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Medco Foundation Donates $100,000 to Red Cross for Japanese Earthquake and Pacific Tsunami Relief

FRANKLIN LAKES, N.J., March 24, 2011 /PRNewswire/ -- The Medco Foundation, a charitable organization established by Medco Health Solutions Inc., (NYSE: MHS), has donated $100,000 to the U.S. Red Cross to assist in the global humanitarian relief effort for victims of the devastating earthquake in Japan and the Pacific tsunami. Medco is also encouraging its employees to contribute financially to the relief effort.


"Japan is being battered by both natural and man-made disasters. The suffering is extensive and it's heartbreaking," said David B. Snow Jr., Medco chairman and CEO. "There is a time to look on in sympathy and there is a time to lend active support.  The time for the latter is now and we hope that our assistance helps to advance a sustained recovery."

Medco is one of the nation's largest pharmacies and parent company of United BioSource Corporation, a global scientific and medical affairs organization that has employees based in Tokyo.

The American Red Cross Disaster Relief Fund will help meet the immediate needs of victims of the recent earthquake and Pacific tsunami by distributing relief items, clearing debris and by providing emotional support and medical transportation to the Japanese people as they begin to rebuild their lives. Others interested in helping may donate online at, call 1-800 RED CROSS (1-800-733-2767), or text REDCROSS to 90999 to make a $10 mobile donation.

About Medco

Medco Health Solutions, Inc. (NYSE: MHS) is pioneering the world's most advanced pharmacy® and its clinical research and innovations are part of Medco making medicine smarter™ for approximately 65 million members.

With more than 20,000 employees worldwide dedicated to improving patient health and reducing costs for a wide range of public and private sector clients, and 2010 revenues of nearly $66 billion, Medco ranks 35th on the Fortune 500 list and is named among the world's most innovative, most admired and most trustworthy companies. 

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About the Medco Foundation

The Medco Foundation was established with the generous support of Medco Health Solutions, Inc. The Foundation focuses on supporting activities aimed at educating and informing the general public about health, wellness and medicine safety issues; providing low income, disadvantaged and other distressed populations and communities with access to medicine and information about medicine; providing support to people and communities impacted by catastrophes and disaster; and fostering and promoting opportunities for volunteerism and civic engagement generally. The Medco Foundation is a 501(c)(3) corporation.

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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.
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