Henry Schein Named to Fortune® Magazine’s ‘Change the World’ List
September 21 2020 - 8:05AM
Business Wire
Company Recognized for Its Role as
Co-Founder and Private Sector Lead of the Pandemic Supply Chain
Network
Henry Schein, Inc. (Nasdaq: HSIC) announced today that it has
been named to FORTUNE® magazine’s "Change the World" list, an
annual ranking of companies that have had a positive social impact
through activities that are part of their core business strategy.
Henry Schein was recognized for its role in helping to create the
Pandemic Supply Chain Network (PSCN), a public-private partnership
aimed at saving lives by strengthening the resilience of the global
health supply chain in response to pandemics. Henry Schein serves
as the PSCN’s private sector lead.
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The PSCN, co-founded by Henry Schein, is a public-private
initiative that brings together the private sector and global
organizations – including the World Health Organization, World
Economic Forum, the United Nations World Food Programme, the World
Bank, the U.S. Centers for Disease Control, UNICEF, and
approximately 60 health care manufacturers and suppliers – to
embrace a common commitment to a cause. Since the PSCN’s inception,
Henry Schein, as private sector lead, has worked intensively to
develop a platform for data sharing, market visibility, and
operational coordination for health care products to more
effectively match global demand with global supply. The trust-based
relationships built between sectors through the PSCN has been
crucial in enabling the sharing of information and facilitating the
ability of key stakeholders to navigate together the supply chain
challenges caused by global pandemics.
“Henry Schein is driven by a sense of purpose and mission, and
we are honored to be named to FORTUNE® magazine’s ‘Change the
World’ list for our enduring commitment to these values,” said
Stanley M. Bergman, Chairman of the Board and Chief Executive
Officer of Henry Schein. “Since our founding in 1932, Henry Schein
has been guided by the belief that we can align our strengths as a
business with the needs of society to make a positive difference.
Through the Pandemic Supply Chain Network, we have had the
opportunity to work with leaders from all sectors of society to
help create a safer world through more effective pandemic
preparedness and response.”
Since the onset of the COVID-19 pandemic in late 2019, the PSCN
has taken an active role in developing critical tools to strengthen
the supply chain, including advocacy, procurement, and product
recommendations. Henry Schein’s long-term leadership in the PSCN
enabled the Company to deploy insights in response to the COVID-19
pandemic, specifically advocating for and disseminating guidelines
for proper usage of personal protective equipment (PPE) to
promoting the judicious use of PPE. The Company’s collaboration
with its PSCN partners reinforces Henry Schein’s commitment to
public-private partnerships as a means of addressing complex
societal issues.
FORTUNE® magazine’s “Change the World” list celebrates companies
and leaders that embrace corporate purpose and recognize how it can
add value to business and society. FORTUNE® evaluates the companies
by measurable social impact, business results, degree of
innovation, and corporate integration. To view the entire list,
please visit: https://fortune.com/change-the-world/.
About Henry Schein, Inc.
Henry Schein, Inc. (Nasdaq: HSIC) is a solutions company for
health care professionals powered by a network of people and
technology. With approximately 19,000 Team Schein Members
worldwide, the Company's network of trusted advisors provides more
than 1 million customers globally with more than 300 valued
solutions that improve operational success and clinical outcomes.
Our Business, Clinical, Technology, and Supply Chain solutions help
office-based dental and medical practitioners work more efficiently
so they can provide quality care more effectively. These solutions
also support dental laboratories, government and institutional
health care clinics, as well as other alternate care sites.
Henry Schein operates through a centralized and automated
distribution network, with a selection of more than 120,000 branded
products and Henry Schein private-brand products in stock, as well
as more than 180,000 additional products available as special-order
items.
A FORTUNE 500 Company and a member of the S&P 500® index,
Henry Schein is headquartered in Melville, N.Y., and has operations
or affiliates in 31 countries. The Company's sales from continuing
operations reached $10.0 billion in 2019, and have grown at a
compound annual rate of approximately 13 percent since Henry Schein
became a public company in 1995.
For more information, visit Henry Schein at www.henryschein.com,
Facebook.com/HenrySchein, and @HenrySchein on Twitter.
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version on businesswire.com: https://www.businesswire.com/news/home/20200921005408/en/
Ann Marie Gothard, Vice President, Corporate Media Relations,
Annmarie.gothard@henryschein.com, (631) 390-8169
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