Bergen Brunswig's ASD Subsidiary Signs Prime Vendor Agreement With Affiliated Physicians Network.ORANGE, Calif.--(BW HealthWire)--Sept. 30, 1997--Alternate Site Distributors (ASD ASD abbr. atrial septal defect ASD Atrial septal defect, see there ), an affiliate of Bergen Brunswig Corporation (NYSE NYSE See: New York Stock Exchange :BBC BBC in full British Broadcasting Corp. Publicly financed broadcasting system in Britain. A private company at its founding in 1922, it was replaced by a public corporation under royal charter in 1927. ), announced today that it has signed a two-year prime vendor agreement with Affiliated Physicians Network, Inc. (APN APN abbr. advanced practice nurse ). APN, based in Fort Lee, New Jersey Fort Lee is a borough in Bergen County, New Jersey, United States. As of the United States 2000 Census, the borough population was 35,461. Fort Lee was formed by an Act of the New Jersey Legislature on March 29, 1904, from the remaining portions of Ridgefield Township. , is a regional network of 100 physicians specializing in oncology, with a concentration of its members in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , New Jersey and Connecticut. The estimated revenue to ASD will be approximately $60 million over the term of the agreement. "ASD is very excited about this opportunity for two reasons," said ASD President Neil F. Dimick. "First, we believe that APN is well-positioned for growth because of its unique member services model. Second, the agreement advances ASD's goal of establishing a firm presence in the Northeast area of the country." According to Joseph Welfeld, chief executive officer of APN, the contract will further his company's commitment to provide outstanding service to its affiliates. "ASD is a proven leader in the industry," he said. "In partnering with ASD, we look forward to new standards of excellence, innovation and quality." Bergen Brunswig Corporation, a Fortune 500 company with national distribution of healthcare products and services, offers all healthcare venues innovative logistics management programs that help them grow efficiently, improve the cost effectiveness of their operations and further support their focus on patient/consumer care. Some of the information included in this news release includes "forward-looking statements" which are subject to uncertainties which could cause actual results to differ materially from those projected or implied. The most significant of such uncertainties relate to market conditions and other factors described in Bergen's forms and exhibits filed with the Securities and Exchange Commission. Bergen Brunswig news releases are available at no charge through the company's Faxline. To receive a directory of available releases, call 800/344-7508 and follow the voice-prompt instructions. CONTACT: Bergen Brunswig Corp., Orange Lisa Riordan Director, Investor and Public Relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most 800/840-5131 |
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