Profile: Cardinal Health Inc (CAH)
29 Jul 2016
Cardinal Health, Inc., incorporated on May 16, 1979, is a healthcare services and products company. The Company operates in two segments: Pharmaceutical and Medical. The Company also provides medical products to patients in the home.
In the United States, the Company's Pharmaceutical segment distributes branded and generic pharmaceutical, over-the-counter healthcare and consumer products through its Pharmaceutical Distribution division to retailers (including chain and independent drug stores and pharmacy departments of supermarkets and mass merchandisers), hospitals and other healthcare providers. The division maintains prime vendor relationships that streamline the purchasing process; renders services to pharmaceutical manufacturers, including distribution, inventory management, data reporting, new product launch support, and contract pricing and chargeback administration; provides pharmacy operations, medication therapy management and patient outcomes services to hospitals and other healthcare providers, and manufactures and repackages generic pharmaceuticals and over-the-counter healthcare products. The Pharmaceutical segment operates nuclear pharmacies and cyclotron facilities through its Nuclear Pharmacy Services division that manufacture, prepare and deliver radiopharmaceuticals for use in nuclear imaging and other procedures in hospitals and physician offices. It distributes specialty pharmaceutical products, provides services to pharmaceutical manufacturers, third-party payors and healthcare providers supporting the development, marketing, distribution and payment for specialty pharmaceutical products, and provides specialty pharmacy services through its Specialty Solutions division. In China, the Pharmaceutical segment distributes branded, generic and specialty pharmaceutical, over-the-counter healthcare and consumer products, provides logistics, marketing and other services and operates direct-to-patient specialty pharmacies through Cardinal Health China.
The Company's Medical segment distributes a range of national brand and its own Cardinal Health brand medical, surgical and laboratory products and provides services to hospitals, ambulatory surgery centers, clinical laboratories and other healthcare providers in the United States, Canada and China and to patients in the home in the United States through its Cardinal Health at Home division. The Company's Medical segment also manufactures, sources and develops its, Cardinal Health brand medical and surgical products. Its manufactured products include single-use surgical drapes, gowns and apparel; exam and surgical gloves; fluid suction and collection systems; cardiovascular products; wound care products, and orthopedic products. The Company's manufactured products are sold directly or through third-party distributors in the United States, Canada, Europe and other regions internationally. This segment also assembles and offers sterile and non-sterile procedure kits. In addition, the segment provides supply chain services, including spend management, distribution management and inventory management services to healthcare providers.
The Company competes with McKesson Corporation, AmerisourceBergen Corporation, Owens & Minor, Inc. and Medline Industries, Inc.
Cardinal Health Inc
7000 Cardinal Pl
DUBLIN OH 43017-1091
Company Web Links
- BRIEF-Cardinal Health enters into amended and restated 5-yr credit agreement
- BRIEF-Cardinal Health to prepare NETSPOT doses for Advanced Accelerator Applications
- BRIEF-Biosensors announces strategic agreement with Cardinal Health
- BRIEF-Cardinal Health board approves 16 pct raise in quarterly dividend
- Exclusive: Lonza in bid to acquire Catalent - sources