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PTMK Pathmark Stores (MM)

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Share Name Share Symbol Market Type
Pathmark Stores (MM) NASDAQ:PTMK NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

PATHMARK Launches Pharmacy Advantage Club

14/03/2007 2:57pm

Business Wire


Pathmark Stores (NASDAQ:PTMK)
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Pathmark Stores, Inc. (NASDAQ:PTMK). As consumer health care issues continue to be at the forefront of public discussion, Pathmark Stores, Inc., announced that it is launching its Pharmacy Advantage Club in order to assist qualifying individuals in managing the cost of their prescription drugs. The program’s initial enrollment period began on February 23, 2007 and has been extended through April 28, 2007. Club participation is open to all Pathmark Advantage Card holders and is free for all enrollees. Consumers may sign up for a Pathmark Advantage Card and Club participation at any Pathmark store. While the Pathmark Pharmacy Advantage Club is not an insurance program, it does offer qualifying members the opportunity of a $4.00 co-pay on over 300 generic medications, up to a 30 day supply, at commonly prescribed dosage. Coverage under the Club program cannot be combined with any other prescription program. The list of covered drugs is available in all of Pathmark’s 128 pharmacies as well as the Pathmark website (www.pathmark.com). Some of the drug categories that will be covered for those belonging to the Pharmacy Advantage Club include allergy, asthma, cardiac, diabetes, thyroid, and cough and cold. Additionally, customers who join the Club are eligible for priority scheduling in company-sponsored flu shots and immunization programs, as well as free bone density, diabetes, and blood pressure screenings. Commenting on the launch of the program, Pathmark’s Co-President and Chief Marketing Officer Ken Martindale stated, “We are pleased to offer this valuable membership to our customers. Our Pharmacy Advantage Club costs nothing to join and offers consumers another way to save on their prescription purchases. As always, our highly skilled pharmacists are available for individual consultation with our customers in the area of patient care. This program underscores Pathmark’s ongoing commitment to providing affordable, high quality health care assistance to the communities we serve.” Pathmark is a leading regional supermarket chain currently operating 141 stores in the New York, New Jersey and Philadelphia Metropolitan areas. Additional information about Pathmark may be found at its website, www.pathmark.com.

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