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AmerisourceBergen, Cardinal Health & McKesson Announce Proposed Opioid Settlement Agreement
Cardinal Health Nuclear & Precision Health Solutions Receives U.S. Food And Drug Administration Approval For New Lymphoseek Pediatric Indication
Cardinal Health Reports Q3 Revenue $39.3 bln
Cardinal Health, Inc. is a healthcare services and products company. The Company operates through two segments: Pharmaceutical and Medical. The Pharmaceutical segment distributes branded and generic pharmaceutical, specialty pharmaceutical, over-the-counter healthcare and consumer products. This segment also operates nuclear pharmacies and cyclotron facilities; provides pharmacy management services to hospitals, as well as medication therapy management and patient outcomes services to hospitals, other healthcare providers and payers, and provides services to healthcare companies. The Medical segment distributes a range of medical, surgical and laboratory products, and provides services to hospitals, ambulatory surgery centers, clinical laboratories and other healthcare providers. This segment also manufactures, sources and develops its own Cardinal Health brand medical and surgical products. It provides post-acute care management and transition services, and software to hospitals.
Biotechnology & Drugs
7000 Cardinal Pl
Gregory B. Kenny
Independent Non-Executive Chairman of the Board
Michael C. Kaufmann
Chief Executive Officer, Director
Jason M. Hollar
Chief Financial Officer
Victor L. Crawford
Chief Executive Officer - Pharmaceutical Segment
Stephen M. Mason
Chief Executive Officer - Medical Segment
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A group of state attorneys general unveiled on Wednesday a landmark $26 billion settlement with large drug companies for allegedly fueling the deadly nationwide opioid epidemic, but the deal still requires support from thousands of local governments.
The three largest U.S. drug distributors, facing their first trial over claims that they fueled the opioid crisis, said responsibility for ballooning painkiller sales lies with doctors, drugmakers and regulators.
The three largest U.S. drug distributors are facing trial on Monday in West Virginia in a lawsuit accusing them of fueling the opioid crisis that has resulted in 500,000 overdose deaths in the United States over two decades.
The nation's "Big Three" leading drug distributors have failed to escape a lawsuit by the city of Huntington, West Virginia, and its county seeking to hold them liable for harms caused by the opioid epidemic.
Cardinal Health Inc will sell its Cordis medical device business to private equity firm Hellman & Friedman in a deal valued at about $1 billion, the drug distributor said on Friday.
Drug distributor Cardinal Health Inc said on Friday it would sell its Cordis medical device business to private equity firm Hellman & Friedman in a deal valued at about $1 billion. (Reporting by Manas Mishra in Bengaluru; Editing by Sriraj Kalluvila)
* DAVE EVANS TO JOIN CARDINAL HEALTH BOARD OF DIRECTORS Source text for Eikon: Further company coverage:
Robbins Geller Rudman & Dowd has beat out two other top plaintiffs firms for the job of lead counsel in a proposed class action alleging Cardinal Health Inc misled investors about problems at a medical device maker it bought.
* CARDINAL HEALTH INC - SENDING IRREVOCABLE NOTICE OF EARLY REDEMPTION TO HOLDERS OF CO'S $500 MILLION 4.625% NOTES DUE 2020
* CARDINAL HEALTH - SEES MID-SINGLE DIGIT PERCENTAGE DECLINE IN 2020 PHARMACEUTICAL SEGMENT PROFIT - PRESENTATION Source text for Eikon: Further company coverage:
* CARDINAL HEALTH REPORTS THIRD QUARTER RESULTS FOR FISCAL YEAR 2020
* CARDINAL HEALTH - JASON HOLLAR WILL RECEIVE A BASE SALARY OF $700,000 Source text for Eikon: https://bit.ly/2IYvLGH Further company coverage:
* CARDINAL HEALTH NAMES JASON HOLLAR AS NEW CHIEF FINANCIAL OFFICER
The top in-house intellectual property lawyer at drug wholesaler and medical supplier Cardinal Health Inc has moved to Arent Fox, the law firm said on Tuesday.
Cardinal Health 200 LLC, a unit of Cardinal Health Inc <CAH.N>, has been awarded a maximum $2.25 billion modification for a contract with the Defense Logistics Agency for ordering and distribution of medical surgical supplies, the Pentagon said on Thursday.
Cardinal Health Inc.'s top in-house lawyer's compensation for 2019 totaled nearly $3 million, according to a proxy the drug distributor has filed with the U.S. Securities and Exchange Commission.
Drug distributor Cardinal Health Inc warned on Tuesday that its business could be hurt as it defends itself against several opioid-related lawsuits.
Drug distributor Cardinal Health Inc warned on Tuesday that its business could take a hit as it defends itself against a host of opioid-related lawsuits.
Drug wholesalers AmerisourceBergen Corp <ABC.N>, McKesson Corp <MCK.N> and Cardinal Health Inc <CAH.N> have proposed a $10 billion settlement for claims that they played a part in the U.S. opioid epidemic, Bloomberg reported on Tuesday, citing people familiar with negotiations...
Cardinal Health Inc has lost a bid to avoid turning over the results of a 2008 audit of its system for identifying suspicious drug orders to lawyers for two Ohio counties who claim the drug wholesale distributor helped fuel the opioid epidemic.
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