Word: cardinale
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On the morning of Valentine's Day, as Dick Cheney was once again calumniating the President on network television, I was in Doha, Qatar, listening to Secretary of State Hillary Clinton attempt to explain Barack Obama's foreign policy to several hundred restive representatives of the Islamic world. The event...
Finally, Cardinal had to match the service level of its competitors. Small pharmacies now depend on wholesalers for branded products, disease-management programs, inventory technology, even marketing help.
All this renewed vitality should help Cardinal boost the competitive advantages it does have. After the CareFusion spin-off, the company reorganized its retail-franchise model, Medicine Shoppe, and strengthened its nuclear-medicine program. It also continues to leverage its unique $8.2 billion medical-supply arm, under which Cardinal manufactures...
The company's revival isn't completely assured. For instance, Cardinal will have to act fast if, as Barrett says, it wants to catch up with rivals on delivering specialty drugs. Netting $134 billion globally in 2008, these therapies for treating chronic diseases--about half of which are oncology drugs...
On Jan. 28, Cardinal announced that its second-quarter revenue increased 3%, to $25 billion, supplemented by a 38% increase in profit on the medical-supply side. But perhaps even better news came when AmerisourceBergen and McKesson unveiled their earnings a few days earlier. Whereas a year ago, one of...