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www.fdanews.com/articles/75148-polymedica-announces-acquisition-of-national-diabetic-pharmacies

POLYMEDICA ANNOUNCES ACQUISITION OF NATIONAL DIABETIC PHARMACIES

August 8, 2005

PolyMedica Corporation (NASDAQ:PLMD) announced today that it has agreed to acquire National Diabetic Pharmacies, Inc. in a transaction valued at approximately $55 million. The transaction, which is subject to Hart-Scott-Rodino approval, is expected to close in the fiscal second quarter ended September 30, 2005. The acquisition is expected to be neutral to mildly dilutive to PolyMedica's earnings per share in fiscal 2006 and to be accretive in fiscal 2007 and beyond.

Business Wire

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