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Medco Chooses AllPoints at Anson in Whitestown, Indiana as Site for the World's Largest, Most-Advanced Automated Pharmacy

Wednesday, December 19, 2007 General News
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FRANKLIN LAKES, N.J., Dec. 18 Medco HealthSolutions, Inc. (NYSE: MHS), one of the nation's leading pharmacy benefitmanagers, today announced that AllPoints at Anson in Whitestown, Indiana, willbe the home of world's largest and most-advanced automated pharmacy, capping anearly year-long search that spanned 48 states.
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Medco selected Anson after narrowing its selections in early November tothree different counties in central Indiana, where 1,300 new jobs will becreated.
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"We found all of the potential locations attractive for the facility.However, Anson stood out because of the attractive proposal and feature-richsite provided by developers Browning Investments and Duke Realty. There is anice parallel between the Medco Therapeutic Resource Centers(TM) and the Ansonplanned community concept to create a new center of commercial, residentialand civic activity in the region," said Medco President and Chief OperatingOfficer Kenny Klepper. "Anson will now be home to the pharmacy of the future-- a facility that uses the best of automation to safely dispensemedications."

Medco also announced today that Richard P. Jones II will be vice presidentand general manager (VPGM) of the planned $140 million pharmacy, which takesup an area equal to six and a half football fields and will use its technologyto safely meet growing nationwide demand for lower cost medicines. Jones,currently the VPGM of Medco's Las Vegas Prescription Dispensing Pharmacy, is aseasoned veteran with more than 20 years of Medco pharmacy experience.

"To be part of the development of our newest automated pharmacy from theground up is a great opportunity. Medco is taking breakthroughs in scienceand technology to add a level of specialization and personalization topharmacy care that is unique to the industry," said Jones.

AllPoints at Anson, a joint venture between Browning Investments and DukeRealty Corporation, is a 616-acre development that will eventually be home to7.4 million square feet of industrial space. It's located on the north campusof Duke's 1,700 acre mixed use, planned community in southern Boone County.

"The growth and development of Medco will mirror the growth anddevelopment of Anson, where employees can work, live, shop, and play in oneplace that's designed around their needs. We truly believe that AllPoints atAnson offers them more than just a site; it gives them a stake in a thrivingnew community," said Tom Dickey, Vice President and General Manager of Anson.

Medco finalized terms to buy the 28-acre parcel in Anson, which is locatedat the northeast corner of the intersection of Anson Boulevard and CountyRoute 450, and Browning-Duke plans to start construction in the spring of2008. This new pharmacy is expected to dispense up to one millionprescriptions a week at greater than Six-Sigma(R) accuracy from its use ofrobotics, bar code scanners and sophisticated information technology networks,complementing Medco's automated mail facilities in Las Vegas and Willingboro,N.J.

The state's business-friendly environment, modern transportationinfrastructure, skilled labor pool and proximity to several schools ofpharmacy, including Butler University, Purdue University and Ivy Tech, werenotable factors in the site selection process. The next-generation mail-orderfacility will employ pharmacists, pharmacy technicians, engineers, pharmacysupport, managers and other staff.

"The low property taxes in Whitestown and the quality and low cost ofutilities in Boone County were also a contributing factor to the finaldecision," said Boone County Economic Development Corporation's executivedirector Kristie McKillip.

Medco intends to provide competitive salaries and a comprehensive employeebenefit package for a wide range of positions. Hiring is expected to begin inthe second quarter of 2008, with the majority of the hiring expected
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