Cardinal Heath Inc.

Description

Cardinal Health Inc (NYSE:CAH) is a leading healthcare company that manufactures and distributes medical products across the globe.

The publicly listed firm focuses on providing health care products and services and customized solutions to the healthcare systems, including hospitals, retail pharmacies, ambulatories, surgery centers, physician's offices, clinical laboratories, etc.

The healthcare firm primarily conducts its operations in two core segments: Pharmaceutical and Medical segments.

Pharmaceutical Unit

The firm is engaged in the production and distribution of over-the-counter (OTC) health care and consumer products, generic pharmaceuticals, and specialty pharmaceutical products under this segment. The pharmaceutical product pipeline includes biosimilars, influenza, nuclear medicine and specialty drugs.

Medical Segment

On the other hand, this segment focuses on the development, manufacturing, marketing, and distribution of the company's branded medical, surgical and laboratory products.

It provides various medical products and supplies for the following areas:

• Anesthesia
• Compression
• Feeding Tubes and devices
• Infection Control
• Medical Specialty products
• Patient monitoring and care
• Surgical
• Durable Medical Equipment
• Women and Baby

The US-based healthcare firm has operations in more than 95,000 locations around the globe.

The healthcare firm also manufactures surgical and medical products like surgical apparel, gloves, and fluid management products.

Cardinal Health Inc is reportedly among the leading companies that manage an extensive network of radiopharmacies in the United States.

Founder Robert D Walter established the company in 1979 with its headquarters in Dublin, Ohio, US.

The company was among the Forbes Global 2000 and Best Employers for Diversity rankings for 2021, reportedly.

It reportedly focuses on enhancing supply chain efficiency by providing cost-effective solutions, medical products, and pharmaceuticals to numerous labs and healthcare systems.

The Ohio-based company claims to serve more than 60 per cent of the demand of the health care systems in the United States.

The global healthcare company provides consumer products under two sections: personal care and home healthcare products. It includes:

• Protective underpads
• Incontinence briefs
• Women’s protective pads
• Men’s protective guards
• Canes, Crutches, and accessories
• Wheelchairs
• Heavy Duty Rollator
• Folding Walkers
• Steerable Knee Walkers
• Products related to bath safety like shower chair, raised toilet frame, etc.