Cardinal Health Will Continue To Supply Pharmaceuticals To CVS Caremark Corporation

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Apr 25, 2013, 07:00 ET

DUBLIN, Ohio, April 25, 2013 /PRNewswire/ -- Cardinal Health said today that it has signed new agreements to supply pharmaceuticals to a network of CVS Caremark Corporation's retail pharmacies and distribution centers through mid-2016. The stores and distribution centers serviced under the new arrangement are essentially the same as those serviced in the prior arrangement.

"CVS Caremark has been a long and valued partner to Cardinal Health. We are excited to continue to build on that tradition. We look forward to working together to create value for our evolving heath care system," commented George Barrett, chairman and chief executive officer of Cardinal Health.

About Cardinal Health
Headquartered in Dublin, Ohio, Cardinal Health, Inc. (NYSE: CAH) is a $108 billion health care services company that improves the cost-effectiveness of health care. As the business behind health care, Cardinal Health helps pharmacies, hospitals, ambulatory surgery centers and physician offices focus on patient care while reducing costs, enhancing efficiency and improving quality. Cardinal Health is an essential link in the health care supply chain, providing pharmaceuticals and medical products to more than 60,000 locations each day. The company is also a leading manufacturer of medical and surgical products, including gloves, surgical apparel and fluid management products. In addition, the company supports the growing diagnostic industry by supplying medical products to clinical laboratories and operating the nation's largest network of radiopharmacies that dispense products to aid in the early diagnosis and treatment of disease. Ranked #21 on the Fortune 500, Cardinal Health employs more than 30,000 people worldwide. More information about the company may be found at cardinalhealth.com and @CardinalHealth on Twitter.