McKesson Corporation

McKesson Corporation is an American company distributing pharmaceuticals and providing health information technology, medical supplies, and care management tools. The company delivers a third of all pharmaceuticals used in North America and employs over 78,000 employees. McKesson had revenues of $238.2 billion in its fiscal year ending March 31, 2021.

McKesson Corporation
Formerly
  • Olcott (1828-1833)
  • Olcott & McKesson (1833–1853)
  • McKesson & Robbins (1853–1967)
  • McKessonHBOC (1999–2001)
Company typePublic
IndustryHealthcare
FoundedNew York City, United States
1833 (1833)
Founders
Headquarters,
United States
Key people
Brian S. Tyler (CEO)
Products
Revenue US$276.71 billion (2023):70
US$4.38 billion (2023):70
US$3.56 billion (2023):70
Total assets US$62.32 billion (2023):72
Total equity US$−1.49 billion (2023):72
Number of employees
c.51,000 (2023):9
Subsidiaries
WebsiteMcKesson.com

McKesson is based in Irving, Texas, and distributes health care systems, medical supplies and pharmaceutical products. Additionally, McKesson provides extensive network infrastructure for the health care industry; also, it was an early adopter of technologies like bar-code scanning for distribution, pharmacy robotics, and RFID tags. The company has been named in a federal lawsuit for profiting from the opioid epidemic in the United States.

Throughout the COVID-19 pandemic, McKesson was a key vaccine distributor, serving as the U.S. government's centralized distributor for hundreds of millions of COVID-19 vaccine doses and ancillary supply kits for over 1 billion doses across the United States.

As of 2023, McKesson was ranked #9 on the Fortune 500 rankings of the largest United States corporations. As of 2023, they had revenues of $276 billion.

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