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CareFusion was created in 2009 as a spinoff of medical technology businesses from Cardinal Health. [1] It began publicly trading on the New York Stock Exchange on September 1, 2009. [ 2 ] Cardinal's core business was drug distribution , a low-margin and low-risk, predictable business, with which the higher-margin, higher-risk medical technology ...
A lot of attention has historically been paid to CareFusion Corporation in the context of its place in the infusion pump oligopoly with Baxter and Hospira . There is a lot more to this story ...
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In October 2007, former employee, Sean Mason, filed a qui tam suit on behalf of the United States against Medline alleging the company the False Claims Act and the Illinois Whistleblower Reward and Protection Act by: 1) providing bribes and kickbacks to healthcare providers; 2) fraudulently inducing the Federal government to agree to improper tracking customers in procurement contracts and ...
Pyxis Corporation was a San Diego company co-founded by Ronald R. Taylor and investor Tim Wollaeger in 1987. The company is the first to develop MedStation products in 1990 and is also a market leader for automated medication management, [1] developing an automated dispensing cabinet under the name Pyxis.
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Hospira was an American global pharmaceutical and medical device company with headquarters in Lake Forest, Illinois.It had approximately 19,000 employees. [1] Before its acquisition by Pfizer, Hospira was the world's largest producer of generic injectable pharmaceuticals, [2] manufacturing generic acute-care and oncology injectables, as well as integrated infusion therapy and medication ...
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