Knowledge (XXG)

CareFusion

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line, which had been acquired when Cardinal bought Pyxis Corporation in 1996 for $ 920 million. Pyxis had been founded in San Diego by Ronald R. Taylor and investor Tim Wollaeger in 1987 and had around 1,500 employees when it was acquired. Cardinal had acquired Pyxis as part of an earlier strategy to
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and private health care sector in the United Kingdom. In November 2012, CareFusion acquired Intermed Equipamento Medico Hospitalar Ltda, a privately held respiratory technologies company based in Cotia, Brazil. Intermed designs, manufactures and markets ventilators and respiratory care devices for
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because the lead attorney for the DOJ serving as Assistant Attorney General in the case, Jeffery Wertkin, was arrested by the FBI on January 31, 2017 for allegedly attempting to sell a copy of a complaint in a secret whistleblower suit that was under seal.
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reached a USD $ 40.1 million settlement with CareFusion. The Department of Justice alleged that CareFusion violated the False Claims Act by promoting the sale of its drug ChloraPrep for uses that were not approved by the
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CareFusion also included assets acquired by Cardinal in 2004 through the acquisition of another San Diego company, Alaris Medical Systems, in 2004, for $ 2 billion. Alaris made intravenous drug pumps.
221:. In November 2013, CareFusion acquired Vital Signs Inc., a medical device manufacturing business, with the exception of European operations from GE Healthcare. In 2013, CareFusion bought 40% of the 717: 564: 565:"CareFusion to Pay the Government $ 40.1 Million to Resolve Allegations That Include More Than $ 11 Million in Kickbacks to One carefusion-settlement-idUSBREA081A520140109" 732: 712: 727: 327: 253:
announced its acquisition of CareFusion for $ 58 USD per share in cash and stock, or a total of $ 12.2 billion. The acquisition was completed on March 17, 2015.
586: 305: 737: 543: 279: 167:, a low-margin and low-risk, predictable business, with which the higher-margin, higher-risk medical technology businesses were difficult to integrate. 410: 435: 205:. On February 1, 2011, Kieran T. Gallahue was named CareFusion's chairman and CEO. In April 2012, CareFusion sold the Nicolet operating unit to 747: 514: 364: 722: 389: 636: 242: 229: 474: 209:
Incorporated for $ 58 million. On July 7, 2012, CareFusion acquired U.K. Medical Limited, a distributor of medical products to the
27: 346: 752: 218: 182: 140: 241:, used to clean the skin before surgery. In 2017, this case was called into question and came under review by the 655: 689: 297: 535: 210: 175: 160: 707: 170:
The spin-off was named after Care Fusion, a business Cardinal Health acquired in 2006 that was based in
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infant, pediatric and adult patients that are used in hospitals in Brazil, Latin America and Europe.
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CareFusion was created in 2009 as a spinoff of medical technology businesses from
26: 37: 486: 237:. ChloraPrep is the commercial name under which CareFusion produced the drug 280:"San Diego's Medical Technology Startups Get Reborn in CareFusion Spinoff" 587:"Whistleblower Lawyers Fret Over Leaks After Akin Gump Partner's Arrest" 222: 612:"Lawyer Charged for Trying to Sell Secret Tech Whistleblower Case" 328:"Pyxis Founder Ron Taylor Joins Connect Entrepreneur Hall of Fame" 102: 202: 198: 411:"CareFusion To Acquire Brazilian Respiratory Company Intermed" 234: 475:"CareFusion to Acquire GE Health-Care Unit for $ 500 Million" 124: 678: 637:"Becton Dickinson Agrees to Acquire CareFusion for $ 12.2B" 135:
was a medical company specializing in two areas: reducing
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Companies formerly listed on the New York Stock Exchange
536:"The boycott movement is losing the battle - for now" 507:"CareFusion closes Vital Signs purchase – MassDevice" 197:In May 2010, CareFusion acquired Medegen, Inc. for 163:on September 1, 2009. Cardinal's core business was 120: 108: 96: 83: 73: 61: 53: 43: 33: 718:Medical technology companies of the United States 365:"CareFusion to Acquire Medegen for $ 225 Million" 436:"CareFusion announces acquisition of UK Medical" 273: 271: 269: 267: 265: 8: 19: 347:"Cardinal Deal To Buy Pyxis In Stock Swap" 25: 18: 733:Health care companies established in 2009 713:Health care companies based in California 686:Historical business data for CareFusion: 460:"CareFusion completes Rowa acquisition" 261: 728:American companies established in 2009 345:Freudenheim, Milt (February 8, 1996). 225:company Caesarea Medical Electronics. 186:start selling higher-margin products. 7: 326:Bigelow, Bruce V. (March 21, 2013). 635:Cortez, Michelle (5 October 2014). 230:United States Department of Justice 14: 738:2009 establishments in California 656:"$ 12B CareFusion purchase final" 278:Bigelow, Bruce (31 August 2009). 141:health care-associated infections 575:from the original on 2019-10-31. 546:from the original on 2019-02-06 517:from the original on 2017-09-06 308:from the original on 2017-09-06 473:Mason, Everdeen (2013-11-18). 176:patient identification systems 1: 748:2015 mergers and acquisitions 217:In 2011, CareFusion acquired 723:Companies based in San Diego 679:CareFusion Official Web Site 298:"News Release issued by CAH" 219:Rowa Automatisierungssysteme 183:automated dispensing cabinet 181:It also included Cardinal's 769: 440:Building Better Healthcare 390:"New Leader at CareFusion" 24: 16:Becton Dickson subsidiary 369:San Diego Union Tribune 211:National Health Service 161:New York Stock Exchange 20:CareFusion Corporation 228:In January 2014, the 610:Roberts, Jeff John. 591:National Law Journal 753:Corporate spin-offs 479:Wall Street Journal 178:used in hospitals. 21: 654:Fikes, Bradley J. 571:. 9 January 2014. 351:The New York Times 193:Subsequent history 174:and sold wireless 139:and prevention of 48:Medical Technology 249:In October 2014, 165:drug distribution 137:medication errors 130: 129: 116:Clinical services 760: 667: 666: 664: 662: 651: 645: 644: 632: 626: 625: 623: 622: 607: 601: 600: 598: 597: 583: 577: 576: 561: 555: 554: 552: 551: 532: 526: 525: 523: 522: 503: 497: 496: 494: 493: 470: 464: 463: 456: 450: 449: 447: 446: 432: 426: 425: 423: 422: 407: 401: 400: 398: 396: 386: 380: 379: 377: 376: 361: 355: 354: 342: 336: 335: 323: 317: 316: 314: 313: 294: 288: 287: 275: 172:McLean, Virginia 157:publicly trading 78:Becton Dickinson 67:Becton Dickinson 29: 22: 768: 767: 763: 762: 761: 759: 758: 757: 698: 697: 694: 675: 670: 660: 658: 653: 652: 648: 634: 633: 629: 620: 618: 609: 608: 604: 595: 593: 585: 584: 580: 563: 562: 558: 549: 547: 534: 533: 529: 520: 518: 505: 504: 500: 491: 489: 472: 471: 467: 458: 457: 453: 444: 442: 434: 433: 429: 420: 418: 417:(Press release) 409: 408: 404: 394: 392: 388: 387: 383: 374: 372: 363: 362: 358: 344: 343: 339: 325: 324: 320: 311: 309: 296: 295: 291: 277: 276: 263: 259: 201:225 million in 195: 153:Cardinal Health 149: 115: 113:Medical devices 99: 17: 12: 11: 5: 766: 764: 756: 755: 750: 745: 740: 735: 730: 725: 720: 715: 710: 700: 699: 696: 695: 693: 692: 687: 683: 681: 674: 673:External links 671: 669: 668: 646: 627: 602: 578: 556: 527: 498: 465: 451: 427: 402: 381: 371:. 5 April 2010 356: 337: 318: 289: 260: 258: 255: 194: 191: 148: 145: 128: 127: 125:carefusion.com 122: 118: 117: 110: 106: 105: 100: 97: 94: 93: 85: 81: 80: 75: 71: 70: 63: 59: 58: 55: 51: 50: 45: 41: 40: 35: 31: 30: 15: 13: 10: 9: 6: 4: 3: 2: 765: 754: 751: 749: 746: 744: 741: 739: 736: 734: 731: 729: 726: 724: 721: 719: 716: 714: 711: 709: 706: 705: 703: 691: 688: 685: 684: 682: 680: 677: 676: 672: 657: 650: 647: 642: 638: 631: 628: 617: 613: 606: 603: 592: 588: 582: 579: 574: 570: 566: 560: 557: 545: 541: 537: 531: 528: 516: 512: 508: 502: 499: 488: 484: 480: 476: 469: 466: 462:. 2011-08-01. 461: 455: 452: 441: 437: 431: 428: 416: 412: 406: 403: 391: 385: 382: 370: 366: 360: 357: 352: 348: 341: 338: 333: 329: 322: 319: 307: 303: 299: 293: 290: 285: 281: 274: 272: 270: 268: 266: 262: 256: 254: 252: 247: 244: 240: 239:chlorhexidine 236: 231: 226: 224: 220: 215: 212: 208: 207:Natus Medical 204: 200: 192: 190: 187: 184: 179: 177: 173: 168: 166: 162: 158: 154: 146: 144: 142: 138: 134: 126: 123: 119: 114: 111: 107: 104: 101: 95: 92: 89: 88:San Diego, CA 86: 82: 79: 76: 72: 68: 64: 60: 56: 52: 49: 46: 42: 39: 36: 32: 28: 23: 708:BD (company) 659:. 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It began 98:Area served 702:Categories 621:2017-09-06 596:2017-09-06 550:2020-09-23 521:2017-09-06 492:2017-09-06 445:2017-05-02 421:2017-05-02 375:2017-05-02 312:2017-09-06 257:References 133:CareFusion 38:Subsidiary 641:Bloomberg 487:0099-9660 103:Worldwide 74:Successor 573:Archived 544:Archived 515:Archived 306:Archived 109:Products 44:Industry 616:Fortune 569:Reuters 540:Haaretz 332:Xconomy 284:Xconomy 223:Israeli 159:on the 147:Spinoff 121:Website 69:in 2015 54:Founded 661:5 June 485:  395:5 June 663:2017 483:ISSN 397:2017 203:cash 199:US$ 91:U.S. 62:Fate 57:2009 302:SEC 243:DOJ 235:FDA 704:: 639:. 614:. 589:. 567:. 542:. 538:. 513:. 509:. 481:. 477:. 438:. 413:. 367:. 349:. 330:. 304:. 300:. 282:. 264:^ 251:BD 143:. 665:. 643:. 624:. 599:. 553:. 524:. 495:. 448:. 424:. 399:. 378:. 353:. 334:. 315:. 286:.

Index


Subsidiary
Medical Technology
Becton Dickinson
Becton Dickinson
San Diego, CA
U.S.
Worldwide
Medical devices
carefusion.com
medication errors
health care-associated infections
Cardinal Health
publicly trading
New York Stock Exchange
drug distribution
McLean, Virginia
patient identification systems
automated dispensing cabinet
US$
cash
National Health Service
Rowa Automatisierungssysteme
Israeli
United States Department of Justice
FDA
chlorhexidine
DOJ
BD

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