Cardinal Health Inc - Company Profile
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Business Description
Cardinal Health Inc (Cardinal Health) provides pharmaceutical and medical products and services to hospitals, physician offices and pharmacies. The company is also one of the leading manufacturers of medical and surgical products including gloves, surgical apparel and fluid management products. The company reports its operations under two segments: Pharmaceutical and Medical.
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R&D Overview
The company’s research and development activities focus majorly on developing specialty drugs in the field of precision oncology, such as immunotherapy, gene therapy and molecular-targeted therapy. These developments will have a long-term impact on community oncology care. Furthermore, as more biosimilars are approved in the US, the potential for these medicines to substantially cut healthcare costs will have a significant impact.
Business Segments
Overview
-Distributes a broad range of national and Cardinal Health branded medical, surgical and laboratory products to hospitals, surgery centers, laboratories, physician offices and other healthcare providers in the US, Canada and China. -Develops, manufactures and sources its own line of medical and surgical products under Cardinal Health brand. -Major products under the segment include single-use surgical drapes, gowns and apparel; exam and surgical gloves; fluid suction and collection systems; cardiac and endovascular products; wound care products and orthopedic products. -Also assembles and offers sterile and non-sterile procedure kits. Besides medical devices, the segment provides supply chain services, including spend management, distribution management and inventory management services to healthcare providers. -Offers software to hospitals; other healthcare providers and payers that help manage the complex processes of patient discharge from an acute-care facility.
Performance
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Overview
-Distributes branded and generic pharmaceuticals, over-the-counter healthcare, and consumer products; and specialty pharmaceutical products for other third party customers. -Supplies products to hospitals, other healthcare providers and retailers including chain, independent drug stores, pharmacy departments of supermarkets and mass merchandisers. -Produces and repackages generic pharmaceuticals and over-the-counter healthcare products. Its services include distribution, inventory management, data reporting, new product launch support, contract pricing and chargeback administration to pharmaceutical manufacturers. -Provides pharmacy operations, medication therapy management and patient outcome services to hospitals and other healthcare providers. -Also operates nuclear pharmacies and radiopharmaceutical manufacturing facilities, which prepare and deliver radiopharmaceuticals for use in nuclear imaging and other procedures in hospitals and clinics.
Performance
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Geographical Segments
Performance
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Performance
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