LAS PIEDRAS, Puerto Rico, March 8, 2005 - Cardinal Health (NYSE: CAH), the leading provider of products and services supporting the health care industry, today announce the opening of a new manufacturing plant in Las Piedras, Puerto Rico for its Pyxis® Products business. Pyxis® products improve patient safety and increase quality of care in hospitals, nursing homes and other health care facilities around the world.
"Cardinal Health is known for bringing quality products to market and Puerto Rico is known for its highly-skilled workforce. It's a good fit," said Sally Grigoriev, senior vice president of manufacturing and operations for the Clinical Technologies and Services segment of Cardinal Health. "Also, Cardinal Health already has a strong infrastructure on the island, which has allowed for a seamless expansion."
Cardinal Health now operates six facilities employing nearly 1000 in Puerto Rico. The latest expansion in Las Piedras will manufacture components for the Pyxis MedStation® automated medication management system and Pyxis SupplyStation® supply management system. Finished goods for the Pyxis HelpMate® SP automated trackless robotic courier will also be manufactured there.
About Cardinal Health
Cardinal Health, Inc. (NYSE: CAH) is the leading provider of products and services supporting the health care industry. Cardinal Health develops, manufactures, packages and markets products for patient care; develops drug-delivery technologies; distributes pharmaceuticals, medical- surgical and laboratory supplies; and offers consulting and other services that improve quality and efficiency in health care. Headquartered in Dublin, Ohio, Cardinal Health employs more than 55,000 people on six continents and produces annual revenues of more than $65 billion. More information about the company may be found at www.cardinalhealth.com.
Except for historical information, all other information in this news release consists of forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected, anticipated or implied. The most significant of these uncertainties are described in Cardinal Health's Form 10-K, Form 8-K and Form 10-Q reports (including all amendments to those reports) and exhibits to those reports, and include (but are not limited to) the costs, difficulties, and uncertainties related to the integration of acquired businesses, the loss of one or more key customer or supplier relationships or changes to the terms of those relationships, changes in the distribution patterns or reimbursement rates for health-care products and/or services, the results, consequences, effects or timing of any inquiry or investigation by any regulatory authority or any legal and administrative proceedings, the impact of previously announced restatements, difficulties in opening new facilities or fully utilizing existing capacity, difficulties and uncertainties associated with business model transitions, and general economic and market conditions. Cardinal Health undertakes no obligation to update or revise any forward-looking statement.