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About Chem Rx Corporation
Founded more than 40 years ago, Chem Rx Corporation is a leading providerof institutional pharmacy services in the New York City metropolitan area, aswell as parts of New Jersey, upstate New York, Pennsylvania, and Florida.Chem Rx's client base includes skilled nursing facilities and a wide range ofother long-term care facilities. Through its services, Chem Rx provides morethan 65,000 institutional residents with prescription and non-prescriptiondrugs, intravenous medications, durable medical equipment items and surgicalsupplies. Chem Rx's website address is http://www.chemrx.net.
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Forward Looking Statements
This press release contains forward-looking statements within the meaningof the Private Securities Litigation Reform Act of 1995. Forward-lookingstatements are statements that are not historical facts. Such forward-lookingstatements are based upon the current beliefs and expectations of Chem Rx'smanagement and are subject to risks and uncertainties that could cause actualresults to differ from the forward-looking statements. The following factors,among others, could cause actual results to differ from those set forth in theforward-looking statements: compliance with government regulations; changesin legislation or regulatory environments; requirements or changes adverselyaffecting the health care industry, including changes in Medicarereimbursement policies; fluctuations in customer demand; management of rapidgrowth; intensity of competition; timing, approval and market acceptance ofnew product introductions and institutional pharmacy locations; generaleconomic conditions; geopolitical events and regulatory changes, as well asother relevant risks detailed in Chem Rx's filings with the Securities andExchange Commission. The information set forth herein should be read in lightof such risks. Chem Rx Corporation does not assume any obligation to updatethe information contained in this press release.Contacts: Steven C. Silva President and Chief Operating Officer Chem Rx Corporation 516-889-8770 Stephanie Carrington / Jared Hoffman The Ruth Group 646-536- 7017 / 7013 [email protected] [email protected]
SOURCE Chem Rx Corporation
