Priority Healthcare Added To NASDAQ Biotechnology Index
14 November 2003 - 11:00PM
PR Newswire (US)
Priority Healthcare Added To NASDAQ Biotechnology Index LAKE MARY,
Fla., Nov. 14 /PRNewswire-FirstCall/ -- Priority Healthcare
Corporation will be added to the NASDAQ Biotechnology Index
effective Monday, November 24, 2003. "We are very pleased to join
the NASDAQ Biotechnology Index, which is composed of the largest
and most actively traded NASDAQ biotechnology and pharmaceutical
companies as classified by FTSE. This listing is a testament to
Priority's strength and reliability as a market leader in specialty
pharmacy and distribution. Since 2000, the NASDAQ Biotechnology
Index has outperformed the NASDAQ Composite, the S&P 500, and
the Dow Jones Industrial Average," said Steve Cosler, President and
Chief Executive Officer. "Priority Healthcare's commitment to
serving patients, physicians, payors and pharmaceutical
manufacturers continues to be a driving factor in the growth of our
company and the solid returns we've earned for our investors." The
NASDAQ Biotechnology Index is designed to provide investors with a
benchmark of stock performance for biotechnology and pharmaceutical
companies as defined by the FTSE(TM) Global Classification System.
This includes companies where the majority of revenue is derived
from the sale, licensing, and/or distribution of biopharmaceutical
and pharmaceutical medications. The NASDAQ Biotechnology Index is
calculated under a modified capitalization- weighted methodology.
For more information on the NASDAQ Biotechnology Index, please
visit http://www.nasdaq.com/. About Priority Healthcare Corporation
Priority Healthcare Corporation is a national specialty pharmacy
and distributor that provides biopharmaceuticals, complex
therapies, and related disease treatment programs and services.
Priority Healthcare provides comprehensive programs for patients,
payors, physicians, and pharmaceutical manufacturers for a growing
number of disease states including cancer, hepatitis C, respiratory
and pulmonary conditions, infertility, rheumatoid arthritis,
hemophilia, and multiple sclerosis. Additional information
regarding Priority Healthcare is available at
http://www.priorityhealthcare.com/ Certain statements included in
this press release, which are not historical facts, are
forward-looking statements. Such forward-looking statements are
made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements represent our expectations or beliefs and involve
certain risks and uncertainties, including those described in our
public filings with the United States Securities and Exchange
Commission; also including, but not limited to, changes in interest
rates, competitive pressures, changes in customer mix, changes in
third party reimbursement rates, financial stability of major
customers, changes in government regulations or the interpretation
of these regulations, changes in supplier relationships, growth
opportunities, cost savings, revenue enhancements, synergies and
other benefits anticipated from acquisition transactions,
difficulties relative to integrating acquired businesses, the
accounting and tax treatment of acquisitions, and asserted and
unasserted claims, which could cause actual results to differ from
those in the forward-looking statements. The forward-looking
statements by their nature involve substantial risks and
uncertainties, certain of which are beyond our control, and actual
results may differ materially depending on a variety of important
factors. You are cautioned not to place undue reliance on these
forward-looking statements that speak only as of the date herein.
http://www.newscom.com/cgi-bin/prnh/20030417/PHCLOGO
http://photoarchive.ap.org/ DATASOURCE: Priority Healthcare
Corporation CONTACT: Financial, Stephen Saft, Chief Financial
Officer, +1-407-804-6700, or Media, Kirsten Ayars, Public Relations
Manager, +1-407-804-6700, both of Priority Healthcare Web site:
http://www.priorityhealthcare.com/
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