COVINGTON, Ky.--(BUSINESS WIRE)--Jan. 30, 2006--Omnicare, Inc.
(NYSE:OCR) commented today on media reports regarding government
reviews of certain Omnicare facilities.
"Omnicare operates in a highly regulated industry and our goal is
to comply with all laws and regulations. As part of the normal
course of business in this highly regulated business, we and our
industry peers deal with government reviews and inquiries on a
regular basis. Unless disclosure is otherwise required, we do not
comment on - or confirm - government reviews or inquiries. It is
Omnicare's corporate policy to cooperate with all government
"Compliance is a top priority for Omnicare and we take this
responsibility seriously through our comprehensive compliance
program throughout our organization. We continue to be focused on
providing high-quality pharmaceutical care for the seniors we
About Omnicare, Inc.
Omnicare, Inc. (NYSE:OCR), a Fortune 500 company based in
Covington, Kentucky, is a leading provider of pharmaceutical care for
the elderly. Omnicare serves residents in long-term care facilities
and other chronic care settings comprising approximately 1,441,000
beds in 47 states, the District of Columbia and Canada. Omnicare is
the largest U.S. provider of professional pharmacy, related consulting
and data management services for skilled nursing, assisted living and
other institutional healthcare providers as well as for hospice
patients in homecare and other settings. Omnicare also provides
distribution and patient assistance services for specialty
pharmaceuticals. It also offers clinical research services for the
pharmaceutical and biotechnology industries in 30 countries worldwide.
For more information, visit the company's Web site at
In addition to historical information, this press release contains
certain statements that constitute "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of 1995.
These forward-looking statements are made on the basis of management's
views and assumptions regarding business performance as of the time
the statements are made, and management does not undertake any
obligation to update these statements. These forward-looking
statements include, but are not limited to, all statements regarding
the intent, belief or current expectations regarding the matters
discussed or incorporated by reference in this document (including
statements as to "beliefs," "expectations," "anticipations,"
"intentions" or similar words) and all statements which are not
statements of historical fact. These forward-looking statements,
together with other statements that are not historical, involve known
and unknown risks, uncertainties, contingencies and other factors that
could cause results, performance or achievements to differ materially
from those stated. Such risks, uncertainties, contingencies and other
factors, many of which are beyond the control of the Company, include,
but are not limited to: overall economic, financial, political and
business conditions; and other risks and uncertainties described in
the Offer to Purchase and Consent Solicitation Statement and in the
Company's reports and filings with the Securities and Exchange
Commission. Should one or more of these risks or uncertainties
materialize or should underlying assumptions prove incorrect, the
Company's actual results, performance or achievements could differ
materially from those expressed in, or implied by, such
forward-looking statements. Readers are cautioned not to place undue
reliance on these forward-looking statements, which speak only as of
the date hereof. Except as otherwise required by law, the Company does
not undertake any obligation to publicly release any revisions to
these forward-looking statements to reflect events or circumstances
after the date hereof or to reflect the occurrence of unanticipated
CONTACT: Omnicare, Inc.
Cheryl D. Hodges, 859-392-3331
SOURCE: Omnicare, Inc.