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CAREMARK SAYS PRODUCT SALES IN COMPLIANCE

January 17, 2005

Pharmacy benefits manager Caremark on Monday said all the products it sells come from licensed wholesalers, a day after a published report said Illinois regulators were investigating whether it resold drugs that had been returned by patients. The Chicago Tribune reported that Illinois Attorney General Lisa Madigan was investigating whether Caremark resold medicines returned by patients to company distribution centers in Florida, Texas and Illinois. Most states prohibit resales because the medicine may have been damaged or tampered with, the newspaper said.

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