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To: 2MAR$ who wrote (64937)8/5/2002 8:28:06 AM
From: SusieQ1065  Read Replies (1) | Respond to of 208838
 
yes...i saw that...

also like the TXN call play if we get another big
swoon on the SOX today/tomorrow...



To: 2MAR$ who wrote (64937)8/5/2002 8:32:01 AM
From: 2MAR$  Respond to of 208838
 
Andrx Sells Certain Internet Assets To Aventis' MyDocOnline Unit, Andrx's POL
Unit Signs Internet Marketing Deal With Aventis


Business Editors & Health/Medical Writers

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Aug. 5, 2002--Andrx
Corporation (Nasdaq:ADRX) today announced that Aventis' business unit,
MyDocOnline, agreed to purchase Andrx's Dr. Chart and @Rx applications
and license Andrx's patents for Internet transmission of
prescriptions. Aventis also entered into a two-year marketing
agreement with Andrx's Physicians' Online(TM) (POL) web portal.
As part of these transactions, Andrx expects to receive
approximately $6 million over the next two years. Dr. Chart is an
application that allows for electronic transmission of lab results
over the Internet, and @Rx is an electronic prescription writer. In
connection with @Rx, Andrx granted Aventis a non-exclusive license to
Andrx's U.S. patent numbers 5,737,539 and 5,845,255, related to the
electronic transmission of prescriptions over the Internet.
Commenting on these transactions, Richard J. Lane, Andrx's Chief
Executive Officer, said: "We continue to see the value of Internet
access to physicians as an element for the marketing of branded
pharmaceutical products and services. Today's announcement
demonstrates a major international pharmaceutical company's belief in
Internet access to physicians and the value that our POL offers. Our
divestiture of non-core Internet assets coupled with a marketing
agreement with a major pharmaceutical player is yet another step in
optimizing our Internet strategy and assets. In the interest of long
term shareholder value, we will continue to evaluate our Internet
assets and strategies within Andrx and its evolution toward a brand
company, including evaluating additional Internet divestitures and
alliances."

About Andrx

Andrx Corporation is a specialty pharmaceutical company engaged in
the formulation and commercialization of oral controlled-release
generic and brand pharmaceuticals utilizing its proprietary drug
delivery technologies. Andrx also markets and distributes
pharmaceutical products manufactured by third parties. This release
and additional information about Andrx Corporation are also available
on the Internet at: andrx.com

Forward-looking statements (statements which are not historical
facts) in this release are made pursuant to the safe harbor provisions
of the Private Securities Litigation Reform Act of 1995. For this
purpose, any statements contained in this report that are not
statements of historical fact may be deemed to be forward-looking
statements. Without limiting the generality of the foregoing, no
assurance can be given as to Andrx's success in continuing to divest
its Internet operations, and words such as "may," "will," "to,"
"expect," "plan," "believe," "anticipate," "intend," "could," "would,"
"estimate," or "continue" or the negative or other variations thereof
or comparable terminology is intended to identify forward-looking
statements. Investors are cautioned that all forward-looking
statements involve risks and uncertainties, including those risks and
uncertainties detailed in the Company's filings with the Securities
and Exchange Commission.

--30--jar/mi*

CONTACT: Andrx Corporation, Fort Lauderdale
Gale A. Blackburn
Director of Investor Relations
Phone: 954/217-4344
Email: gblackburn@andrx.com

KEYWORD: FLORIDA
INDUSTRY KEYWORD: MEDICAL PHARMACEUTICAL INTERNET PRODUCT
MARKETING AGREEMENTS
SOURCE: Andrx Corporation

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