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Home » Cardinal Health Agrees to Buy Healthcare Solutions Holding

Cardinal Health Agrees to Buy Healthcare Solutions Holding

By    MDM  Staff 
June 9, 2010
More about:  Pharmaceutical Distribution
$517M acquisition will expand Cardinal's presence in specialty pharmaceuticals.
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Cardinal Health, Dublin, OH, has agreed to acquire Healthcare Solutions Holding, LLC in an upfront $517 million all-cash transaction. Healthcare Solutions Holding provides tools, services and data to key participants across the chain of specialty care including physicians, pharmaceutical companies and payors.

The acquisition will expand Cardinal Health's current capabilities and reach in specialty pharmaceuticals, a segment of the market which IMS Health forecasts will grow at twice the rate of traditional pharmaceuticals for the next five years and exceed $100 billion in sales by 2013. Healthcare Solutions Holding's results will be reported within Cardinal Health's Pharmaceutical segment.

"This acquisition is an important building block in our strategy to create a differentiated set of services for oncology and specialty customers," said George Barrett, CEO of Cardinal Health.

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