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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.
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In 1996, Cardinal Health acquired PCI of Philadelphia, Pennsylvania, a pharmaceutical contract packing service for commercial and clinical packaging. [3] [4]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.
Dublin City Schools could be purchasing a part of Cardinal Health’s headquarters for education purposes — like a fourth high school.
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.
Shares of the Ohio-based company were up 7% at $109.85 in premarket trading. The company now expects 2025 adjusted earnings per share of $7.55 to $7.70, compared with its previous forecast of at ...
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