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McKesson Corporation is an American company distributing pharmaceuticals and providing health information technology, medical supplies, and care management tools. The company delivers a third of all pharmaceuticals used in North America and employs over 51,000 employees. McKesson had revenues of $276 billion in its fiscal year ending March 31 ...
Rexall Pharmacy Group ULC. Rexall Pharmacy Group ULC is a chain of retail pharmacies in Canada. Rexall is owned by McKesson Canada, which is a subsidiary of McKesson Corporation, a U.S.-based public company. [1] Founded in 1904, Rexall has approximately 400 pharmacies across Canada with 8,000 employees. [2]
On January 30, 2012, Katz agreed to sell its Drug Trading Company Ltd. to McKesson Corporation for roughly $920 million in cash. Drug Trading Company is a marketing and purchasing arm for a network of over 850 independent pharmacies that primarily operate under the I.D.A. and Guardian brands and Medicine Shoppe Canada Inc.
On April 12, 2017, it was announced that the Montreal-based McKesson Canada, a subsidiary of U.S.-based McKesson, that already owns 275 Proxim pharmacies, reached a deal to acquire Groupe Uniprix’s 330 pharmacies. McKesson Canada became the biggest pharmacy group in Quebec by having more outlets than Groupe Jean Coutu, which has 382.
Change Healthcare (known as Emdeon before rebranding in 2015, which followed its acquisition of Change Healthcare) is a provider of revenue and payment cycle management that connects payers, providers, and patients within the U.S. healthcare system. The name also refers to a company founded in 2007 which subsequently became part of the current ...
In September 2017, McKesson Canada completed its acquisition of Uniprix which would be headed by the same president who oversees the Proxim chain. Proxim and Uniprix have since remained separate chains of McKesson, much the same way that competitors Jean Coutu and Brunet both live on within the ownership of Metro Inc. References
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