Assured Pharmacy plans expansion

IRVINE, Calif. - Assured Pharmacy will open a new branch in Portland, Ore.--its third in the area and sixth overall. The move is in line with the company's plans to expand in major metropolitan areas by locating new locations in or near medical facilities, with a focus on Arizona, Nevada and Texas. Assured is projecting $20 million in revenues for 2007. The company offers specialty pharmacy and full-line DME and has contracts with major health plans to provide compounding services.