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MEDCO CONTAINMENT SERVICES AND UNITED HEALTHCARE ANNOUNCE AGREEMENT

 MEDCO CONTAINMENT SERVICES AND UNITED HEALTHCARE ANNOUNCE AGREEMENT
 NEW YORK, July 9 /PRNewswire/ -- Medco Containment Services, Inc. (NASDAQ: MCCS) and United HealthCare Corporation (NYSE: UNH) announced today that the companies are entering into a non-exclusive joint marketing agreement pursuant to which they will seek to market formulary-based prescription drug benefit programs to Medco's customers and mail service pharmacy programs to United HealthCare's customers. The companies also confirmed that discussions have occurred relative to other transactions between the companies, including different types of business combinations. No such agreements have been reached, however, and there can be no assurance that an agreement with respect to any such transaction will be reached.
 -0- 7/9/92
 /CONTACT: James V. Manning of Medco, 201-358-5830, or Dave Koppe of United HealthCare, 612-939-7760/
 (MCCS UNH) CO: Medco Containment Services, Inc.; United HealthCare Corp. ST: New Jersey, Minnesota IN: HEA SU: JVN


SM-SH -- NY058 -- 7904 07/09/92 14:16 EDT
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Publication:PR Newswire
Date:Jul 9, 1992
Words:154
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