Cardinal Health was founded by Robert Walter in 1971 as Cardinal Foods. The company was originally a food wholesaler.
In 1979, the company acquired Bailey Drug Company and began to wholesale prescription drugs.
In 1983, the company went public.
In 1995, the company acquired Medicine Shoppe International.
In 1999, Allegiance Healthcare was acquired.
In 2006, the company acquired ParMed Pharmaceuticals.
In 2008, the company agreed to pay $34 million after being sued for inappropriately dispensing Hydrocodone.
In 2010, Kinray was acquired.
In 2012, the company’s Lakeland, FL distribution center was shut down for a second time after inappropriately dispensing Oxycodone.
Today, Cardinal Health is one of the largest distributors of pharmaceuticals and other medical products in the US. They currently service more than 60,000 pharmacies nationwide.
Cardinal HealthCardinal Health was founded by Robert Walter in 1971 as Cardinal Foods. The company was originally a food wholesaler.
In 1979, the company acquired Bailey Drug Company and began to wholesale prescription drugs.
In 1983, the company went public.
History
In 1995, the company acquired Medicine Shoppe International.
In 1999, Allegiance Healthcare was acquired.
In 2006, the company acquired ParMed Pharmaceuticals.
In 2008, the company agreed to pay $34 million after being sued for inappropriately dispensing Hydrocodone.
In 2010, Kinray was acquired.
In 2012, the company’s Lakeland, FL distribution center was shut down for a second time after inappropriately dispensing Oxycodone.
Today, Cardinal Health is one of the largest distributors of pharmaceuticals and other medical products in the US. They currently service more than 60,000 pharmacies nationwide.