Chronimed Sets Fiscal 2005 Second Quarter Financial Results Release Date and Conference Call.

MINNEAPOLIS -- Chronimed Inc. (Nasdaq:CHMD), will release second quarter fiscal year 2005 financial results on Wednesday, January 26, 2005 after the market closes with a conference call on Thursday, January 27, 2005 at 9:00 a.m. CST (10:00 a.m. EST).

To participate in the conference call, dial 415-908-4750 at least 5-10 minutes prior to the scheduled time, and follow the operator's instructions. This call will also be webcast live over the Internet. To participate, please logon to our website at http://www.chronimed.com.

If you are unable to join us live, the call will be archived on our website. In addition, a recording of the conference call will be available through an instant replay service for a 24-hour period beginning at 11:00 a.m. CST. To access the replay during this period, call 800-633-8284 or 402-977-9140 and enter the reservation number 21229748.

About Chronimed Inc.

Chronimed Inc. is a specialty pharmacy that distributes prescription drugs and provides specialized therapy management services for people with certain conditions, including HIV/AIDS, organ transplants, and diseases treated with biotech injectable medications. Chronimed works with patients, physicians and other health care providers, pharmaceutical manufacturers, health plans and insurers, and government agencies to improve clinical and economic outcomes. Chronimed's web site address is www.chronimed.com.