Bergen Brunswig Announces Primary Source Agreement With Raley's.Business Editors and Health/Medical Writers ORANGE, Calif.--(BUSINESS WIRE)--July 13, 2001 Bergen Brunswig Drug Company (BBDC BBDC Brantley Capital Corporation (Cleveland, OH) BBDC before bottom dead center (referring to a piston in a engine) BBDC Banting and Best Diabetes Centre BBDC Beijing Benz-DaimlerChrysler Automotive Co, Ltd ), a subsidiary 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. ), today announced a new five-year prime vendor contract with Raley's -- one of the largest supermarket chains in Northern California Northern California, sometimes referred to as NorCal, is the northern portion of the U.S. state of California. The region contains the San Francisco Bay Area, the state capital, Sacramento; as well as the substantial natural beauty of the redwood forests, the northern and Nevada. Under terms of the agreement, which is expected to generate $3 billion over the term of the contract, BBDC will supply pharmaceuticals and over-the-counter products to all 103 Raley's stores with pharmacy operations. "This new agreement represents a renewed commitment to expand our current relationship," said David Neu, president, BBDC Retail. "Bergen is confident that we can assist Raley's in integrating a superior central fill solution with a solid in-store strategy." Flint Pendergraft, Vice President of Pharmacy and Wellness at Raley's, added, "This contract continues a very successful relationship between Raley's and Bergen. Bergen has shown a superior service relationship over the past seven years and has demonstrated the experience and initiatives necessary to serve Raley's long-term goals Long-term goals Financial goals expected to be accomplished in five years or longer. ." As part of the agreement, Raley's will employ many of Bergen's profit generating programs, including Generic Purchasing Program (GPP GPP Government Performance Project GPP General Purpose Processor GPP General Physical Preparedness GPP Gambian People's Party GPP Good Pharmacy Practice GPP Gross Primary Productivity GPP Green Procurement Program GPP Generic Packetized Protocol )(R), Private Label and the RePak product line. "We have the opportunity to employ the GPP program as a mechanism for generic drug generic drug, a drug sold or prescribed under the nonproprietary name of its active ingredients or under a generally descriptive name rather than under a brand or trade name. cost reduction," Pendergraft said. Raley's operates a chain of 149 supermarkets in Northern California, Nevada and New Mexico. Raley's also owns Bel Air Markets, a chain of 18 supermarkets in the greater Sacramento area; Food Source, a chain of 8 warehouse format stores; and Nob Hill Foods, a chain of 26 supermarkets in south San Jose South San Jose is a large geographic area in San Jose, California, USA. South San Jose consists mainly of middle-class latino neighborhoods. Some of those neighborhoods include:
Bergen Brunswig Corporation, headquartered in Orange County, California Orange County is a county in Southern California, United States. Its county seat is Santa Ana. According to the 2000 Census, its population was 2,846,289, making it the second most populous county in the state of California, and the fifth most populous in the United States. , is a leading supplier of pharmaceuticals and specialty healthcare products, as well as information management solutions and consulting services. Bergen's customers include the nation's healthcare providers (hospitals, nursing homes and physicians), drug stores, manufacturers and patients. Through its subsidiaries, Bergen provides product distribution, logistics, pharmacy management programs, and Internet fulfillment strategies designed to reduce costs and improve patient outcomes across the entire healthcare spectrum. Except for historical information, all other information set forth in this press release, such as earnings forecasts and earnings rate projections, consists of "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. These "forward-looking statements" are subject to risks, uncertainties and other factors which could cause actual results to differ materially from those projected or implied. Such statements may be identified by the use of forward-looking language such as "may," "will," "should," "expect," "anticipate," "estimate," "believe," "think," "continue" or the negatives or other variations thereof or other similar terminology. Such risks and uncertainties include the risks described in exhibit 99(a) to the Company's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended September 30, 2000 and in other reports and exhibits filed with the Securities and Exchange Commission. These risks and uncertainties include, but are not limited to, the costs and difficulties related to the integration of acquired businesses, the loss or disruption of one or more key customer or supplier relationships, changes in the distribution outsourcing pattern for pharmaceutical products and/or services, the ability to obtain general financing or financing rates that would be compatible with the Company's business operations, and the costs and other effects of governmental regulation and legal and administrative proceedings. The Company assumes no obligation to update the information in the release. Bergen Brunswig press releases are available on the company's website at www.bergenbrunswig.com. |
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