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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....
...Just over 13m people in the most vulnerable categories have had their first dose so far after 411,812 received jabs on Tuesday, according to the latest official figures....
...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....
...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...
...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....
...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....
...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....
...Drug stocks were also affected by disappointing earnings from Lupin of India, and a warning from US drug distributor Cardinal Health that generic drug pricing continues to weaken....
...The company is selling its medical supplies business to Cardinal Health....
...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....
...For Cardinal, an Ohio-based health services group, the acquisition fits its expansion plans in cardiology as well as wound management and orthopedics....
...Three years ago, my younger son received a serious medical diagnosis and we were plunged into the tar pits of American health insurance....
...CareFusion, which was spun out of drug wholesaler Cardinal Health in 2009, makes intravenous infusion pumps for drug delivery....
...For example, Cardinal Health, originally a US pharmaceuticals distributor, made a calculated decision to move into management consulting for hospitals, building on its knowledge of healthcare supply chains...
...There are other offsets including a 10-year joint venture with Cardinal Health, which will form the largest sourcing entity for generic drugs in the US....
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