Latest In Pharmaceutical & Health Care
Cepheid will become part of the company's diagnostics segment.
Alan Tomblin will start his role as president & CEO on Nov. 1.
Sales for the first six months increased 2.6 percent year-over-year.
Year-to-date sales increased 8.8 percent year-over-year.
Fourth-quarter sales up 14 percent year-over-year.
Profit for the quarter decreased 6 percent year-over-year.
On an organic local-currency basis, sales decreased 0.2 percent for the diversified manufacturer.
Sales for the first half increased 15.7 percent year-over-year.

Action Health's ERP software investment revitalized culture, increased profits.
Pamela Kimmet appointed to position.

This article is part of MDM's 2016 Distribution Trends Special Issue.
Bensenville, IL-based health care packaging distributor Action Health was selected as a 2016 MDM Market Mover for its innovative approach for adapting to the new low-margin reality of its market.
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Sales for the first six months also increased 9.3 percent year-over-year.
Profit increased 27.4 percent in the first quarter.
Fourth-quarter sales were up 3.9 percent year-over-year.
Year-to-date sales up 20 percent year-over-year.
Profit increases 33.1 percent to $758.4 million for the quarter.
Termination to cost Owens & Minor $525 million a year.
Rony Kordahi appointed to position.

Company focused on cutting costs, lean processes.
