CINCINNATI, Dec. 11, 2006 — Cardinal Health, the leading provider of products and services supporting the health-care industry, announced today the opening of its new ParMed Pharmaceuticals, Inc. facility in Cincinnati. The facility will employ 50 people to provide telesales services offering competitively priced generic pharmaceuticals to independent retail pharmacies.
In commemoration of the opening, Cardinal Health will donate $10,000 to the Ruth Lyons Children’s Fund at the grand opening event.
"It gives us great pleasure to expand into Cincinnati because Cardinal Health has made a serious commitment to building our business in Ohio and employing the talented people of our state," said Mark Parrish, CEO of Healthcare Supply Chain Services for Cardinal Health. "As we did in 2004 and 2005 when we opened facilities in Groveport and Dublin, today's announcement reinforces our longstanding commitment to grow in Ohio."
ParMed Pharmaceuticals, acquired by Cardinal Health in 2006, has been in operation since 1968 and now sells to about 7,000 customers – primarily retail independent pharmacies, as well as alternate care sites and small wholesalers – using sophisticated telesales technology that helps build strong relationships.
"The talent we hire here will play an important role in bringing much-needed generic medications to pharmacies across the country," said Dom Palmo, vice president of ParMed. "We consider ourselves the voice of value and superior service in generic pharmaceuticals, and our employees have an important role to play in the future of health care."
Cardinal Health takes pride in becoming part of the communities in which it operates, and actively supports the involvement of employees in local charitable organizations. In honor of the impact that the Ruth Lyon Children’s Fund has on health in the Cincinnati community, Cardinal Health will present a gift of $10,000 to support the Fund’s efforts to enhance children’s stays at Tri-state hospitals.
About Cardinal Health
Headquartered in Dublin, Ohio, Cardinal Health, Inc. (NYSE: CAH) is an $81 billion, global company serving the health-care industry with a broad portfolio of products and services. Through its diverse offerings, Cardinal Health delivers health-care solutions that help customers reduce their costs, improve safety and productivity, and deliver better care to patients. The company manufactures, packages and distributes pharmaceuticals and medical supplies, offers a range of clinical services and develops automation products that improve the management and delivery of supplies and medication for hospitals, physician offices and pharmacies. Ranked No. 19 on the Fortune 500, Cardinal Health employs more than 55,000 people on six continents. More information about the company may be found at www.cardinalhealth.com.