Cardinal Health Renews Distribution Agreement With CVS Caremark

Cardinal Health has renewed its distribution agreement with CVS Caremark, to supply pharmaceuticals to its national network of retail pharmacies through mid 2013.

George Barrett, Vice Chairman of Cardinal Health and CEO of the Healthcare Supply Chain Services segment, said: “We have a long-standing partnership with CVS Caremark, and we are proud to continue this important relationship. The footprint of the agreement is expected to be fundamentally the same as our existing relationship, and the economic terms for Cardinal Health were already incorporated into our previous disclosure for fiscal 2010, given during our Investor Day event on June 2.”

Additional terms of the agreement were not yet disclosed.