Pharmaceuticals distributor and medical products supplier Cardinal Health (NYSE:CAH) plans to make $90 million in acquisitions this year to boost its business in China.Dublin, Ohio-based Cardinal entered the Chinese market with the $470 million acquisition in 2010 of Chinese drug distributor Yong Yu.var page_count = “off”; [...]
[Read more of this report]Medical products supplier Cardinal Health (NYSE:CAH) has released a new surgical mask that offers a better fit and features “fog-reduction technology.”Cardinal’s Smart-Seal surgical mask features a “cinch-and-hug,” single-tie design that creates a custom seal around the wearer’s nose and mouth, according to a statement from Dublin, Ohio-based Cardinal.var page_count = “off”; [...]
[Read more of this report]Pharmaceuticals distributor Cardinal Health (NYSE:CAH) has launched a web-based tool to help rheumatology practices better manage infusion therapy patients.Cardinal’s new InfusaTrack software is designed to make it easier for community rheumatology practices to offer in-office infusion therapy, which involves administering medication through a needle or catheter for patients whose conditions are too severe to be [...]
[Read more of this report]Facing increased scrutiny from Canadian regulators, Cardinal Health (NYSE:CAH) has been forced to push back the expiration date of its $165 million offer to buy medical products supplier Futuremed Healthcare Products.The offer was originally set to expire today, Dec. 20, but has now been extended until Feb. 6, according to a statement from the two [...]
[Read more of this report]Health products distributor Cardinal Health (NYSE:CAH) has topped a list of the top healthcare supply chain groups from influential research firm Gartner.Gartner’s Healthcare Supply Chain Top 25 ranking is based primarily on two metrics: quantitative measures such as financial data and the opinions of industry peers and analysts, according to a statement from Gartner.The rankings [...]
[Read more of this report]Cardinal Health (NYSE:CAH) is staring down its top two competitors for a U.S. Department of Veterans Affairs (VA) drug distribution contract that could be worth up to $32 billion.In January, Dublin, Ohio-based Cardinal should know whether it or AmerisourceBergen (NYSE:ABC) or McKesson (NYSE:MCK) has won the giant VA contract, Bloomberg News reported.Since 2004, McKesson has [...]
[Read more of this report]For pharmaceuticals distributor Cardinal Health (NYSE:CAH), China represents a world of opportunity.Now — after the $470 million acquisition last year of Chinese drug distributor Yong Yu and the recent opening of a new logistics center in Shanghai — Cardinal just needs to figure out which of those opportunities to pursue.In addition to growing its drug [...]
[Read more of this report]Cardinal Health (NYSE:CAH) has teamed up with an East Coast insurer to launch a best clinical practices care program for patients suffering from rheumatoid arthritis.Cardinal’s partnership with CareFirst BlueCross BlueShield involves adding rheumatoid arthritis (RA) to its P4 clinical pathways program, an initiative that helps insurers and physicians to work together to develop evidence-based [...]
[Read more of this report]Pharmaceuticals distributor Cardinal Health (NYSE:CAH) reported increased, adjusted first-quarter earnings, but investors showed only modest enthusiasm as the company’s full-year outlook remained the same.Cardinal reported adjusted earnings from continuing operations of $256 million, or 73 cents per diluted share, compared with $231 million or 66 cents per diluted share a year earlier, according to a [...]
[Read more of this report]Cardinal Health (NYSE:CAH) has acquired for $165 million a Canadian medical products supplier that focuses on selling to nursing homes.The purchase of Futuremed Healthcare Products strengthens Dublin, Ohio-based Cardinal’s presence in Canada and offers Cardinal new customers for its existing medical products.Futuremed specializes in selling consumable nursing home supplies and furniture, and equipment to long-term [...]
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