AmerisourceBergen Selected for U.S. Business Development Mission to Asia

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Peyton Howell, President of Global Sourcing and Manufacturer Relations, to participate in mission to Japan and South Korea with Secretary Pritzker.

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U.S. Secretary of Commerce Penny Pritzker announced that AmerisourceBergen – along with 19 other U.S. firms – has been selected for a Business Development Mission to Asia later this month focused on the healthcare and energy sectors. In an effort to promote U.S. exports to Japan and South Korea, the mission will help companies increase business in these key markets.

Over the past year, AmerisourceBergen has continued to broaden its global reach through strategic partnerships, including a joint venture with Profarma Distribuidora de Produtos Farmacêuticos S.A. (Profarma) in Brazil and an expansion of third party logistics and global clinical trial logistics capabilities through World Courier in Australia. The company has also expanded its presence in Western Europe, opening an office in Bern, Switzerland to support Global Manufacturer relations and commercialization strategy; and by acquiring Herescon in Germany to expand reimbursement consulting services.

As global growth remains a high priority for AmerisourceBergen in the coming years, this mission could not come at a better time.

“AmerisourceBergen is honored to have been selected for this very important mission to build and strengthen commercial ties and better understand market access issues in Japan and Korea,” said Peyton Howell, President of Global Sourcing and Manufacturer Relations, AmerisourceBergen. “In an effort to expand our global footprint, we continually seek opportunities to collaborate with peers and share AmerisourceBergen’s unique perspective on distribution and services to shape healthcare delivery across the globe.”

As the fourth and sixth-largest trading partners for the U.S., Japan and South Korea present ample opportunities for U.S. businesses to sell their goods and services. In both countries, the government and private sector are making significant investments in healthcare and energy. Japan has a $153 billion market for medical and health products, and South Korea’s total market for drugs and medical device products combined is roughly $21 billion. U.S. businesses are well-positioned to provide innovative healthcare solutions in both countries, where there are focused efforts on improved treatments, health maintenance and better overall health.

“One of our key functions at the Department of Commerce is to connect U.S. businesses with new opportunities to sell their goods and services in markets with significant potential,” said Secretary Pritzker. “All over the world, government and private sector leaders are eager to work with U.S. firms because of the values and expertise they bring to the markets in which they operate. Throughout this trade mission, our American business leaders will help deepen and strengthen our commercial ties in the Asia-Pacific region, while also finding new markets for their goods and services.”

Other companies that will join Secretary Pritzker in Japan and Korea: Abbott Beautiful Earth Group, LLC; C3 Energy; Cargill; Cytori Therapeutics, Inc.; The Dow Chemical Company; Eli Lilly and Company; HPI, LLC; Humacyte, Inc.; Intuitive Surgical, Inc.; Marmon Engineered Wire and Cable; Medidata Solutions; Merck & Co.; Oregon LNG; Principle Power Inc.; Quality Electrodynamics; Spacelabs Healthcare; Varian Medical Systems; and Zilkha Biomass Fuels.

The mission will make stops in Tokyo, Japan and Seoul, South Korea.

About AmerisourceBergen
AmerisourceBergen is one of the largest global pharmaceutical sourcing and distribution services companies, helping both healthcare providers and pharmaceutical and biotech manufacturers improve patient access to products and enhance patient care. With services ranging from drug distribution and niche premium logistics to reimbursement and pharmaceutical consulting services, AmerisourceBergen delivers innovative programs and solutions across the pharmaceutical supply channel. With over $100 billion in annualized revenue, AmerisourceBergen is headquartered in Valley Forge, PA, and employs approximately 13,000 people. AmerisourceBergen is ranked #28 on the Fortune 500 list. For more information, go to http://www.amerisourcebergen.com.

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Stephanie Policastro
Tierney Communications
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