SHORT HILLS, N.J., Dec. 10, 2008 (GLOBE NEWSWIRE) -- Armada Health Care, LLC (Short Hills, NJ) the nation's largest specialty pharmacy network and group contracting organization announced today, it will once again host a national Specialty Pharmacy Summit at the Wynn Hotel in Las Vegas from March 10-13, 2009. The business conference, scheduled for early March 2009, is expected to attract nearly 1,000 attendees. Participants in 2009 will represent more than 50% of the total annual U.S. Specialty Pharmaceutical expenditure. Over 500 specialty pharmacy providers, industry-channel partners and representatives of industry-associated vendors attended last year's Summit. The increasing significance of the segment is evidenced by the rapid growth of the conference over the past four years.
Attending Specialty Pharmacy providers are offered this specific professional forum to evaluate new products, gain knowledge of current industry trends and network with peers, payors and vendor partners. Participating specialty pharmaceutical and biotech manufacturers will have the unique opportunity to present their products, review pipeline developments, and secure mutually beneficial relationships with the key decision makers in the fastest growing segment of the pharmaceutical industry, the Specialty Pharmacy channel. Attendees representing PBMs, major insurers, national distributors and financial institutions have also recognized the value of establishing relationships within this significant healthcare segment.
This annual event has evolved into the nation's principal and unparalleled meeting for the Specialty Pharmacy industry.
About the 2009 Armada Specialty Pharmacy Summit
In early 2005, Armada Health Care recognized the need to organize and host the industry's first national Specialty Pharmacy Business Summit. Since then, the annual Summit has grown nearly 30 fold in attendance and has become the premier showcase for the Specialty Pharmacy industry. The upcoming 2009 Specialty Business Summit venue will offer every attendee a genuine opportunity to learn more about the current specialty pharmacy segment. Meeting participants will also gain insight into future developments in this market so as to transfer today's specialty healthcare trends into tomorrow's successful business opportunities. Scheduled for March 10-13, the 2009 Summit will include Specialty Pharmacy providers, pharmaceutical and biotech manufacturers, national distributors, payors and many other key industry advocates and professionals. For more information, please visit the Summit website at www.armadasummit.com .
The 2009 Armada Specialty Pharmacy Summit logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5681
About Armada Health Care
Armada Health Care is the nation's largest Specialty Pharmacy group contracting organization. Armada and its network of national, regional and local specialty pharmacies promote the many comprehensive, patient-centric prescription services provided by Specialty Pharmacies. Armada's market leading success is driven by its ability to consistently deliver to the market unique disease specific manufacturer programs and contracting agreements. These programs are supported by Armada's proprietary prescription data software and customized data management reports. In 2008, Armada members will dispense more than $15 billion of specialty pharmacy prescriptions. For more information please visit www.armadahealthcare.com .