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FOXMEYER SALES WILL RISE ABOUT 14% UNDER UHC DISTRIBUTION AGREEMENT

Executive Summary

FOXMEYER SALES WILL RISE ABOUT 14% UNDER UHC DISTRIBUTION AGREEMENT announced by the Dallas-based wholesaler July 14. FoxMeyer expects its contract with the University Hospital Consortium to generate $4-$5 bil. in Rx drug sales over the five-year life of the agreement, including a two-year renewal option. FoxMeyer will serve as the exclusive provider of Rx drugs beginning Feb. 1, 1995 to the 51 UHC members who participate in the UHC Pharmacy Purchasing Program.
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