A new MSI with Medicap in fold.(MMR Annual Report)(Medicine Shoppe International Inc. )(Medicap Pharmacies Inc.) From: MMR | Date: May 3, 2004 | COPYRIGHT 2004 Racher Press, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

ST. LOUIS--Medicine Shoppe International Inc. (MSI), a Cardinal Health Inc. company, has completed its acquisition of Medicap Pharmacies Inc.

Already the leading franchiser of independent retail pharmacies, MSI adds a strong franchise that has recorded sales gains of more than 20% for 19 of its 24 years in existence.

"The Medicap chain is similar to MSI in that its pharmacy locations focus on personalized patient care and services," notes MSI president Bob St...