McKesson History 1833 - 1995

1833

1850 - 1970

1970 - 1990

1995

• Company founded as McKesson to deliver medicinals to New York apothecaries

• Nationwide

pharma distribution

as McKesson &

Robbins

• 1970: EconoMost,

first computerized

order entry system

Diversification into broad range of distribution:

• Foremost Dairies

• McKesson Wine & Spirits

• McKesson Water

Products (Alhambra)

• Armor All

• McKesson Chemicals

• Millbrook Distribution

Services

• California Culinary

Academy

Divestiture of most non-healthcare assets

Sale of PCS to Eli Lilly for $4 billion provides impetus for focus on healthcare:

• $12 billion drug

distributor focused

primarily on independent

pharmacies

• Armor All, Millbrook and

Water Products only

remaining non-

healthcare businesses

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