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Cardinal Health Inc (CAH) Q3 2021 Earnings Call Transcript


Operator
Good day, and welcome to the Cardinal Health, Inc. Third Quarter Fiscal Year 2021 Earnings Conference Call. [Operator Instructions]
At this time, I would like to turn the conference over to Kevin Moran, Vice President of Investor Relations. Please go ahead.
Kevin Moran
Vice President of Investor Relations
Good morning, and welcome. Today, we will discuss Cardinal Health s third quarter fiscal 2021 results, along with an update to our FY 21 outlook. You can find today s press release and presentation on the IR section of our website at ir.cardinalhealth.com. Joining me today are Mike Kaufmann, Chief Executive Officer; and Jason Hollar, Chief Financial Officer. During the call, we will be making forward-looking statements. The matters addressed in the statements are subject to the risks and uncertainties that could cause actual results to differ materially from those projected or implied. Please refer to our SEC filings and the forward-looking statem ....

United States , Robert Jones , Steven Valiquette , Jailendra Singh , Steven Valiquette Barclays , Charles Rhyee , George Hill , Ricky Goldwasser Morgan Stanley , Jason Hollar , Lisa Gill Jpmorgan , Lisa Gill , Charles Rhyee Cowen , Mike Kaufmann , Ricky Goldwasser , Kevin Moran , Michael Cherny , Robert Jones Goldman Sachs , Specialty Solutions , George Hill Deutsche Bank Analyst , Morgan Stanley , Goldman Sachs , Credit Suisse , Deutsche Bank , Michael Cherny Bank , Eric Percher Nephron Research Analyst , National Logistics Center ,

Drug Companies Plan Tax Breaks To Offset $26 Billion Opioid Settlement


Drug Companies Plan Tax Breaks To Offset $26 Billion Opioid Settlement
Tuesday, March 9, 2021
Cardinal Health is one of four of the biggest American health companies have tentatively agreed to pay $26 billion to settle their opioid liability. But tax breaks could allow them to claw back $4 billion.
Darron Cummings
/
AP
Four of America s biggest healthcare companies are close to a $26 billion settlement for their role making and distributing highly addictive opioid medications.
But critics in Congress say corporate tax breaks could slash the value of the deal by more than $4 billion.
If they get away with it, that means less money going into the treasury, less money for programs that would help deal with the fallout for the opioid crisis, said Rep. Jimmy Gomez (D-CA). ....

United States , Jason Hollar , Mike Kaufman , Centers For Disease , Cardinal Health , House Committee On Oversight , Jimmy Gomez , House Committee , Disease Control , Xd Xa Capital Public Radio , Xd Xa Drug Companies Plan Tax Breaks To Offset 26 Billion Opioid Settlement , ஒன்றுபட்டது மாநிலங்களில் , ஜேசன் ஹோலர் , மைக் காஃப்மந் , மையங்கள் க்கு நோய் , கார்டினல் ஆரோக்கியம் , வீடு குழு ஆன் ஓவர்‌ஸைட் , ஜிம்மி கோம்ஸ் , வீடு குழு , நோய் கட்டுப்பாடு , கஷ்ட் க்ஷா மூலதனம் பொது வானொலி , கஷ்ட் க்ஷா மருந்து நிறுவனங்கள் திட்டம் வரி இடைவெளிகள் க்கு ஆஃப்செட் பில்லியன் ஓபியாய்டு தீர்வு ,