Walgreens is looking at potentially acquiring AmerisourceBergen, according to reports
It has been reported that Walgreens Boots Alliance is in serious talks with pharmaceutical distributor AmerisourceBergen regarding a potential acquisition.
Owning over 25% of the company already, healthcare providers are increasingly looking at ramping up their responsibilities within patient care, merging with insurers, pharmaceutical distributors and technology companies in the development of a first-class patient centered model
Walgreens, along with Cardinal Health and McKesson, are responsible for the majority of the US pharmaceutical market, distributing to healthcare providers both within acute and community settings.
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With Amazon set to further delve into pharmaceutical distribution, many companies are looking at new ways to remain competitive against new players, whilst lowering healthcare costs.
Additionally, Berkshire Hathaway, JP Morgan and Amazon have decided to join forces to provide lowered healthcare costs to its employees through the implementation of further technologies. If successful, it is hoped that this healthcare model will be rolled out across the US.
If a potential deal is struck, the partnership will merge one of the largest drug chains in the US, with one of its largest distributors within the pharmaceutical market.
AmerisourceBergen presently holds a market value of over $19 billion, whilst Walgreens is approximately $68 billion, with up to 13,200 stores in 11 countries, Thomson Reuters has stated. AmerisourceBergen has also recently acquired H.D. Smith, which will strengthen its existing pharmaceutical portfolio.
Dexcom: changing the lives of people with type 1 diabetes
It is estimated that 9.3% of adults around the world are living with type 1 diabetes, which amounts to a total of 463 million people. A further 1.1 million children and adolescents under the age of 20 are living with the condition.
Unlike the more prevalent type 2 diabetes, where the body still produces insulin and symptoms develop slowly, people with type 1 diabetes need regular insulin injections or pumps, and must monitor their sugar levels frequently.
In recent years a number of remote glucose monitoring systems have become available that patients can use at home. These work with a sensor, usually placed under the skin, that measures glucose levels every few minutes. This information is then transmitted wirelessly to a device like a smartphone or tablet, which can then be shared with their clinician.
British actress Nina Wadia's son Aidan, 14, has type 1 diabetes, and has been managing his condition using Dexcom, a glucose monitoring system used by patients all over the world. Here Wadia explains how Dexcom has improved their lives.
As a parent of someone with type 1 diabetes, what is your day-to-day life like?
Being able to take a breath, think and pivot constantly without getting frustrated becomes an essential mindset because sometimes it feels like each day is determined to be different from the day before. Whatever worked yesterday is going to misfire today.
Which areas of yours and Aidan’s life are most impacted by diabetes?
The one thing that you have to fight hard to reclaim is spontaneity, especially when it comes to food and exercise. It’s only when this is taken do you realise how essential each one is. You can be flexible and there are no real limits, but only in the sense that a great athlete can be flexible without limits because they’ve trained super hard to be that way. So we’ve all had to become athletes when it comes to being spontaneous.
How has Dexcom helped you and Aidan?
Dexcom has brought future science fiction to real life today. The continuous glucose monitoring system is tiny, sits discreetly on his body and gives him a ten-day breather between sensor changes, so it's goodbye finger-pricking seven times daily.
Dexcom is totally active at a grass roots level and for Diabetes Awareness has pledged to donate £2,000 if #DexcomDiabetesStories and/or #DexcomWarriorStories is shared 200 times! I’ll be sharing more on social media and would love to hear how other families are winning their fights.
Maybe most importantly Dexcom is trying to introduce a reimbursement programme for type 1 diabetes patients which will give greater access to modern, life changing hi-tech. I want to spread the word on the importance of accessing it through this campaign.
If you compared your life today with how it was before Aidan was using Dexcom, what has changed?
It's always working, which lets him take his mind off diabetes for longer stretches. It also lets me get off his back. We both receive alerts so I no longer have to pester him by asking him what his number is, and especially importantly, I don’t have to wake him at night to prick his finger if I’m worried. Dexcom gave us back our sleep!