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Cardinal Health to spend $1.1B on drug distributor

2015-06-05 17:08:34| Biotech - Topix.net

" Cardinal Health will spend about $1.12 billion to buy pharmaceutical distributor The Harvard Drug Group in a deal that aims to build its generic and over-the-counter drug businesses. Cardinal said Friday that its purchase of the privately-held company based in Livonia, Michigan, will provide it with specialized packaging to help supply hospitals and other institutions.

Tags: health drug spend distributor

Category:Biotechnology and Pharmaceuticals

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