Cardinal Health reported a mixed bag of results in its fourth
quarter, with revenues rising well on the back of rising demand for
its pharmaceutical distribution services, although operating profit
fell 9 per cent, in line with forecasts,...
West Pharmaceutical Services is planning to buy Israel's Medimop
Medical Projects, which develops disposable medical devices for the
mixing, transfer, reconstitution and administration of injectable
United Drug of Ireland has acquired TD Packaging, a UK-based
company which supplies the international pharmaceutical and
healthcare industries, in a deal valued at up to £11.4 million
(€17.1m), reports Phil Taylor.
Cardinal Health saw a double-digit hike in fiscal third quarter
revenues mirrored by a decline in operating earnings, as gains in
its drug distribution and medical products businesses were offset
by lower profits in sterile manufacturing...
Injectable drug delivery specialist West Pharmaceutical Services
has develop a system of anticounterfeiting measures for its
Flip-Off seals, widely used for injectable drugs that are withdrawn
from vials by a syringe.
West Pharmaceutical Services, fresh from the disposal of its drug
delivery business, is to acquire Monarch Analytical Laboratories in
exchange for cash, assumed liabilities and shares totalling $5.6
Pharmaceutical distribution and technology company Cardinal Health
reported a slide in profits in the second quarter of the year, as
an internal investigation into the company's accounting practices
claimed additional executive...
Drug distribution and pharmaceutical technology firm Cardinal
Health has added detail to its previously announced restructuring
initiative with the news that it plans to cut 4,200 jobs and close
25 facilities around the world.