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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...
Indeed. Yet six months later, Barrett is being hailed as the leader Cardinal needed to restore its vigor. It came at a critical time, given that any health care company has to be in a position to pivot off of whatever health care reform plan emerges from Congress. His strategy...
All this renewed vitality should help Cardinal boost the competitive advantages it does have. After the CareFusion spin-off, the company reorganized its retail-franchise model, Medicine Shoppe, and strengthened its nuclear-medicine program. It also continues to leverage its unique $8.2 billion medical-supply arm, under which Cardinal manufactures...
In an about-face, President Obama abandoned his plan to try Khalid Sheikh Mohammed and four other alleged 9/11 plotters in a lower Manhattan civilian court, days after New York City Mayor Michael Bloomberg rescinded his support. The trials, which could last years, would have cost as much as $1...
Now, with the Lancet's formal retraction of Wakefield's paper, the question is whether the vaccine theory of autism may finally be put to rest. But that seems unlikely. Since 1998, numerous studies have found no link between vaccines and autism, yet parents' fears have endured. Indeed, vaccination rates...