Formerly Cardinal Health PTS, Newly Named Catalent Now Operates As Independent Company
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Catalent Pharma Solutions, formerly Cardinal Health Pharmaceutical  Technologies and Services, today announced its official launch as an  independent operating company. The Blackstone Group acquired the  business from Cardinal Health in April 2007.
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Cardinal Health's deal with Lilly suggests the new fee-for-service model is gaining traction.
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Drug wholesaler Cardinal Health Inc. (CAH.N: Quote, Profile, Research) said on Monday it would cut 4,200 jobs, or 7 percent of its work force, and close 25 facilities
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Boston-based private equity firm J.W. Childs Associates said Friday it will acquire privately held CHG Healthcare Services Inc., based in Salt Lake City.  Terms were not disclosed.  The transaction is expected to close in four or five days.  CHG is a health-care staffing firm.
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In an abrupt completion to a merger that was delayed for months, Anthem Inc. completed its $20.8 billion purchase of WellPoint Health Networks on Tuesday and said the combined company is &quot;off and running.
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By Dale Kasler, The Sacramento Bee, Calif.  May 31--Two key Tower Records employees have quit the company that bought Tower's Web site, leaving unclear the future of the site's Sacramento office.   Caiman Holdings Inc.
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Aug. 17 (Bloomberg) -- Cantor Fitzgerald LP, one of the two largest Treasury bond brokers, will split off its original business of person-to-person sales to focus on more profitable activities such as institutional equity sales and trading.
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The company says it now has other ways to connect with customers, including its deal to sell PCs through retailer Best Buy, and no longer needs the 140 kiosks it had established across the country.
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Enterprise software maker gets stamp of approval to replace letter carrier's 700,000-employee human resources system.
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MINNEAPOLIS - UnitedHealth Group said Monday that it will acquire Definity Health Corp. of Minneapolis for $300 million cash. Definity is best known for offering what are commonly called consumer driven health
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Partners HealthCare is teaming up with one of the state's largest employers in an experiment to see whether they can improve employees' health and, ideally, reduce medical costs by monitoring workers' high blood pressure over the Internet.
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The Pittsburg-based generic drugmaker said the Food and Drug Administration has approved its metoprolol tartrate and hydrochlorothiazide tablets, which will compete with the Loppressor HCT tablets made by the Switzerland-based Novartis.
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The company has earned its nosebleed valuation.
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LOS ANGELES/PHILADELPHIA  - California's insurance  commissioner on Tuesday ended his opposition to Anthem Inc.'s  ATH.N proposed $16.5 billion acquisition of WellPoint Health  Networks Inc. WLP.N after Anthem agreed to hike its funding  of state health projects.
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The good news is that Nassau Health Care Corp. will remain in the geriatric care business. The board Monday voted to move on plans to seek New York State approval of a brand new facility that would be smaller
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Wellpoint Inc. , a managed care  firm, has begun notifying 75,000 members of its Empire Blue  Cross and Blue Shield unit in New York that a compact disc  holding their vital medical and other personal information had  disappeared, The New York Times reported.
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Drug wholesaler Cardinal Health Inc. Monday set a three-year restructuring plan that involves cutting jobs, closing 25 facilities and buying back $500 million in stock.