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The Cardinal Health Corporation NYSE: CAH is a large USA-based corporation providing services to the healthcare industry.

 

Overview

Headquartered in Dublin, Ohio, Cardinal Health, Inc. (NYSE: CAH) is a $75 billion, global company serving the health-care industry with a broad portfolio of products and services. Through its diverse offering, Cardinal Health delivers integrated health-care solutions that help customers reduce their costs, improve efficiency and deliver better care to patients. The company manufactures, packages and distributes pharmaceuticals and medical supplies, offers a range of clinical services and develops automation products that improve the management and delivery of supplies and medication for hospitals, physician offices and pharmacies. Ranked No. 16 on the Fortune 500, Cardinal Health employs more than 55,000 people on six continents. More information about the company may be found at http://www.cardinalhealth.com.

R. Kerry Clark was appointed as President and CEO on 17 April 2006, with Robert D. Walter retaining the Chairmainship.

Founded in 1971 as Cardinal Foods by Robert D. Walter, it was initially a food wholesaler. Acquiring the Bailey Drug Company in 1979, it began wholesaling drugs as Cardinal Distribution, Incorporated.

Following the introduction of the company on the NASDAQ stock exchange in 1983 it commenced on a long string of acquisitions and mergers that have made it one of the largest corporations in the USA.

As of 2005, it was ranked 16th on the Fortune 500 list.

 

Each day

Each day, Cardinal Health:

  • Manufactures pharmaceuticals for 9 out of the top 10 pharma companies and most leading biotech firms
  • Develops, manufactures and packages more than 500 million doses of pharmaceuticals (6,000 per second)
  • Manufactures more than four million medical/surgical products, including surgical instruments, respiratory products, suction tubing, surgical drapes, gowns and gloves, in 31 facilities worldwide
  • Employs more than 1,800 pharmacists, 1,000 scientists, Ph.Ds
  • Provides more than 1,000 hours of temporary staffing in retail pharmacy chains, hospitals, mail order pharmacies, HMOs, home infusion companies and long-term facilities
  • Makes over 40,000 deliveries of pharmaceutical and medical/surgical products
  • Picks and delivers more than two million pharmaceutical products for 35,000 customers nationwide
  • Holds more than 1,500 patents worldwide
  • Delivers unit-doses of radiopharmaceuticals to 90 percent of U.S. hospitals within 3 hours
 
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