Specialty Pharmacy Association of America (SPAARx) – Enrollment Exceeds 1,000 Members in First Two Weeks since Launch

FLORHAM PARK, N.J., Feb. 19, 2013 /PRNewswire/ --Armada Health Care announces an overwhelming enrollment response for the Specialty Pharmacy Association of America (SPAARx), a newly formed association representing the broad interests of the specialty pharmacy industry. Over 1,000 new members have joined SPAARx during the initial two weeks since launch.

SPAARx was created in response to a clear call from specialty pharmacies, specialty pharmaceutical manufacturers, payers and other organizations to form a self-governing, national association that broadly represents the professional and personal interests of all specialty pharmacy industry stakeholders.

"We are extremely pleased to see such strong interest in SPAARx. It underscores that this association is one that meets the needs of a vibrant and rapidly evolving industry," said Lawrence Irene, CEO of Armada Health Care. Irene continued, "We are committed to building a best-in-class association. The Interim Executive Board and organizing committee members from across the industry are already hard at work on numerous projects that will guide the organization forward and offer tangible value to the members."

Individuals interested in joining SPAARx may do so by visiting the member signup web site at http://www.spaarx.org.

About Specialty Pharmacy Association of America (SPAARx)

SPAARx is a new Association dedicated to the diverse interests of all individuals interested in the specialty pharmacy segment. SPAARx is national in scope and is managed and governed by a board of directors comprised of executives from a diverse group of specialty pharmacies and other industry-related organizations. SPAARx focuses on the professional and personal development of its members. This association is vendor-neutral and fully-aligned with the interests of all industry stakeholders. The association's goal is to protect and promote common industry interests along with fostering professional growth within specialty pharmacy. To join SPAARx, please visit http://www.spaarx.org.

About Armada: Armada Health Care, LLC (Armada) is the industry's largest specialty pharmacy group purchasing and contracting organization. Armada provides comprehensive and cost effective access to the nation's $100+ billion specialty pharmacy industry. Armada offers pharmacy providers, manufacturers, health plans and wholesale distributors a total channel management solution through customized patient programs, prescription-data-management services, online platforms and unique purchasing agreements on specialty pharmacy products.

For more information about Armada, please visit http://www.armadahealthcare.com

CONTACT: Chris Benz, Director - Business Development Armada Health Care 100 Campus Drive Florham Park, NJ 07932 973-564-8004 chris.benz@armadahealthcare.com

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Specialty Pharmacy Association of America (SPAARx) - Enrollment Exceeds 1,000 Members in First Two Weeks since Launch