Steven Collis, AmerisourceBergen CEO (Alex Brandon/AP Images)

Amerisource­Ber­gen throws down near­ly $1.3B cash for Ger­man life sci­ences com­pa­ny

Amerisource­Ber­gen earned a whop­ping $60.1 bil­lion last quar­ter, thanks in part to its dis­tri­b­u­tion of gov­ern­ment-owned Covid treat­ments. Now it’s time to rein­vest some of that cash.

The phar­ma­ceu­ti­cal dis­trib­u­tor is plunk­ing down $1.28 bil­lion to ac­quire Phar­maLex, a Ger­man life sci­ences com­pa­ny that boasts a range of con­sult­ing and sup­port ser­vices from clin­i­cal de­vel­op­ment to post-launch, the com­pa­nies an­nounced on Mon­day.

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