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Cardinal to Sell PTS Segment

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Cardinal Health plans to divest its Pharmaceutical Technologies and Services (PTS) segment, a business that manufactures or packages 100 billion doses of medication annually for pharma and biopharma firms. The segment employs approximately 10,000 people at more than 30 facilities worldwide and generates $1.8 billion in revenue. “In the coming years, Cardinal Health will focus more on our products and services that help providers improve the safety and productivity of health care,&#822...

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