Online Pharmacy Sales Grow 51% In 2002

Medcohealth.com, a Franklin Lakes, N.J.-based online pharmacy has reached $1.4 billion in sales in 2002, representing a 51% growth in its online business over 2001. The company's strategy is designed to streamline the management and delivery of prescription and healthcare services via the Internet to its clients' plan members, which collectively total 64 million people, or one in four Americans. In 2002, medcohealth.com processed nearly 11 million prescriptions and currently processes more than 260,000 prescriptions a week.

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