Cardinal Health, Inc.

Cardinal Health, Inc.

Cardinal Health, Inc.

Overview
Date Founded

1971

Headquarters

7000 CARDINAL PLACE, DUBLIN, OH, 43017, USA

Type of Company

Public

Employees (Worldwide)

47.3K

Industries

Wholesale: Consumer Non-Durables/Sundries
Wholesale: Medical Supplies & Pharmaceuticals
Other Transportation
Medical Products & Equipment
Hospitals & Patient Services
Pharmaceuticals
Medical Support Services

Company Description

Cardinal Health, Inc. is a healthcare services and products company, which engages in the provision of customized solutions for hospitals, healthcare systems, pharmacies, ambulatory surgery centers, clinical laboratories, and physician offices. It also provides medical products and pharmaceuticals and cost-effective solutions that enhance supply chain efficiency. The firm operates through the following segments: Pharmaceutical and Medical. The Pharmaceutical segment distributes branded and generic pharmaceutical, specialty pharmaceutical and over-the-counter healthcare and consumer products. The Medical segment manufactures, sources and distributes cardinal health branded medical, surgical, and laboratory products. Cardinal Health was founded by Robert D. Walter in 1971 and is headquartered in Dublin, OH.

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Executives & Employees

Director & Chief Executive Officer

President & Chief Operating Officer

Chief Financial Officer

Chief Legal & Compliance Officer

Senior Vice President, Chief Accounting Officer & Controller

Chief Human Resources Officer

Senior Vice President & General Manager for the Scientific Products & Drug Delivery Businesses

Chief Executive Officer, Medical Segment

President, Global Manufacturing & Supply Chain

President, Pharmaceutical Distribution & the Medicine Shoppe International, Inc

Board of Directors

President at General Cable Technologies Corp.

Former President & Chief Executive Officer at Health Care Service Corp.

Operating Advisor at Clayton Dubilier & Rice LLC

Former Interim Chief Financial Officer at Cardinal Health, Inc.

Vice President at Rochester Medical Corp.

Former Associate at Charles River Associates (Asia Pacific) Ltd.

Director & Chief Executive Officer at Cardinal Health, Inc.

Former Chief Executive Officer at Humacyte Global, Inc.

Former Chief Financial Officer at Cardinal Health, Inc.

Former Chief Executive Officer at Avery Dennison Corporation

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Cardinal Health, Inc.
Owners & Shareholders
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SAAMCo provides investment management and advisory services to the registered fund (Subsidiary) by overseeing a sub-adviser who provides day-to-day portfolio management services to both the Subsidiary and the corresponding investment companies (Registered Funds). There is currently one Subsidiary for which SAAMCo provides such investment management and advisory services, the Commodity Strategy Subsidiary. SAAMCo’s Commodity Strategy Subsidiary seeks to achieve long-term total return by investing in a combination of commodity-linked derivative instruments, including commodity futures, swaps, options and options on futures. These investments provide exposure to the return of real assets that trade in the commodities markets without direct investment in physical commodities. Real assets include, but are not limited to, such things as industrial and precious metals, gas, oil, livestock, agricultural or meat products, among others.

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Camber Capital Management seeks to generate capital appreciation without regard to current income by investing primarily in publicly-traded common stocks of healthcare companies across a variety of industries including healthcare services and facilities, pharmaceuticals, medical products and devices and biotechnology. Although most of their investments are within the healthcare industry, the firm may occasionally invest in other sectors if more attractive opportunities are identified. Camber Capital Management employs a fundamental, bottom-up research approach designed to identify high-quality companies whose inherent value is not adequately reflected in a company's market valuation.

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MHI uses charting, fundamental analysis, technical analysis and risks for all forms of analysis in formulating their investment advice and/or managing client assets. The firm uses one or more of the following strategies in managing client accounts, provided that such strategies are appropriate to the needs of the client and consistent with the client’s investment objectives, risk tolerance, and time horizons, among other considerations. Their investment strategies include long-term purchases; short term purchases; trading; margin transactions; and option writing. They purchase securities with the intent to hold them in the client’s account for a year or longer. They typically employ long-term purchases when they believe the securities to be currently undervalued and/or they want exposure to a particular asset class over time.

Recent Transactions
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Cardinal Health, Inc. purchases mscripts LLC

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Cardinal Health, Inc. purchases Mirixa Corp.

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Shanghai Pharmaceuticals Holding Co., Ltd., Shanghai Pharma Century Global Ltd. purchase Cardinal Health (L) Co., Ltd. from Cardinal Health, Inc.

Insider Transactions
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Transaction Advisors
Legal Advisor

Advised onCardinal Health, Inc. purchases Allegiance Corp.

Legal Advisor

Advised on purchases CareFusion Corporation from Cardinal Health, Inc.

Accountant

Advised onCardinal Health, Inc. purchases CareFusion 303, Inc.

Legal Advisor

Advised on purchases CareFusion Corporation from Cardinal Health, Inc.

Legal Advisor

Advised onCardinal Health, Inc. purchases Cordis Corporation from Johnson & Johnson

Legal Advisor

Advised onCardinal Health, Inc. purchases Cordis Corporation from Johnson & Johnson

Advisors & Consultants
Legal Advisor

Partner at Jones Day

Legal Advisor

Partner at Jones Day

Advisor

Former President at Cardinal Health Systems, Inc.

Clients

CVS Health Corp. engages in the provision of health care services. It operates through the following segments: Pharmacy Services, Retail or Long Term Care, Health Care Benefits, and Corporate/Other. The Pharmacy Services segment offers pharmacy benefit management solutions. The Retail or Long Term Care segment includes selling of prescription drugs and assortment of general merchandise. The Health Care Benefits segment offers traditional, voluntary and consumer-directed health insurance products and related services, including medical, pharmacy, dental, behavioral health, medical management capabilities. The Corporate/Other segment involves in providing management and administrative services. The company was founded by Stanley P. Goldstein and Ralph Hoagland in 1963 and is headquartered in Woonsocket, RI.

UnitedHealth Group Incorporated is an American multinational managed healthcare and insurance company based in Minnetonka, Minnesota. It offers health care products and insurance services. In 2020, it was the second-largest healthcare company (behind CVS Health) by revenue with $257.1 billion, and the largest insurance company by net premiums. UnitedHealthcare revenues comprise 80% of the Group's overall revenue. The company is ranked 7th on the 2020 Fortune 500. UnitedHealth Group has a 2020 market value $332.885 billion.

Covetrus, Inc. engages in developing technologies and services for animal health industry. It also provides products, software, and services to help drive improved patient health, strong client relationships and successful financial outcomes for veterinary professionals. The firm geographically operates through the segments: North America, Europe and Asia Pacific (APAC) & Emerging Markets. The company was founded by Benjamin J. Shaw in 2014 and is headquartered in Portland, ME.

Key Stats and Financials As of 2021
Market Capitalization
$14B
Total Enterprise Value
$20.1B
Earnings Per Share
$2.08
Revenue
$162B
EBITDAMargin
1.61%
Enterprise Value / Sales
0.12x
Enterprise Value EBITDAOperating
7.48x
TEVNet Income
32.89x
Debt TEV
0.33x
EBITDA
$2.62B
Total Debt
$6.72B
Three Year Compounded Annual Growth Rate Of Revenue
5.9%
Net Profit
$611M
Total Equity
$1.79B
Political Donations
$500
2002
Investments
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Vineti, Inc. develops software for scaling and digital solutions for cell and gene therapies. The firm focuses on enabling life changing autologous therapies, supporting standards, and developing infrastructure that will expand patient access through expedited discovery, delivery and regulation in the field. The company was founded by Heidi Hagen, Malek Faham, Amy DuRoss and Razmik Abnous and is headquartered in Menlo Park, CA.

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Aver, Inc. provides healthcare reimbursement process. It offers avercloud, informatics and formulary and converge. The firm focuses on episode design and flexible data aggregation. The company was founded by Kurt Brenkus and Matt Frohliger in 2010 and is headquartered in Columbus, OH.

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Kew, Inc. provides oncology services. It provides multiple services to oncologists to assist in treatment decisions for cancer patients and offers genomic testing for patient tumor samples and genomic information important to diagnostic and treatment decisions that assist physicians and are detailed in cancer-specific Therapeutic Pathways. The company was founded by Richard Bohmer, Viren Mehta, Clayton Matt Christensen, Jeffrey Elton, Mason Freeman, John P. Glaser, H. Robert Horvitz, Bruce Johnson, Kathy Behrens Wilsey and Raju S. Kucherlapat in 2009 and is headquartered in Cambridge, MA.

Investors
Details Hidden

Founder at Equity Dynamics, Inc.

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President at Keystone Group LP

Suppliers
Aceto Corp. Chemicals | Port Washington, NY

Aceto functions as a virtual manufacturing company, distributing more than 1,100 chemical compounds used principally as raw materials or finished products. With business operations in nine countries, Aceto’s global reach is distinctive in the industry, enabling the Company to source and supply quality products on a worldwide basis. Leveraging local professionals, Aceto sources more than two-thirds of its products from Asia, buying from approximately 500 companies in China and 200 in India.

Akorn, Inc. Agriculture & Mills | Lake Forest, IL

Akorn is a niche generic pharmaceutical company engaged in the development, manufacture and marketing of multi-source and branded pharmaceutical products in the areas of ophthalmology, antidotes, anti-infectives, and controlled substances for pain management and anesthesia in the United States and across the globe. Our customers include physicians, optometrists, hospitals, surgery centers, clinics, long-term care, wholesalers, group purchasing organizations, retail pharmacies, and other pharmaceutical companies. Akorn is committed to serving our customers by providing an extensive line of affordable, safe and efficacious pharmaceuticals in the following markets: Ophthalmologic Pharmaceuticals: Solutions, Ointments, Gels, and Injectables The Company’s Ophthalmic segment markets diagnostic products, including mydriatics and cycloplegics, anesthetics, topical stains, gonioscopic solutions, and angiography dyes, which are used in the office setting. We also sell therapeutic products, such as antibiotics, anti-infectives, steroids, steroid combinations, glaucoma medications, decongestants/antihistamines, and anti-edema medications to wholesalers, chain drug stores, and other national account customers. In addition, this segment offers non-pharmaceutical products, including various artificial tear solutions, and preservative-free lubricating ointments. Specialty Therapeutics and Injectable Pharmaceuticals: Liquid and Lyophilized The Company's Specialty Therapeutics and Injectable segment markets hospital drug and injectable pharmaceutical products, including antidotes, anti-infectives, and controlled substances for pain management and anesthesia; and other pharmaceutical products. This segment markets products to hospitals through the wholesale distribution channel. Contract Manufacturing Our Contract Service segment manufactures aseptic filled and terminally sterilized ophthalmic and injectable pharmaceutical products from our facilities in Somerset, NJ and Decatur, IL for third party pharmaceutical customers. Akorn was founded in 1971 and is headquartered in Lake Forest, Illinois.

Amgen, Inc. Hospitals & Patient Services | Thousand Oaks, CA

Amgen, Inc. is a biotechnology medicines company, which discovers, develops, manufactures and markets medicines for grievous illnesses. The company focuses on human therapeutics and concentrates on innovating novel medicines based on advances in cellular and molecular biology. It markets recombinant protein therapeutics in supportive cancer care, nephrology and inflammation. The company's products include Neulasta, a pegylated protein, based on the Filgrastim molecule and NEUPOGEN, a recombinant-methionyl human granulocyte colony stimulating factor both of which selectively stimulate the production of neutrophils; Enbrel, an inhibitor of tumor necrosis factor, a substance that plays a role in the body's response to inflammatory diseases; Sensipar/Mimpara, a small molecule calcimimetic that lowers serum calcium levels; Vectibix, a monoclonal antibody that binds specifically to the epidermal growth factor receptor; and Nplate, a thrombopoietin receptor agonist that mimics endogenous TPO, the primary driver of platelet production. Amgen was founded by William K. Bowes, Jr., Franklin Pitcher Johnson, Jr., George B. Rathmann and Joseph Rubinfeld on April 8, 1980 and is headquartered in Thousand Oaks, CA.

Competitors
Owens & Minor, Inc. Medical Products & Equipment - Mechanicsville, VA

Founded in Richmond, Virginia, in 1882, Owens & Minor is the nation’s leading distributor of medical and surgical supplies to the acute-care market and a leading provider of healthcare supply chain management solutions. For the first 110 years, our company provided pharmaceutical, and medical and surgical supplies to drugstores and hospitals throughout selected areas of the United States. In 1992, we made a decision to sell our wholesale drug business and focus entirely on the medical/surgical marketplace. This wise decision has paid huge dividends. Today, our 5,100 teammates in 55 distribution centers and our home office serve 4,500 hospitals, integrated healthcare systems, alternate care locations, and the federal government with a comprehensive offering of medical and surgical products. The majority of our sales are consumable goods, such as disposable gloves, dressings, endoscopic products, needles and syringes, sterile procedure trays, surgical products and gowns, and urological and wound-closure products. We have established a great reputation for providing superior, world-class service and continually strive to exceed our customers’ expectations. We understand that if we take great care of our customers, they will take great care of us. Owens & Minor’s common shares are traded on the New York Stock Exchange under the symbol OMI. Our goal is to deliver long-term value to our shareholders and we have paid dividends consistently since 1930. Delivering the difference is our mantra, and we strive every day to live up to that.

McKesson Corporation Wholesale: Consumer Non-Durables/Sundries - San Francisco, California

McKesson is dedicated to delivering the vital medicines, medical supplies and information technologies that enable the health care industry to provide patients better, safer care. McKesson is made up of many businesses, all serving the health care industry. Our businesses fall into one of two primary categories: Distribution solutions. We are the largest pharmaceutical distributor in North America, distributing one-third of the medicines used every day. As one of the leading pharmaceutical companies, we supply more than 40,000 U.S. pharmacy locations, from Wal-Mart to the Department of Veterans Affairs to community pharmacies and hospitals. McKesson is also one of the leading medical supply companies and distributes medical-surgical supplies and homecare supplies. Healthcare Technology solutions. We develop and install healthcare information technology systems that eliminate the need for paper prescriptions and paper medical records. Our software and hardware are used in more than 70% of the nation's hospitals with more than 200 beds. Our hospital information system solutions include electronic health record system (EHR) and clinical decision support system such as Interqual. McKesson's Healthcare IT division also serves diverse areas within the health industry by offering solutions such as pharmacy automation and medical claims management software. McKesson publicly traded on NYSE under MCK Businesses Serving our customers—pharmacies, medical and pharmaceutical manufacturers, hospitals, and insurers—as the health care industry evolves is our primary goal. We have business lines to automate processes from medical supplies packaging to claims management, and revenue cycle management to medical imaging. McKesson's long history in pharmaceutical industry History McKesson has a long history in health care. We’ve been a trusted provider of medical supplies and goods for more than 175 years.

Becton, Dickinson & Co. Medical Products & Equipment - Franklin Lakes, New Jersey

BD is a medical technology company that serves healthcare institutions, life science researchers, clinical laboratories, industry and the general public. BD manufactures and sells a broad range of medical supplies, devices, laboratory equipment and diagnostic products. BD is headquartered in the United States and has offices in more than 50 countries worldwide.

Awards & Honors
Rank #21
2016
Fortune Magazine - Fortune 1000 Companies
Sponsored by Fortune Magazine
Rank #21
2016
Fortune Magazine - Fortune 500 Companies
Sponsored by Fortune Magazine
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