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Cardinal Health Reports Third Quarter Results
Date:5/1/2008

> ChloraPrep(R) brand name. The acquisition, which is subject to

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

$1.1 billion.

-- 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.

Outlook

The company reaffirmed its non
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SOURCE Cardinal Health, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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