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...Over the next 18 years AmerisourceBergen and Cardinal Health will pay $6.4bn each, while McKesson will pay $7.9bn and J&J will pay $5bn....
...The nationwide settlement with J&J and distributors McKesson, Cardinal Health and AmerisourceBergen would end years of litigation against the companies, which have faced lawsuits in states and cities across...
...It also targeted distributors including McKesson, Cardinal Health and Amerisource Bergen....
...The licences are royalty-free for those countries until the World Health Organization declares the end of the Public Health Emergency or a Covid-19 treatment other than remdesivir, or a vaccine, is approved...
...The UK has secured sufficient supplies of remdesivir, according to health officials....
...Weir Group has struck a deal to sell its oil and gas division to Caterpillar Inc in a deal that values the unit at $405m including debt....
...Drug distributor stocks also dropped: Cardinal Health lost 3 per cent to $50.02, McKesson fell 3.1 per cent to $147.56, and AmerisourceBergen was down 1 per cent to $89.64....
..., frozen pizzas launched last year with Oprah Winfrey; and MAX, an attempt to drag the 127-year-old coffee brand Maxwell House into the 21st century....
...Shares in those six companies (Walgreens, Boots Alliance, CVS Health, Express Scripts, Cardinal Health, McKesson, and AmerisourceBergen) had been depressed last year by the very suggestion that Amazon was...
...He pointed to a bright pink pouch of nutty granola from gut health start-up Troo, and a lemon-meringue bar from Flower & White....
...stocks: • Pharmacy benefit management organisation Express Scripts was up 1.5 per cent • Healthcare services provider Cardinal Health rose 5.3 per cent • Health insurer Aetna — which is set to be acquired...
...Chinese state-owned drugmaker Shanghai Pharmaceuticals said on Wednesday it had agreed to pay for $557m for Cardinal Health Inc’s China business, one of the country’s largest drug distributors....
...When US health insurers Aetna and Humana were forced to walk away from their merger in February 2017 after a federal judge blocked the merger, the companies had to unwind a $13bn financing package....
...Mr Henderson has held management positions at both Eli Lilly and General Motors and from 2005 to 2014 served as the chief financial officer of Cardinal Health, a distributor of medical supplies....
...Shares of pharmaceutical chains and drug wholesalers are looking a little green around the gills after US President Donald Trump’s declaration that opioids are a public health emergency and a report that...
...There are three dominant wholesalers, AmerisourceBergen, McKesson and Cardinal Health, with a total market value of $77bn. They distribute 90 per cent of the drugs sold in the US....
...The Celltrion share price has surged 267 per cent in the past six months, handily beating a 127 per cent gain for the Kosdaq market — the junior board on which it trades — in the same period....
...Cardinal Health disclosed on Tuesday a deal to buy Medtronic’s patient care, deep vein thrombosis and nutritional insufficiency businesses for $6.1bn in cash....
...Health; and drugstore chains such as Walgreens and CVS....
...Health....
...In 2015, Cardinal Health acquired Cordis from J&J for about $2bn, adding a portfolio of medical devices, including catheters, filters and stents....
...The company is selling its medical supplies business to Cardinal Health....
...US index futures suggest the S&P 500 will climb 0.3 per cent from its two-month closing low of 2,127....
...J&J has instead focused on “pruning” its medical devices unit, and earlier this year completed the $2bn sale of Cordis, which makes cardiovascular catheters and stents, to Cardinal Health....
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