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  • Rank84
  • Previous Rank67
  • CEO
    George S. Barrett
  • Address
    7000 Cardinal Place, Dublin, OH 43017
  • Websitehttp://www.cardinal.com
  • Industry
    Wholesalers: Health Care

Cardinal Health, a drug wholesaler that also makes gloves and surgical apparel, has been on a buying spree lately in a bid to shore up future earnings. In March, Cardinal shelled out $1.94 billion to acquire Johnson & Johnson’s Cordis heart-product business, which allows Cardinal to add stents and catheters to the products it offers its clients. The deal follows on the heels of Cardinal’s long-term strategic agreement with Henry Schein in November 2014 and a contract manufacturing agreement with Bayer Healthcare during the second fiscal quarter this year. The partnerships and purchases are a way for Cardinal to expand its portfolio of medical products that it sells to hospitals, physicians and ambulatory centers. It’s also further expanding into added services and support for customers that are moving from the traditional hospital model to larger integrated systems across various sites of care.

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Company Information

CEO
George S. Barrett
Industry
Wholesalers: Health Care
Sector
Health Care
HQ Location
Dublin, OH
Websitehttp://www.cardinal.com
Years on List18
Figures are for fiscal year ended June 30, 2014.

Key Financials (last fiscal year)

($ Millions)% change
Revenues91,084-9.9%
Profits1,166249.1%
Assets26,033-
Employees34,000-

Profits as a % of

Profit as % of Revenues1.3%
Profits as % of Assets4.5%
Profits as % of Stockholder Equity18.2%