- Quipt Home Medical ( NASDAQ: QIPT ) on Monday said it had entered into a supply and distribution agreement for medical supplies with a business of U.S.-drug distributor Cardinal Health ( CAH ).
- The contract was executed with Cardinal Health at-Home.
- As per the deal, Quipt ( QIPT ) has agreed to offer to sell, and Cardinal has agreed to supply and distribute, disposable medical supplies nationwide.
- "Cardinal will service our entire operating footprint, consisting of 94 locations across the country aimed at increasing distribution channels while decreasing costs,” said QIPT CEO Greg Crawford.
- QIPT stock closed -0.9% at $5.39 on Friday.
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Quipt Home enters supply & distribution deal with Cardinal Health for medical supplies