Medtech Insight is part of the Business Intelligence Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

Cardinal Health divests MedSystems

This article was originally published in The Gray Sheet

Executive Summary

Diversified healthcare supply firm Cardinal Health divests enteral device and surgical protection product maker MedSystems to private equity firm Linden LLC for undisclosed terms Sept. 2. Cardinal had acquired the business through its purchase of respiratory device firm Viasys in 2007 (1"The Gray Sheet" May 21, 2007, p. 7). MedSystems, which is being renamed Corpak MedSystems, "does not fit into the core focus of our clinical and medical products businesses," Cardinal explained. The Dublin, Ohio firm is also weighing a possible spin off of the $5.6 billion clinical and medical products unit (2"The Gray Sheet" Aug. 11, 2008, In Brief)
Advertisement

Related Content

Cardinal Builds Respiratory Franchise Through $1.5 Billion Viasys Purchase
Cardinal Builds Respiratory Franchise Through $1.5 Billion Viasys Purchase
Advertisement
UsernamePublicRestriction

Register

MT026556

Ask The Analyst

Please Note: You can also Click below Link for Ask the Analyst
Ask The Analyst

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel