Cardinal Health: The Evolution of a Spinoff

Finance, Free, Mergers & Acquisitions, Pharmaceutical & Health Care, Subscriber Only, Top Distributor Sectors /

Evolution was the force behind the decision to spin-off one of drug distributor Cardinal Health’s two divisions, according to CEO Kerry Clark in an article that appeared in Columbus Business First. The spinoff -announced in September -is expected to be completed by June.
 
The restructuring turned an organization that was operating as several different companies under one umbrella into a more cohesive organization. The split made sense based on the two focuses: The Healthcare Supply Chain Services distributes drugs and supplies; Clinical and Medical Products researches and produces infusion pumps and drug-dispensing systems.
 
 “The …

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