1 EXHIBIT 10.34 June 8, 2001 Mr. Steven J. Lee 112 Farm Road Sherborn, MA 01770 Re: Amendment of Employment Agreement Dear Steve, This letter agreement serves to amend the Amended Executive Employment Agreement dated as of April 2, 2001, by and...

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                                                                   EXHIBIT 10.34



June 8, 2001


Xx. Xxxxxx X. Xxx
000 Xxxx Xxxx
Xxxxxxxx, XX   00000

                    Re:  Amendment of Employment Agreement

Dear Xxxxx,

This letter agreement serves to amend the Amended Executive Employment Agreement
dated as of April 2, 2001, by and between you and PolyMedica Corporation. (the
"Company").

      Term of Employment. The Employment Period, as defined in Section 2 of the
      Amended Executive Employment Agreement, is extended to February 28, 2003.

If the foregoing is acceptable to you, please indicate your agreement by signing
a copy of this letter agreement and returning it to the undersigned.

                                                Very truly yours,


                                                /s/ Xxxxxx X. Xxxxxxxxx
                                                -----------------------------
                                                Xxxxxx X. Xxxxxxxxx
                                                President

ACCEPTED AND AGREED TO:



/s/ Xxxxxx X. Xxx
-----------------------
Xxxxxx X. Xxx