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Distributor News

Distributor news and trends in retail pharmacies.

Cardinal Health headquarters

Cardinal Health sees earnings dip in Q4, full year amid strong sales

For the fiscal year, Cardinal Health's operating loss was $4.1 billion. For fiscal 2020, diluted loss per share was $12.61. Fourth-quarter earnings per share were $2.23. 

A pharmacist with a mask spraying sanitizer on patient.

Health Mart’s Lyons discusses how independent pharmacies are meeting patients’ needs

In a DSN webinar, Nancy Lyons, chief pharmacist at Health Mart and vice president of pharmaceutical solutions and services at McKesson, highlighted how independent pharmacies are rising to the challenge amid COVID-19.

McKesson headquarters.

McKesson's new four-segment structure includes two new reportable segments — prescription technology solutions and international.

Chris Dimos, who has been in the industry since he started as a pharmacist in 1989, will retire from McKesson in September.

An empty boardroom with chairs.

David Evans, who most recently served as Cardinal Health’s interim chief financial officer, will join its board of directors on July 1.

A puzzle piece featuring a person.

Bansi Nagji, previously McKesson's executive vice president and chief strategy and business development officer, will serve as GoodRx's president of health care.

Hy-Vee storefront.

Hy-Vee’s donation in support of racial equality will be funded through the company’s philanthropic One Step program.

A puzzle piece featuring a person.

Tom Rodgers is McKesson's new executive vice president and chief strategy and business development officer, succeeding Bansi Nagji, who stepped down March 31.

McKesson headquarters.

McKesson’s pharmaceutical and specialty solutions segment saw revenue increase 13% over Q4 2019, totaling $46.3 billion, and full-year revenue for the segment rose 9% over the prior fiscal year, totaling $183.3 billion.

Cardinal Health headquarters

Cardinal Health's third-quarter revenue was $35.1 billion for the pharmaceutical segment, and $4.1 billion for the medical segment.

Health Mart is working with eTrueNorth to begin providing drive-through COVID-19 testing at certain Health Mart pharmacies.

Female pharmacist in stock room.

To earn NABP's Drug Distributor Accreditation, Second Source Rx had to demonstrate its commitment to preventing counterfeit drugs from entering the U.S. drug supply.

A conference full of peoples sitting in front of a speaker.

McKesson has cancelled ideaShare 2020; looks forward to ideaShare 2021.

A puzzle piece with a stick figure.

McKesson is conducting a search for Bansi Nagji's successor, who is stepping down as executive vice president and chief strategy and business development officer, on March 31.

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