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POLYMEDICA DECLARES REGULAR QUARTERLY DIVIDEND.

Biotech Financial Reports • August 1, 2005 •

PolyMedica Corporation (NASDAQ/NM: PLMD), Woburn, Mass. announced today that its board of directors has declared a regular cash dividend for its fiscal 2006 first quarter ended June 30, 2005, of $0.15 per share of PolyMedica common stock. The dividend is payable on August 15, 2005, to shareholders of record at the close of business on August 5, 2005.

About PolyMedica

PolyMedica Corporation is a leading provider of healthcare products and services to patients suffering from chronic diseases. With over 700,000 active patients, the company is the nation's largest provider of blood glucose testing supplies and related services to people with diabetes. In addition, PolyMedica provides its patients with a full range of prescription medications through its Liberty mail-order pharmacy. By communicating with patients on a regular basis, providing the convenience of home delivery and submitting claims for payment directly to Medicare and other insurers on behalf of their patients, Liberty provides a simple and reliable way for patients to obtain their supplies and medications and encourages compliance with their physicians' orders.

For more information, visit http://www.polymedica.com or call 781/933-2020


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