Cardinal Health, Inc. (CAH) Buys Zhejiang Province Drug Distributor  
6/26/2012 11:41:05 AM

by Richard Daverman, PhD

June 25, 2012 -- Cardinal Health, the second largest drug distributor in the US, has added coverage in China by acquiring Zhejiang Dasheng Medic Co. In its home city of Ningbo, Dasheng is the second largest company in terms of hospital sales, distributing drugs to 58 hospitals and 975 medical institutions, including rural clinics. The company produces $157 million of revenue each year. More details....

Stock Symbol: (NYSE: CAH)