CAKFY McKesson Europe AG
OTCHealthcareAs of 2023-02-14 11:42
Why CAKFY matters now
McKesson Europe AG (CAKFY) is a US stock in Healthcare. The latest InvestLog snapshot shows $4.10 with +0.00% on the session and $5.37B in market capitalization.
Company Info
Sector
Healthcare
Industry
Medical - Distribution
Country
DE
Exchange
OTC
Beta
0.13
McKesson Europe AG is a global provider of logistics and a variety of services to the pharmaceutical and healthcare industries. Its operations are structured into two main segments: Pharmaceutical Distribution and Retail Pharmacy. The Pharmaceutical Distribution arm focuses on the wholesale supply of medicines and other health-related products. It reaches approximately 40,000 pharmacies and hospitals via 90 wholesale branches and manages 70 distribution centers across Europe. Meanwhile, the Retail Pharmacy division oversees roughly 2,000 company-owned pharmacies and collaborates with around 8,000 partners through its brand program. Under the Lloyds Pharmacy brand, this segment also delivers outpatient medication services, e-commerce solutions, and home care, principally in Belgium, Ireland, Italy, and the United Kingdom. Its offerings extend to traditional prescription drugs, over-the-counter (OTC) items, and various medical services. Furthermore, it supports pharmacists by organizing and managing pharmacy cooperation initiatives in Great Britain, France, Portugal, and Belgium. Established in 1835, the company's roots trace back to its former identity, Celesio AG, before rebranding as McKesson Europe AG in September 2017. Headquartered in Stuttgart, Germany, it operates as a subsidiary of McKesson Corporation.