Bindley Western Industries, Inc. - BDY- Profile

Bindley Western Industries Inc. is a distributor of pharmaceuticals and related products. The company sells ethical pharmaceuticals, health and beauty care products and home health care merchandise in a wholesale capacity. The company distributes its products to chain drug companies who operate their own warehouses, individual drug stores, hospitals, clinics and other health care providers. Bindley services customers in over 14 states through its 18 distribution centres located throughout the United States. The company operates in two segments, BWI and Nuclear pharmacy. BWI segment specializes in the distribution of pharmaceuticals and related healthcare products to chain drug companies, drug stores, supermarkets, mass retailers, hospitals, clinics, HMOs, state and federal government agencies and other healthcare providers. Priority segment distributes speciality pharmaceuticals and related medical supplies to alternate site healthcare market and provides patient-specific, self-injectable biopharmaceuticals and disease treatment programs for individuals with chronic diseases. Nuclear Pharmacy segment prepares and delivers unit dose radiopharmaceuticals for use in nuclear imaging procedures in hospitals and clinics. The company acquired Premier Pharmacy Services in 2000. Distribution of pharmaceuticals and related healthcare products accounted for 100% of 1999 revenues and nuclear pharmacy, nominal.