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McKesson Corp (MCK)

683.11
-33.82 (-4.72%)
NYSE · Last Trade: Apr 4th, 11:36 PM EDT
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Competitors to McKesson Corp (MCK)

AmerisourceBergen

AmerisourceBergen is another major competitor in the pharmaceutical distribution industry, engaging in fierce competition with McKesson for market share in the distribution of pharmaceuticals and healthcare services. The company’s strong relationships with manufacturers and healthcare providers, along with its focus on specialty and generics, enable it to offer competitive pricing and improved service levels. While both companies have significant strengths, AmerisourceBergen’s emphasis on tailored healthcare solutions gives it a slight competitive edge in certain markets.

C.H. Robinson CHRW -2.96%

C.H. Robinson isn't a direct competitor of McKesson in pharmaceuticals but competes in logistics and supply chain management. They serve a variety of industries, including healthcare, which allows them to encroach on McKesson's territory, especially in the healthcare supply chain management space. C.H. Robinson’s advanced logistics technology and comprehensive network give it a competitive advantage in optimizing supply chain efficiency, appealing to healthcare providers seeking improved delivery and cost management.

Cardinal Health CAH -5.44%

Cardinal Health and McKesson compete primarily in the pharmaceutical distribution and healthcare logistics sectors. Both companies provide a wide range of medical products and services, including pharmaceuticals and medical supplies, to hospitals and healthcare providers. Cardinal Health has focused on expanding its specialty pharmaceuticals and improving its technology infrastructure, which has allowed it to compete effectively against McKesson by offering customizable solutions that cater to specific healthcare needs.

Walgreens Boots Alliance WBA -3.16%

Walgreens Boots Alliance competes with McKesson primarily through its retail pharmacy segment and integrated healthcare services. While McKesson mainly focuses on pharmaceutical distribution, Walgreens has a retail visibility that allows it to cater directly to consumers, providing healthcare services and products directly to patients. Walgreens' extensive network of pharmacies enhances its ability to negotiate favorable terms with drug manufacturers, creating a competitive advantage in terms of pricing and customer accessibility.