Cardinal Health (NYSE: CAH) today said it has won a $57.8 million contract from the U.S. Dept. of Health and Human Services to support the Strategic National Stockpile.
The Dublin, Ohio-based company received the contract, which includes options that if exercised by the HHS could reach $91.6 million, to store and distribute 80,000 pallets of personal protective equipment to support the national stockpile.
“Cardinal Health is uniquely positioned to get critical products to healthcare providers and first responders as effectively, safely, and swiftly as possible in response to the COVID-19 pandemic,” Cardinal Health’s medical segment CEO Steve Mason said in a news release. “Cardinal Health is proud to help the country by providing this critical pandemic support in partnership with the U.S. government.”
Cardinal Health said that with its distribution network, it can rapidly deploy and deliver national stockpile products throughout the U.S. and its territories to help with critical PPE needs during the COVID-19 pandemic or other public health emergencies. PPE products in the Strategic National Stockpile that will be stored in Cardinal Health facilities include inventory from multiple manufacturers and vendors under contract with the U.S. government.