Medco to acquire diabetes care leader PolyMedica

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Medco claims that PolyMedica Corp. is the nation's largest provider of blood glucose testing supplies and related services to people with diabetes.

Medco Health Solutions and PolyMedica Corp. announced a definitive agreement under which Medco will acquire PolyMedica in an all-cash transaction valued at $1.5 billion. The PBM Medco Health Solutions reported 2006 total net revenues of more than $42 billion. Medco claims that PolyMedica Corp. is the nation's largest provider of blood glucose testing supplies and related services to people with diabetes.

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