Cardinal Health, Inc.

Sector: Drugs Drug Proprietaries And Druggists' Sundries Region: OH, United States

Exchange/Ticker: New York Stock Exchange: CAH

Company Description

Cardinal Health, Inc. is a healthcare services company providing pharmaceutical and medical products and services that help pharmacies, hospitals, surgery centers, physician offices and other healthcare providers focus on patient care while reducing costs, enhancing efficiency and improving quality. The company operates its business through two segments: Pharmaceutical and Medical. The Pharmaceutical segment distributes branded and generic pharmaceutical, over-the-counter healthcare and consumer products through its pharmaceutical distribution business to retailers, hospitals, and other healthcare providers. It also operates nuclear pharmacies and cyclotron facilities that manufacture, prepare and deliver radiopharmaceuticals for use in nuclear imaging and other procedures in hospitals and clinics. This segment retails pharmacies under the Medicine Shoppe and Medicap brands. It also distributes specialty pharmaceutical products and provides services to pharmaceutical manufacturers, third-party payors and healthcare service providers supporting the marketing, distribution and payment for specialty pharmaceutical products. It also provides pharmacy services to hospitals and other healthcare facilities. The Medical segment distributes a broad range of medical, surgical and laboratory products to hospitals, surgery centers, laboratories, physician offices and other healthcare providers. This segment also manufactures sources and develops its own line of private brand medical and surgical products. The company was founded by Robert D. Walter in 1971 and is headquartered in Dublin, OH.

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