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Cardinal Health, Inc. is an American multinational health care services company, and the 14th highest revenue generating company in the United States. Headquartered in Dublin, Ohio , the company specializes in the distribution of pharmaceuticals and medical products, serving more than 100,000 locations.
Cardinal Health, however, expects pharmaceutical unit revenue to decline 4% to 6% in fiscal 2025, anticipating a hit from the loss of contracts with UnitedHealth Group's pharmacy benefit ...
In 1996, Cardinal Health acquired PCI of Philadelphia, Pennsylvania, a pharmaceutical contract packing service for commercial and clinical packaging. [2] [3]In 1998, Cardinal Health acquired R.P. Scherer Corporation of Troy, Michigan for $2.2 billion; it was founded by Robert Pauli Scherer to commercialize his innovation of softgel encapsulation using the rotary die production process.
He retired from Cardinal Health at the end of the 2008 fiscal year. [11] In 2016, after serving on the board since 2006, he was named non-executive chairman of Louisville based Yum! Brands, the parent company of KFC, Pizza Hut and Taco Bell. [12] Walter previously served as a director of American Express, Nordstrom, CBS, Viacom and Westinghouse ...
The Optum contracts, signed in 2015, contributed 16% of Cardinal's total revenue in fiscal year 2023, but the bulk of the shipments mainly comprised non-specialty medicines, Cardinal Health said.
The deal gives Cardinal Health's cancer-focused unit Navista access to a network of more than 100 healthcare providers across 10 states in the U.S. The Dublin, Ohio-based company is the latest to ...