Word: deas
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When George Barrett was named CEO of Cardinal Health in August, the prognosis was grim. The nation's second largest drug distributor, Cardinal had lost a third of its value the previous year. The U.S. Drug Enforcement Administration (DEA) had suspended several of the company's licenses. What's more, the firm, based in Dublin, Ohio, was about to spin off its lucrative medical-tech arm, CareFusion, sparking a further double-digit drop in its stock price. In other words, Barrett deadpans, "we had some challenges...
...North American operations of Teva, one of the world's largest generic-drug manufacturers. Barrett immediately focused on luring back independent-pharmacy customers, which are more profitable and rely on wholesalers for generics. The first step was to reopen all supply channels by paying $34 million to settle the DEA's allegations surrounding the firm's role in filling fake prescriptions. Then Barrett narrowed Cardinal's sources for generics from 120 to a few dozen to ensure that it could consistently offer the lowest prices...
...shot dead in his home in May 2008. "As he first created and then defended his empire built on cocaine, meth and heroin, he orchestrated the murder of countless law-enforcement officers, innocent civilians and rival traffickers. And along the way, he took every opportunity to terrorize the innocent," DEA acting administrator Michele M. Leonhart said in a statement congratulating Mexico on Beltrán Leyva's capture...
...legal expert also criticized the Drug Enforcement Administration (DEA) for its “oversized budget” and its excessive street presence, which he said has failed to shrink the market for crack cocaine...
However, current DEA policies reward agents for the aggregate number of prison-years their arrestees accrue, Osler said, offering little incentive to pursue higher-level targets...