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)

49.5K

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 company 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. The company was founded by Robert D. Walter in 1979 and is headquartered in Dublin, OH.

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Executives & Employees

Chief Executive Officer & Director

Chief Financial Officer

Chief Legal & Compliance Officer

Executive Vice President & Chief Information Officer

Senior Vice President & Chief Accounting Officer

Chief Human Resources Officer

Chief Executive Officer, Medical Segment

President, Cardinal Health Specialty Solutions

President, Nuclear & Precision Health Solutions

President, Global Manufacturing & Supply Chain

Board of Directors

President at General Cable Technologies Corp.

Director & Vice President at Liberator Medical Holdings, Inc.

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

Former Executive Chairman at Humacyte, Inc.

Former Chief Executive Officer at Avery Dennison Corporation

Former Executive Vice President & Chief Financial Officer at United Technologies Corporation

Advisory Partner at NewSpring Capital

Paths to Cardinal Health, Inc.
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Cardinal Health, Inc.
Owners & Shareholders
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MIMBT maintains a flexible strategy designed to conform with various clients' individual investment objectives, whether such objectives are growth, total return, current income, tax-exempt income, asset allocation, international or global, or stability of principal. In addition, a portfolio manager will generally consider the composition of the relevant benchmark index, as well as the composition of portfolios within a competitive peer group when constructing the portfolio for a fund. This method is designed to minimize both excessive volatility within the portfolio and wide divergence in performance versus the market in a given investment style or mandate, while seeking to produce consistently above average long-term performance. MIMBT manages separate client-focused equity, debt, and balanced portfolios. They invest in the public equity and debt markets of the US, non-US, and other emerging economies. They invest in growth-oriented value stocks of small-cap, mid-cap and large-cap companies. The firm selects countries by utilizing a top-down approach and selects using fundamental analysis with a bottom-up approach.

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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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Pzena Investment Management is a global investment management firm that employs a classic value investment approach. The firm began managing assets on January 1, 1996. Our solid return record and reputation for business integrity, research excellence, and devotion to our investment philosophy has led to significant growth in our business. As of February 28, 2013, the firm managed $18.9 billion in assets for leading corporate, public, and individual clients. Our team is made up of 69 employees. Our headquarters is in New York City, with a representative office in Melbourne, Australia.

Recent Transactions
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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.

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Cardinal Health, Inc. purchases Medtronic Plc /Medical Supplies Bus from Medtronic Plc

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

Legal Advisor

Partner at Jones Day

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. 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, behavioural health, medical management capabilities. The Corporate 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.

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 company was founded by Benjamin J. Shaw in 2014 and is headquartered in Portland, ME.

UnitedHealth Group is a leading health care company, serving more than 75 million people worldwide. Our family of companies touches nearly every aspect of health care, helping people live healthier lives. We apply our capabilities broadly across health care in markets worldwide, providing health care management, consulting and specialty services globally. And we have the scale and resources necessary to take on some of the most important challenges in global health care. (www.unitedhealthgroup.com/global) As a leader in the health benefits and services industry, our six businesses — UnitedHealthcare Employer & Individual, UnitedHealthcare Medicare & Retirement, UnitedHealthcare Community & State, OptumHealth, OptumInsight, and OptumRx — offer exceptional service, broad capabilities and enduring value in creating a modern health care system. Our products and services empower individuals, expand consumer choice and strengthen patient-provider relationships across the health care spectrum

Key Stats and Financials As of 2019
Market Capitalization
$14.3B
Total Enterprise Value
$19.7B
Earnings Per Share
$4.53
Revenue
$146B
Net Profit
$1.36B
EBITDA
$2.81B
EBITDAMargin
1.93%
Total Debt
$8.03B
Total Equity
$6.33B
Enterprise Value Sales
0.14x
Enterprise Value EBITDAOperating
7.01x
TEVNet Income
14.44x
Debt TEV
0.41x
Three Year Compounded Annual Growth Rate Of Revenue
6.19%
Five Year Compounded Annual Growth Rate Of Revenue
9.83%
Non-Profit Donations & Grants
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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Medically Home Group, Inc. is a technology-enabled services company, which engages in the provision of tools to allow medical providers to safely-shift medical care from hospitals to patient's home. The company was founded on June 26, 2016 and is headquartered in Boston, MA.

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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.

Investors
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Founder at Equity Dynamics, Inc.

Suppliers
Aceto Corp. Medical Products & Equipment | 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. Computer Software | 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
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.

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.

AmerisourceBergen Corporation Wholesale: Consumer Non-Durables/Sundries - Chesterbrook, PA

AmerisourceBergen Corp. engages provision of pharmaceutical products and business solutions that improve access to care. It operates through the Pharmaceutical Distribution Services and Other segments. The Pharmaceutical Distribution Services segment distributes a comprehensive offering of brand-name, specialty brand-name & generic pharmaceuticals, over-the-counter healthcare products, home healthcare supplies & equipment, outsourced compounded sterile preparations, and related services to a wide variety of healthcare providers, including acute care hospitals and health systems, independent & chain retail pharmacies, mail order pharmacies, medical clinics, long-term care & alternate site pharmacies, and other customers. The Other segment focuses on global commercialization services and animal health and includes ABCS, World Courier, and MWI. The company is headquartered in Chesterbrook, PA.

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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