Standard Management to acquire In-House Pharmacies

May 1, 2006

Standard Management Corp., Indianapolis-based provider ofpharmaceuticals to the long-term care and infusion therapyindustry, announced the signing of a definitive agreement for thepurchase of In-House Pharmacies of San Diego. In-House Pharmacies,with about $40 million in annual revenues specializes in long termcare and represents the largest in a series of acquisitions byStandard Management, adding to its national presence.

Standard Management Corp., Indianapolis-based provider of pharmaceuticals to the long-term care and infusion therapy industry, announced the signing of a definitive agreement for the purchase of In-House Pharmacies of San Diego. In-House Pharmacies, with about $40 million in annual revenues specializes in long term care and represents the largest in a series of acquisitions by Standard Management, adding to its national presence.

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