Equity Method Investments

Our equity method investments enable us to extend our healthcare solutions and convenience offering to the communities we serve.

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Strategic Investments

AmerisourceBergen Corporation

AmerisourceBergen Corporation, headquartered in Valley Forge, Pennsylvania, U.S., 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. Walgreens Boots Alliance owns approximately 27 percent of AmerisourceBergen**. The net earnings attributable to this investment are classified within the operating income of the company’s Pharmaceutical Wholesale segment.

Our company has additional equity method investments** including in the following companies:

Guangzhou Pharmaceuticals Corporation

Guangzhou Pharmaceuticals Corporation is one of the largest* pharmaceutical wholesalers in China, based in the Guangdong province of China.

Nanjing Pharmaceutical Company Limited

Nanjing Pharmaceutical Company Limited, is one of the largest* pharmaceutical wholesalers in China, based in the Jiangsu province of China. The company is listed on the Shanghai Stock Exchange.

Sinopharm Holding GuoDa Drugstores Co., Ltd.

GuoDa is a leading retail pharmacy chain in China with more than 3,800 retail pharmacies across around 70 cities. Headquartered in Shanghai, it employs close to 20,000 people and was established in March 2004***.

Option Care Health, Inc.

Option Care Health, Inc., is the largest independent home and alternate site infusion services provider in the United States.

PharMerica Corporation

Headquartered in Louisville, Kentucky, PharMerica Corporation is a leading provider of institutional and community-based pharmacy services. The company serves the long-term care, senior living, hospital, home infusion, behavioral, specialty and oncology pharmacy markets, operating 96 institutional pharmacies, 20 specialty home infusion pharmacies and five specialty oncology pharmacies in 45 states.

*Based on publicly available information, sourced August 31, 2019.
**Based on shares outstanding as of August 31, 2019.
***Based on publicly available information, sourced July 5, 2019.