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About McKesson Corporation. McKesson Corporation, currently ranked 5th on the FORTUNE 500, is a healthcare services and information technology company dedicated to making the business of healthcare run better. McKesson partners with payers, hospitals, physician offices ...
Late last month, McKesson agreed to buy Novatis Pharmaceuticals Corp.'s Red Line HealthCare Corp. unit for $230 million in cash and debt. Golden Valley, Minn.-based Red Line is a distributor of medical supplies and services to the extended care industry. In August, McKesson called off its planned $2.25 billion acquisition of AmeriSource Health, after a federal judge granted a government request to block the merger.