AmerisourceBergen, Chesterbrook, Pa., said it would post an after-tax loss of $5 million to $6 million on its $11 million sale of Bridge Medical, a developer of bar-code software for medication, to Cerner Corp., Kansas City, Mo. The final sales price, however, could rise by an undisclosed amount because of performance incentives. AmerisourceBergen, principally a pharmaceutical wholesaler, bought Bridge Medical, Solana Beach, Calif., then an independent company, for about $27 million in 2002. The company said it would take a charge against earnings for its fiscal third quarter ended June 30. The sale will close this month. As part of the agreement, AmerisourceBergen's patient-safety offerings can continue to include Bridge Medical products. Cerner said the acquisition would bolster its point-of-care clinical software tools. -- by Joseph Conn
AmerisourceBergen to take loss on bar-code firm sale
Send us a letter
Have an opinion about this story? Click here to submit a Letter to the Editor, and we may publish it in print.
Recommended for You