Exhibit 99.1
Media: Debbie Mitchell | Investors: Matthew Blake | |
(614) 757-6225 | (614) 757-3996 | |
Debbie.mitchell@cardinalhealth.com | Matthew.blake@cardinalhealth.com |
CARDINAL HEALTH BRINGS RESOLUTION TO LITIGATION WITH DEA SETTLEMENT
DUBLIN, Ohio, May 15, 2012 – Cardinal Health today said it had agreed to a settlement with the Drug Enforcement Agency (DEA) that allows the company to bring resolution to ongoing litigation. Cardinal Health agreed to a two-year suspension of its Lakeland, Fla., distribution center’s DEA registration to ship controlled medicines from this facility and to improve certain anti-diversion procedures. The Lakeland distribution center will remain open, and all other operations at the facility will continue. The DEA also confirmed it is planning no further administrative actions at other Cardinal Health facilities.
“This agreement allows us to put this matter behind us, and just as important, will clear the way for a more productive dialogue about how we and others in the health care and regulatory community can work together to prevent the abuse and misuse of prescription drugs,” said George Barrett, chairman and CEO of Cardinal Health.
Cardinal Health will continue its efforts to help stop prescription drug abuse.
About Cardinal Health
Headquartered in Dublin, Ohio, Cardinal Health, Inc. (NYSE: CAH) is a $103 billionhealth care services company that improves the cost-effectiveness of health care. As the business behind health care, Cardinal Health helpspharmacies,hospitals,ambulatory surgery centers andphysician offices focus on patient care whilereducing costs, enhancing efficiency and improving quality. Cardinal Health is an essential link in the health care supply chain, providingpharmaceuticals andmedical products to more than 60,000 locations each day. The company is also a leading manufacturer of medical and surgical products, includinggloves, surgical apparel andfluid management products. In addition, the company supports the growing diagnostic industry by supplying medical products toclinical laboratories and operating the nation’s largestnetwork of radiopharmacies that dispense products to aid in the early diagnosis and treatment of disease. Ranked #21 on the Fortune 500, Cardinal Healthemploys more than 30,000 people worldwide. More information about the company may be found atcardinalhealth.com and@CardinalHealth on Twitter.
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