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Prime Therapeutics Contracts with Blue Shield of California

Prime Therapeutics LLC (Prime) has entered into an agreement with Blue Shield of California (Blue Shield) to supply Blue Shield's mail pharmacy services, beginning January 1, 2008. The initial arrangement is for a four-year period. Blue Shield, one of the largest health plans and insurers in California with membership totaling 3.2 million, joins a growing number of not-for-profit Blue Cross and Blue Shield Plans nationwide that have selected to collaborate with Prime, a pharmacy benefit management company with significant experience working with Blue Cross and Blue Shield Plans.

A key selection factor for Blue Shield was Prime's demonstrated assurance to providing high-quality customer service to members. Nancy Stalker, Vice President of Pharmacy, Blue Shield of California said, "Prime's pharmacy expertise and reputation for strong customer service led us to select Prime Mail(R). We are pleased to work with a company that holds similar values of dedication to providing high quality care and exemplary service to members."

Tim Dickman, Prime's President and Chief Executive Officer said, "Prime welcomes Blue Shield of California's business. Our operational scalability and innovative pharmacy approach positions us to, efficiently add Blue Shield of California to our growing family of Blues clients. Working with Blue Shield is a great opportunity to showcase Prime's exceptional expertise and commitment to service in the mail pharmacy arena."

Prime's state-of-the-art pharmacy facilities present a completely incorporated mail-service solution backed by a specialist pharmacy staff and account support. Prime Mail pharmacy staff is dedicated to timely and precise dispensing, premium service and providing convenient, easy-to-use ordering alternatives for members.



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