A&P Extends Prime-Vendor Agreement with McKesson.SAN FRANCISCO--(BW HealthWire)--March 5, 1997--McKesson Corp. (NYSE NYSE See: New York Stock Exchange :MCK MCK McKinsey & Company (consulting firm) MCK Mohawk Council of Kahnawake (Quebec) MCK Mon Colle Knights (children's TV show) MCK Mirror Classes Kit MCK Maintenance Check ) announced today that it has renewed its prime-vendor agreement with the A&P grocery chain for two years, effective immediately. The new contract, to provide pharmaceuticals, home health care and over-the-counter products to in-store pharmacies This article is a list of major pharmacies (also known as chemists and drugstores) by country. Australia Pharmacies in Australia are mostly independently-owned by pharmacists, often operated as franchises of retail brands offered by the three major , is expected to result in sales totaling $120 million over the term of the agreement. Based in Montvale, N.J., A&P has pharmacies in 150 of its stores in 13 states east of the Mississippi. "McKesson has developed a unique menu of products and services to help pharmacies provide quality care to patients, and at the same time meet the cost-containment requirements of third-party payors," noted Mark Majeske, president, Customer Operations. "We also have the nationwide distribution capability to allow for customized service at the store level and the leadership in technology development and implementation to help large chains like A&P better manage their overall costs." Jim Finocchi, A&P's vice president, Pharmacy pharmacy, art of compounding and dispensing drugs and medication. The term is also applied to an establishment used for such purposes. Until modern times medication was prepared and dispensed by the physician himself. In the 18th cent. , said, "The new electronic commerce services that McKesson is offering are of special interest to retail chains such as ours. We also appreciate the fine service and support that we receive from the company's distribution facilities." McKesson (NYSE:MCK) is the largest health care supply management company in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. through its U.S. health care businesses, its Canadian subsidiary, Medis Health and Pharmaceutical Services, and its interest in Mexico's Nadro, S.A. With its acquisition of General Medical Inc., the largest multimarket distributor of medical-surgical supplies, McKesson has further extended its leadership in health care supply management. The company also owns McKesson Water Products, a leading provider of pure drinking water drinking water supply of water available to animals for drinking supplied via nipples, in troughs, dams, ponds and larger natural water sources; an insufficient supply leads to dehydration; it can be the source of infection, e.g. leptospirosis, salmonellosis, or of poisoning, e.g. . Except for the historical information contained herein, the matters discussed in this release are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve risks and uncertainties that could cause actual results to differ materially from those projected. The company assumes no obligation to update information contained in this release. McKesson news releases are available at no charge through McKesson's NewsOnDemand fax service. To immediately receive an index of available releases, call 1-800-344-6495 and press 2. On the Internet, visit us on the World Wide Web at: http://www.mckesson.com . CONTACT: McKesson Corp., San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden Joan Kampe O'Connor, 415/983-8416 |
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