Cardinal to buy Kinray

November 19, 2010

US firm Cardinal Health has revealed plans to buy pharmaceutical distributor Kinray Inc for around US$1.3 billion. The acquisition is aimed at expanding Cardinal’s US retail pharmacy distribution base by an estimated 40%. Kinray, a distributor of branded and generic drugs, clocks around US$3.5b in revenue per annum.

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Pharmacy Daily | Cardinal to buy Kinray

Cardinal to buy Kinray

Other recent headlines

PD breaking news – Pharmacists to administer NIP vaccinations in aged care

PD breaking news – Top Western Australian talent honoured

Legal action for Montu

SEARCH PHARMACY DAILY

Featured video

Recent issues

INDUSTRY JOB VACANCIES