regulatory approvals, is expected to close in Cardinal Health's fourth
quarter and be $0.01 to $0.02 dilutive to earnings in fiscal 2008 and
accretive in fiscal 2009.
-- Introduced several new products and services, including Rxe-view(TM), a
new service for small hospitals to improve medication safety and
clinician productivity through Web-based medication order management
and a clinical intervention tool; a new surgical gown made from a
unique and proprietary fabric that is softer than other surgical gowns,
improving comfort for clinicians; and an agreement with ClearCount
Medical Solutions to distribute the first system cleared by the Food
and Drug Administration using radio-frequency identification to count
and detect sponges during surgeries.
-- Appointed Michael C. Kaufmann and Craig S. Morford to key executive
posts. Kaufmann, 45, was named group president of the Healthcare
Supply Chain Services - Pharmaceutical segment after most recently
being responsible for Cardinal Health's medical supply chain business.
Morford, 49, was formerly acting deputy U.S. attorney general and will
join the company on May 5 as chief compliance officer.
-- Repurchased $150 million of Cardinal Health shares during the quarter,
bringing total repurchases for the first nine months of fiscal 2008 to
-- Announced recipients of Cardinal Health's Patient Safety Grants
totaling $1 million for new and innovative programs at 34 hospitals,
health systems and community health clinics across the country. More
than 10 percent of the nation's hospitals applied for the grants in the
largest and first-of-its-kind program by a health care company.
The company reaffirmed its non
|SOURCE Cardinal Health, Inc.|
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