Cardinal Health 200 LLC, a unit of Cardinal Health Inc, was awarded a maximum $2.25 billion modification to a contract with the Defense Logistics Agency for ordering and distribution of medical surgical supplies.
Cardinal Health received a $29.2 million U.S. Department of Defense contract for medical supplies. Hamilton Medical and Zoll Medical secured $40.0 million and $30.7 million contracts respectively for medical equipment and spare parts.
Yamato Logistics and Cardinal Health Japan entered a business partnership for Yamato to handle import customs clearance, domestic logistics, and billing for Cardinal Health's Cordis medical devices in Japan. The service started on May 1, 2017.
Cardinal Health has agreed to acquire Medtronic's Patient Care, Deep Vein Thrombosis and Nutritional Insufficiency businesses for $6.1 billion in cash. The transaction is expected to close in Q1 of Cardinal Health's fiscal year 2018.
Cardinal Health won a $46.5 million fixed-price contract from the US Department of Defense to supply laboratory supplies and wares to the Army, Navy, Air Force, Marine Corps and federal civilian agencies, with a completion date of April 12, 2022.
The Defense Logistics Agency awarded a $2.25 billion IDIQ contract to Cardinal Health 2000 for medical surgical products. Work will occur at various U.S. locations through Dec. 6, 2019.
Navidea Biopharmaceuticals signed a definitive asset purchase agreement with Cardinal Health for its Lymphoseek product. Navidea will receive $80 million at closing plus up to $230 million in milestone payments through 2026, with over $20 million guaranteed over the next 3 years.