April 22 (Reuters) - Cardinal Health said on Monday its pharma distribution contracts with UnitedHealth Group Inc's OptumRx unit will not be renewed after they expire at the end of June.

The Optum contracts, signed in 2015, contributed 16% of Cardinal's total revenue in fiscal year 2023, but the bulk of the shipments mainly comprised non-specialty medicines, Cardinal Health said.

Getty Images Cardinal Health said its contracts with the pharmacy benefits provider of UnitedHealth Group, OptumRX, won't be renewed, and shares fell in intraday trading Monday. The health insurer ...

Cardinal Health’s pharmaceutical distribution contracts with OptumRx, a subsidiary of UnitedHealth Group, will not be renewed, the medical distributor said April 22. The contracts, which mainly ...

(RTTNews) - Cardinal Health (CAH) on Monday maintained its fiscal 2024 earnings outlook, and said its pharmaceutical distribution contracts with OptumRx, which expire at the end of June 2024 ...

Cardinal Health Inc.’s stock fell 4% early Monday, after the drug distributor and medical-laboratory products maker said its contracts with pharmacy-benefits manager OptumRx will expire at the ...

Cardinal Health (CAH -5%) shares become frail, flirting with 2024 lows after the pharmaceutical drug wholesaler announced its distribution contracts with OptumRx (UNH) would not be renewed. Instead, ...

Challenges include the non-renewal of the OptumRx contracts and potential supply constraints. Warning! GuruFocus has detected 6 Warning Signs with CAH. Cardinal Health Inc (NYSE ... performance for ...

(Reuters) - Cardinal Health said on Monday its contracts with UnitedHealth Group's OptumRx, one of its largest customers, will not be renewed after they expire at the end of June, sending the drug ...