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Dan Renick, RPh, Joins The Hobart Group as Managing Partner
Date:5/28/2008

Strengthens firm's ability to drive clients' success in managed care

GLADSTONE, N.J., May 28 /PRNewswire/ -- The Hobart Group, a full-service managed market agency focused on securing formulary access for today's pharmaceutical brands, announces the addition of Dan Renick, RPh, as Managing Partner. Renick will provide strategic counsel to The Hobart Group's pharmaceutical and biotech clients, including GlaxoSmithKline, sanofi-aventis, and Forest Laboratories.

"Dan brings a unique managed care perspective to The Hobart Group and our clients," said Lisa B. Bair, President. "His knowledge of what matters to payers during the formulary decision process, in particular, Medicare Part D, will help address a critical need for our clients."

"There is more pressure than ever on drugmakers to maximize revenues of their key assets. In today's market, it's critical that companies are able to effectively differentiate their drugs from the competition," said Renick. "I'm excited to apply my knowledge of what payers are looking for with our clients. As the healthcare environment evolves, it is critical to provide our managed market customers with strategies that deliver innovative solutions to obtaining formulary access."

Prior to joining The Hobart Group, Renick served as Director, Corporate Pharmacy Management, at Humana Inc., a national managed care organization with more than 11 million members and the second largest Medicare Part D and Medicare Advantage sponsor. In this role, Renick was responsible for Pharmacy Programs and trade relations, including contracting oversight with both pharmaceutical companies and pharmacy provider organizations. At Merck & Co., Inc., Renick worked with large employers, business coalitions, and benefits consultants in support of rational and evidence-based benefit-design decisions.

In addition, he has worked with various other managed market segments with an emphasis on Senior Care, and spent several year
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SOURCE The Hobart Group
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