Cardinal Health Maintains Strong Positioning in the Wholesale Drug Distribution Market
Cardinal reported a mixed quarter as revenue grew at a robust clip, but profits continue to be pressured. While these near-term fluctuations reflect a shifting operating environment, we believe the need to source and deliver drugs in a cost effective and efficient manner will remain a positive fundamental for the drug distributor. This dynamic forms a strong foundation for Cardinal’s long-term competitive position, in our view, as its core drug wholesaling operations will be needed by both drug ...Cardinal Health is a healthcare services and products company providing customized solutions for hospitals, healthcare systems, pharmacies, ambulatory surgery centers, clinical laboratories and physician offices. The company's segments include: Pharmaceutical and Medical. The company's Pharmaceutical segment distributes branded and generic pharmaceutical, specialty pharmaceutical and over-the-counter healthcare and consumer products in the United States. The company's Medical segment manufactures, sources and distributes Cardinal Health branded medical, surgical and laboratory products, which are sold in the United States, Canada, Europe, Asia and other markets.
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