Here are three things to know.
1. The deal involves Cardinal Health’s drug and medical products distribution business in China, but does not apply to the company’s remaining businesses in the country.
2. Eric Zwisler, chairman of Cardinal Health China, will also retire, effective immediately, as part of the transaction.
3. Cardinal Health expects the transaction to close by the end of its fiscal year.
More articles on supply chain:
Prime Healthcare taps HealthTrust for GPO services
Acorda Therapeutics halts Parkinson’s drug trials after 5 patient deaths
Hospitals face critical saline bag shortage: 6 things to know
