✉news HealthHealth first seen 11 h ago, last 11 h ago, peak #32
Cardinal Health Signs Letter of Intent to Extend CVS Distribution Deals
Original: Cardinal Health Enters into Binding Letter of Intent to Extend Pharmaceutical Distribution Agreements with CVS Health
Cardinal Health has entered into a binding letter of intent with CVS Health to extend their pharmaceutical distribution agreements. The deal would continue Cardinal Health's role distributing pharmaceuticals to CVS's pharmacy operations. Financial terms and contract length were not disclosed. The announcement signals continuity in one of the largest drug distribution relationships in the United States healthcare supply chain.
Why now: News of the proposed extension of a major pharmaceutical distribution contract between two large healthcare companies.
Evidence
- Cardinal Health Enters into Binding Letter of Intent to Extend Pharmaceutical Distribution Agreements with CVS Health · PR Newswire
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