AmerisourceBergen Extends Long-Term Relationship with Medco Health Solutions, Inc.; Reaffirms Fiscal 2008 Earnings Per Share Expectations; and Provides Guidance for December Quarter

VALLEY FORGE, Pa.--(BUSINESS WIRE)--AmerisourceBergen Corporation (NYSE:ABC) today announced that it has signed a letter of intent with Medco Health Solutions, Inc. confirming the selection of AmerisourceBergen as Medco’s prime vendor for PBM mail-order wholesaler services, pending the completion of a new five-year contract. AmerisourceBergen’s current five-year contract with Medco was due to end March 31, 2008. In fiscal year 2007, the Medco contract represented approximately 8 percent of AmerisourceBergen’s $61.6 billion of operating revenue and approximately 90 percent of its $4.4 billion bulk revenue.
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