Glove maker takes $12 million charge over latex litigation

By Liz White, ERJ staff

Dublin, Ohio-Medical glove supplier Cardinal Health Inc. has paid $12 million related to a natural rubber latex lawsuit in the last quarter and said, “Litigation of this matter is now complete and no additional, related charges are anticipated.”

The major US-based medical goods and services supplier said revenue in its Medical Products and Services division increased 5 percent during its fourth quarter (ended 30 June) this year to $2500 million, but added that operating earnings declined 3 percent to $178 million.

Cardinal…

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