FRANKLIN LAKES, N.J., May 14 Medco Health Solutions, Inc., (NYSE: MHS), on behalf of its affiliated companies and the Medco Foundation, has donated $125,000 to the U.S. Red Cross for relief efforts targeted at victims of recent flooding in Tennessee and other affected areas.
Medco is one of the nation's largest pharmacies and parent company of Memphis-based Accredo Health Group -- which provides medications and counseling to people with rare and complex conditions.
"We hope this donation alleviates some of the suffering residents of Tennessee are enduring as a result of these floods," said David B. Snow, Jr., chairman and CEO of Medco. "Our hearts go out to those affected and we hope our assistance helps to advance a speedy recovery."
The American Red Cross Disaster Relief Fund will help meet immediate needs of victims of the recent flooding, providing food, shelter, emotional support, clean-up kits and other assistance for Tennessee families and communities as they begin to rebuild their lives. Others interested in helping may donate online at www.redcross.org, call 1-800 RED CROSS (1-800-733-2767), or text REDCROSS to 90999 to make a $10 mobile donation.
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(TM) for approximately 65 million members.
With more than 20,000 employees dedicated to improving patient health and reducing costs for a wide range of public and private sector clients, and 2009 revenues of nearly $60 billion, Medco ranks 35th on the Fortune 500 list and is named among the world's most innovative, most admired and most trustworthy companies.
For more information, go to http://www.medcohealth.com.
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; and fostering and promoting opportunities for volunteerism and civic engagement generally. The Medco Foundation is in the process of applying to the Internal Revenue Service for tax-exempt status as a 501(c)(3) corporation.
For more information, go to http://www.givehealthahand.org.
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.