Navigation Links
Medco CEO Reiterates Guidance, Positive Outlook for 2008
Date:1/8/2008

FRANKLIN LAKES, N.J., Jan. 8 /PRNewswire-FirstCall/ -- Medco Health Solutions, Inc. (NYSE: MHS) Chairman and CEO, David B. Snow Jr. today reiterated the company's positive outlook for 2008 at the 26th Annual JPMorgan Healthcare Conference in San Francisco.

The company reiterated its guidance for 2008 GAAP diluted earnings per share of $3.89-$4.01. Excluding the amortization of intangible assets that existed when Medco became a publicly traded company, Medco continues to expect 2008 diluted earnings per share in the range of $4.29-$4.41 per share (please see Medco's filings with the Securities and Exchange Commission for a Reconciliation of earnings per share guidance). This guidance does not include possible unscheduled releases of generics, such as Protonix or Effexor.

About Medco

Medco Health Solutions, Inc., (NYSE: MHS) is the nation's leading pharmacy benefit manager based on its 2006 total net revenues of more than $42 billion. Medco's prescription drug benefit programs, covering one in five Americans, are designed to drive down the cost of pharmacy healthcare for private and public employers, health plans, labor unions and government agencies of all sizes, and for individuals served by the Medicare Part D Prescription Drug Program. Medco, the world's most advanced pharmacy(TM), has created Medco Therapeutic Resource Centers(TM) that are staffed with hundreds of specialist pharmacists who are trained and certified in specific chronic and complex conditions and have expertise in the associated medications. With the 2007 acquisition of Liberty Medical, Medco is the nation's largest diabetes pharmacy care practice based on covered lives. Medco is the largest specialty pharmacy based on net revenues with the 2005 acquisition of Accredo Health Group, Inc. Medco is also the highest-ranked independent pharmacy benefit manager on the 2007 Fortune 500 list. On the Net: http://www.medco.com.

This press release contains "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that may cause results to differ materially from those set forth in the statements. No forward-looking statement can be guaranteed, and actual results may differ materially from those projected. We undertake no obligation to publicly update any forward- looking statement, whether as a result of new information, future events, or otherwise. Forward-looking statements in this press release should be evaluated together with the risks and uncertainties that affect our business, particularly those mentioned in the Risk Factors section of the Company's Annual Report on Form 10-K and Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission.


'/>"/>
SOURCE Medco Health Solutions, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. MedcomSoft Receives 2007s "Best in KLAS" EMR Ranking (1-5 Physicians)
2. MedcomSoft appoints former U.S. presidential health advisor, James Haveman, to health Care advisory board
3. URAC Names Medco as a Finalist in First-ever Best Practices in Consumer Empowerment and Protection Awards
4. Medco Announces Two-For-One Stock Split
5. Medco CEO to Present at the Merrill Lynch & Co., Inc. 2007 Health Services Investor Conference
6. Medco Elects Myrtle Potter, William Roper to Board of Directors
7. Medco to Build Worlds Largest, Most Advanced Automated Pharmacy in Central Indiana
8. Medco, LabCorp Strike Strategic Agreement for Research on Personalized Medicine and Pharmacogenomics
9. Six Olympic Legends Battling Chronic Diseases Lead Revolution in Advancing Pharmacy Care as Medco Launches the Tour of Champions
10. Medco Announces Date for Third-Quarter 2007 Financial Results
11. Medco Unveils Three New Medicare Prescription Drug Plan Options for 2008 to Provide Seniors More Choice, Better Value and Specialist Pharmacists
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/20/2017)... ... June 20, 2017 , ... ... SweetLeaf® Stevia Sweetener, Michael P. May, Ph.D., recently accepted the distinguished Sun Corridor ... Program selected Wisdom Natural Brands (WNB), and 16 other businesses from Pima, Pinal, ...
(Date:6/20/2017)... ... June 20, 2017 , ... John D'Eri, CEO of ... Foundation Leader in Adult Autism Award during the Autism Society of America ... , The Daniel Jordan Fiddle Foundation (DJFF) was founded in 2002 as ...
(Date:6/20/2017)... , ... June 20, 2017 , ... The law firm ... on his installation as the president of the DuPage County Bar Association’s Board of ... Installation Dinner June 9 at the Drake in Oak Brook. Momkus McCluskey Roberts LLC ...
(Date:6/19/2017)... FL (PRWEB) , ... June 19, 2017 , ... ... of two brand new operating rooms this month. These additions will expand the ... ages in state-of-the-art facilities. One operating room will be solely dedicated to pediatric ...
(Date:6/19/2017)... ... June 19, 2017 , ... ... announces the general availability of several new and improved features to their ... United Way iGuide data in support of national campaigns. The latest release ...
Breaking Medicine News(10 mins):
(Date:6/9/2017)... AirXpanders, Inc. (ASX: AXP) (AirXpanders or Company), ... sale and distribution of the AeroForm® Tissue Expander System, ... commercial roll-out in the United States ... hundred (100) medical institutions and health systems, located throughout ... alternative for women who choose reconstructive surgery following a ...
(Date:6/8/2017)... , June 8, 2017   Responding to ... oversight and the death of singer Chris Cornell ... Human Rights International offers a free online ... educate consumers and families about psychotropic drug risks. ... , who died from an accidental overdose, has called for ...
(Date:6/7/2017)... -- Novavax, Inc., (Nasdaq: NVAX ) today announced that ... its RSV F protein recombinant nanoparticle vaccine candidate (RSV F ... in the journal Vaccine (the data ... conferences). The Company previously announced top line results ... RSV F Vaccine with the goal of protecting infants from ...
Breaking Medicine Technology: