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McKesson
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 78,000 employees. McKesson had revenues of $238.2 billion in its fiscal year ending March 31, 2021. McKesson is based in Irving, Texas, and distributes health care systems, medical supplies and pharmaceutical products. Additionally, McKesson provides extensive network infrastructure for the health care industry; also, it was an early adopter of technologies like bar-code scanning for distribution, pharmacy robotics, and RFID tags. The company has been named in a federal lawsuit of profiting from the opioid epidemic in the United States. Throughout the COVID-19 pandemic, McKesson has expanded on its well-established credentials as key vaccine distributor, serving as the U.S. government's centralized distributor for hundreds of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
McKesson Europe
McKesson Europe AG (formerly Celesio AG, previously Gehe AG), with its headquarters in Stuttgart, Germany, is a leading international wholesale and retail company and provider of logistics and services in the pharmaceutical and healthcare sectors. The company had around 37,000 employees at the end of the 2019 financial year (31 March 2019) and is represented in 13 countries in Europe. In the 2019 financial year the company achieved a turnover of EUR 21.18 billion. The majority shareholder of the company is the US-based McKesson Corporation, which holds a share of 77.01%. The remaining 22.99% of shares are available on the open market. Kevin Kettler, a US citizen, has been Chairman of McKesson Europe since 1 November 2018. Overview The head office is situated at Stockholmer Platz in the new Europaviertel of Stuttgart, next to Stadtbibliothek and Milaneo shopping centre. The company's core business consists of pharmaceutical wholesale and pharmacies. In the pharmaceutical wholes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
John Hammergren
John H. Hammergren is an American businessman. He is best known for his role as Chairman and CEO of McKesson Corporation since 1999. On November 1, 2018 Hammergren announced his plan to retire. On April 1, 2019, he officially retired from McKesson. He was succeeded by Brian Tyler. Early life John Hammergren was born in St. Paul, Minnesota on 20 February 1959. His father was a traveling salesman in the healthcare industry. After having attended University of Minnesota, Hammergren received an MBA from William College Of Business at Xavier University. Career Hammergren began his career at American Hospital Supply that was subsequently purchased by Baxter Healthcare. In 1996, Hammergren was hired by McKesson to run the Pharmaceutical division at McKesson. In 1999, soon after McKesson's fraud scandal, he was named president and co-CEO of the company, becoming sole CEO in 2001, and chairman of the board in 2002. On December 17, 2017, CBS's 60 Minutes implied that Hammergren's negligen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Phillip Musica
Philip Mariano Fausto Musica (1877 – December 16, 1938), also known as F. Donald Coster, was an Italian swindler whose criminal career spanned parts of three decades. His various crimes included tax fraud, bank fraud, and bootlegging. However, he is best known as the mastermind of the McKesson & Robbins scandal of 1938, one of the largest financial scandals ever perpetuated by a single person. Early life Musica was born in 1877 in Naples to Antonio and Maria Musica. He moved to New York City at the age of seven and grew up in Mulberry's Bend, a rough neighborhood in Little Italy. Philip would eventually have three brothers and a sister. As a boy, Musica admired Theodore Roosevelt, at the time the city's hard-charging police commissioner. First convictions for fraud A. Musica and Son Musica dropped out of school at the age of 14 to help out at his father's small grocery store, A. Musica and Son. Within two years, he was running the store. He soon left day-to-day operations to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
McKesson & Robbins Scandal (1938)
The McKesson & Robbins, Inc. scandal of 1938 was one of the major financial scandals of the 20th century. The company McKesson & Robbins, Inc. (now McKesson Corporation) had been taken over in 1925 by Phillip Musica, who had previously used Adelphia Pharmaceutical Manufacturing Company as a front for bootlegging operations. Musica, a twice-convicted felon, used assumed names to conceal his true identity in taking control of the two companies: Frank D. Costa at Adelphia Pharmaceutical and F. Donald Coster at McKesson & Robbins. Although he was successful in expanding the company's legitimate business operations, Musica recruited three of his brothers, also working under assumed names, one outside the company and two inside it, to generate bogus sales documentation and to pay commissions to a shell distribution company under their control. Eventually, McKesson & Robbins treasurer Julian Thompson discovered the distribution company was bogus. It was determined that about $20 million ( ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Uniprix
Uniprix is a pharmacy chain founded in 1977 and based in Saint-Leonard, Montreal, Quebec. It operates under four brands: Uniprix, Unipharm, Clinique Santé and Uniclinique (inside clinics). Combining its four brands, Uniprix is the second-largest pharmacy chain in Quebec (after Jean Coutu) and is mutually exclusive with the Pharmasave chain in English. Most Uniprix products are branded as Option+. The Uniprix name was also used for a Montreal tennis stadium (formerly DuMaurier Stadium) which the chain acquired the naming rights for. Uniprix also was the name of a chain of popular stores in France, launched by the Nouvelles Galeries in 1928. It later was acquired by its competitor, Monoprix Monoprix S.A. () is a major French retail chain with its headquarters in Clichy, Hauts-de-Seine, France, near Paris. The company's stores combine food retailing with fashion, beauty and home products. History The company was founded in 1932 .... On April 12, 2017, it was annou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rexall (Canada)
Rexall Pharmacy Group ULC is a chain of retail pharmacies in Canada. Rexall is owned by McKesson Canada Corporation, which is a subsidiary of McKesson Corporation, a U.S.-based public company. With a history dating back to 1904, Rexall is a leading pharmacy retailer in Canada, based in Mississauga, Ontario. Rexall has approximately 400 pharmacies across Canada with 8,000 employees. Overview With around 400 locations Rexall is the second-largest retail pharmacy company in Canada, making it one of the major rival pharmacies to Shoppers Drug Mart. Rexall is not related to the defunct American drugstore chain with the same name, which also had locations in Canada until 1977. The company manufactures many personal care products with Rexall branding that are sold in its locations. It also operates Rexall Direct, a national mail-order pharmacy, and Rexall Health Solutions, a division focused on providing specialized clinical care and complex medication management services in tran ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Health Mart
Health Mart is an independent pharmacy franchise with more than 5,000 member pharmacies across all 50 states. Each pharmacy is locally owned and operated, allowing Health Mart pharmacy owners to tailor their offerings to the specific communities they serve. The Health Mart franchise is owned by Health Mart Systems, Inc., which is part of McKesson Corporation. History In 1996 McKesson acquired FoxMeyer drug company. With this acquisition came the Health Mart franchise, which started with several hundred pharmacies. Since McKesson's acquisition of Health Mart, the franchise has expanded rapidly, and has received many awards from leading pharmaceutical industry publications. Awards/Recognition In 2007, Health Mart was named "Chain of the Year" by Drug Topics. In 2011, Health Mart topped traditional chain drug stores in terms of pharmacy customer satisfaction in a JD Power study. In 2013, Health Mart was recognized by Drug Store News as the nation's largest independent phar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fortune 500
The ''Fortune'' 500 is an annual list compiled and published by ''Fortune'' magazine that ranks 500 of the largest United States corporations by total revenue for their respective fiscal years. The list includes publicly held companies, along with privately held companies for which revenues are publicly available. The concept of the ''Fortune'' 500 was created by Edgar P. Smith, a ''Fortune'' editor, and the first list was published in 1955. The ''Fortune'' 500 is more commonly used than its subset ''Fortune'' 100 or superset ''Fortune'' 1000. History The ''Fortune'' 500, created by Edgar P. Smith, was first published in 1955. The original top ten companies were General Motors, Jersey Standard, U.S. Steel, General Electric, Esmark, Chrysler, Armour, Gulf Oil, Mobil, and DuPont. Methodology The original ''Fortune'' 500 was limited to companies whose revenues were derived from manufacturing, mining, and energy exploration. At the same time, ''Fortune'' published compani ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
East Bay Times
The ''East Bay Times'' is a daily broadsheet newspaper based in Walnut Creek, California, United States, owned by the Bay Area News Group (BANG), a subsidiary of Media News Group, that serves Contra Costa and Alameda counties, in the East Bay region of the San Francisco Bay Area. It was founded as the ''Contra Costa Times'', and took its current name in 2016 when it was merged with other sister papers in the East Bay. Its oldest merged title is the ''Oakland Tribune'' founded in 1874. History The original ''Contra Costa Times'' was founded by Dean Lesher in 1947, and served central Contra Costa County, especially Walnut Creek. However, Lesher began expanding by purchasing weekly newspapers in neighboring communities, as well as two eastern Contra Costa daily papers, the '' Antioch Ledger'' and the ''Pittsburg Post-Dispatch''. Originally the weekly newspapers were free for shoppers, but Lesher gradually converted the papers to "controlled circulation" in 1962, an aggressive ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wholesaling
Wholesaling or distributing is the sale of goods or merchandise to retailers; to industrial, commercial, institutional or other professional business users; or to other wholesalers (wholesale businesses) and related subordinated services. In general, it is the sale of goods in bulk to anyone, either a person or an organization, other than the end consumer of that merchandise. Wholesaling is buying goods in bulk quantity, usually directly from the manufacture or source, at a discounted rate. The retailer then sells the goods to the end consumer at a higher price making a profit. According to the United Nations Statistics Division, ''wholesale'' is the resale of new and used goods to retailers, to industrial, commercial, institutional or professional users, or to other wholesalers, or involves acting as an agent or broker in buying merchandise for, or selling merchandise to, such persons or companies. Wholesalers frequently physically assemble, sort, and grade goods in large lot ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Harper's Magazine
''Harper's Magazine'' is a monthly magazine of literature, politics, culture, finance, and the arts. Launched in New York City in June 1850, it is the oldest continuously published monthly magazine in the U.S. (''Scientific American'' is older, but it did not become monthly until 1921). ''Harper's Magazine'' has won 22 National Magazine Awards. In the 19th and 20th centuries, the magazine published works of authors such as Herman Melville, Woodrow Wilson, and Winston Churchill. Willie Morris's resignation as editor in 1971 was considered a major event, and many other employees of the magazine resigned with him. The magazine has developed into the 21st century, adding several blogs. ''Harper's'' has been the subject of several controversies. History ''Harper's Magazine'' began as ''Harper's New Monthly Magazine'' in New York City in June 1850, by publisher Harper & Brothers. The company also founded the magazines ''Harper's Weekly'' and ''Harper's Bazaar'', and grew to become Ha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
James Cash Penney
James Cash Penney Jr. (September 16, 1875 – February 12, 1971) was an American businessman and entrepreneur who founded the JCPenney stores in 1902. Early life J. C. Penney was born on September 16, 1875, on a farm outside of Hamilton, Caldwell County, Missouri. He was the seventh of twelve children, only six of whom lived to adulthood, born to James Cash Penney and Mary Frances (born Paxton) Penney. Penney's father was a Baptist preacher and farmer whose strict discipline included making his son pay for his own clothing once he reached 8 years of age. After graduation from Hamilton High School, Penney intended to attend college with the hopes of becoming a lawyer. However, his father's untimely death forced a change in plans, and Penney was forced to take a job as a store clerk to help support the family. Penney's tuberculosis caused him to venture west to Longmont, Colorado.Brown, John W. ''Missouri Legends: Famous People From The Show-Me State''. Reedy Press: St. Louis, 2 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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