply chain. To further bolster our position, we must continue to adapt and evolve within our dynamic industry as we pursue the goal of enhancing health outcomes. Building a unified brand is fundamental to our identity as a global healthcare company. We believe our new name better reflects who we are today and our impact across pharmaceutical care,” Steven H. Collis, Chairman, President & Chief Executive Officer of AmerisourceBergen, sain in a media release.