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Pentec Health Taps Former Cardinal Health Executive Joseph Cosgrove as Chief Executive Officer
Date:2/1/2008

BOOTHWYN, Pa., Feb. 1 /PRNewswire/ -- Pentec Health, a provider of nutritional products and pain management services that improve patients' quality of life, today announced that Joseph C. Cosgrove, former Vice President, Global Manufacturer Services of Cardinal Health, will join the company as Chief Executive Officer and will also be a member of the Board of Directors.

Cosgrove, 40, will join Pentec at the beginning of February and will be based out of the company's offices in Boothwyn, PA. He served as vice president of Cardinal's Global Manufacturer Services business since January 2006, as well as vice president and general manager of the Nuclear Pharmacy Services business since May 2001.

"Pentec's Board sought a CEO with outstanding credentials and experience in leading a complex business and a track record of outstanding operating performance," said Rod Boone, Managing Director DW Healthcare Partners, "Joe has met all of our Board's criteria. He has delivered record earnings and returns over his 19-year career in pharmaceuticals and healthcare and has demonstrated a history of building strong service cultures."

"I am honored and excited to have been selected to lead Pentec Health. Pentec has been one of the leading companies in its field, with a long tradition of applying innovation and resourcefulness in providing nutritional support to dialysis patients and specialized pain management services to patients in need. I look forward to working with and learning from the exceptional professional staff and Board of Trustees, determined to realize thoughtful change," said Mr. Cosgrove.

Prior to joining Cardinal Health in 2001, Cosgrove held positions of increasing responsibilities at PharmasMarket.com, a pharmacy technology start-up. From 1995 to 2000, he held various senior management positions with DuPont Pharmaceuticals. From 1989 to 1995, he held various senior management positions at Neuman Health Services in New Jersey. He received his bachelor's degree from the University of Pittsburgh in 1989 and completed his master's program in Executive Leadership Development from the Harvard Business School in 1994.

About Pentec Health

Pentec Health delivers nutritional support to dialysis patients who are unable to maintain adequate nutrition levels and provides specialized pain and spasticity management services to patients with intrathecal pumps. In both areas, Pentec Health is a clinical leader that focuses on outcomes management while providing high levels of patient and provider satisfaction. Pentec Health also provides deep reimbursement expertise and experience working with all types of payors to help patients obtain coverage.


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SOURCE Pentec Health, Inc.
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