Guardian Pharmacy Services, Inc. (NYSE: GRDN), one of the nation’s leading long-term care (LTC) pharmacy services companies, today announced its acquisition of Managed Healthcare Pharmacy, a leading LTC pharmacy in Oregon with locations in Eugene and Medford. This transaction marks a significant milestone for Guardian, establishing its first physical footprint in the state and expanding its presence in the Pacific Northwest. The newly acquired pharmacy serves residents in assisted living and behavioral health communities, as well as individuals with intellectual and developmental disabilities.

Established in 1991, Managed Healthcare Pharmacy is one of Oregon’s largest LTC pharmacies, with a strong track record of service in LTC communities across the state and into Washington. All existing leadership and staff will remain in place, and the pharmacy will continue operating under its existing name.

“We continue to grow in regions where senior living operators value more dependable, high-touch support from established LTC pharmacies,” said Fred Burke, president and CEO of Guardian Pharmacy Services. “Managed Healthcare Pharmacy has built a strong reputation in Oregon and Washington for its clinical expertise and deep commitment to the communities it serves. This acquisition allows us to expand our presence in the Pacific Northwest with a team already known for exceptional care and trusted partnerships.”

As with Guardian’s other acquisitions, Managed Healthcare Pharmacy will benefit from the company’s locally operated business model, supported by its centralized corporate team. This enables the local pharmacy to remain focused on exceptional customer service and the specialized needs of the communities and residents they serve, while Guardian assists with the many complex behind-the-scenes business functions, including data analytics, HR, IT, payor relations, national sales and more.

About Guardian Pharmacy Services

Guardian Pharmacy Services is one of the nation’s leading long-term care pharmacy services companies. Through its locally-based business model, Guardian partners with long-term care facilities (“LTCFs”) to deliver medications and a comprehensive suite of technology-enabled services designed to enhance care and improve adherence to drug regimens, helping to reduce the cost of care and improve clinical outcomes. With a growing network of more than 50 pharmacies nationwide, Guardian is dedicated to providing exceptional service to over 189,000 residents and approximately 7,000 LTCFs across 38 states (as of March 31, 2025).

Forward-Looking Statements

This press release contains forward-looking statements, including statements regarding our anticipated growth and expectations related to synergies and integration of the acquired pharmacy’s operations and employees. These statements are based on current expectations and assumptions and are inherently subject to risks and uncertainties, including those described in Guardian’s periodic reports on Form 10-K and Form 10-Q filed with the Securities and Exchange Commission from time to time, and which are publicly available at www.sec.gov and via our website, investors.guardianpharmacy.com. Actual results may differ materially from those expressed or implied in these statements. Guardian undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events, or otherwise.

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"This acquisition allows us to expand our presence in the Pacific Northwest with a team already known for exceptional care and trusted partnerships,” said Fred Burke, president and CEO of Guardian Pharmacy Services.