May 7, 2007
Kelly J. Draganov
FOR IMMEDIATE RELEASE
Pharmacy Network Foundation, Inc. supports new pharmacy building effort
Charleston, SC - The Pharmacy Network Foundation, Inc. has pledged $1.5 million to help build a new educational facility for the South Carolina College of Pharmacy's campus at the Medical University.
The proposed new building will be located on President Street and will give the college, its students and its programs attractive and modern learning and research spaces, with plenty of room to grow in the years to come. This expansion will allow the college to better serve students and collaborate with the future Center for Drug Discovery.
In December, the MUSC Board of Trustees charged the MUSC Administration and the College of Pharmacy to develop a plan to replace the existing facilities on Calhoun Street. Based on today's price of construction, the new facility is expected to cost approximately $30 million to build, equip and support.
Pharmacy Network Foundation board members (standing, left to right) Andy Barrett, Milton Whaley, Julian Upchurch, Don Hill, (seated, left to right) Mickey Watts, Jimmy Jackson.
The gift from Pharmacy Network Foundation comes as the college prepares to welcome its second class of students since the pharmacy schools of the Medical University and the University of South Carolina joined forces to form a single, integrated school, the South Carolina College of Pharmacy.
United under a common banner and a single vision, the college has embarked on a mission to earn distinction as one of the nation's TOP-10 pharmacy schools. The new building at its MUSC campus will allow the school to replace the outdated facilities that have served as the home of pharmacy education at the Medical University for more than 65 years and move closer to attaining this goal, said Joseph T. DiPiro, Pharm. D., executive dean of the South Carolina College of Pharmacy.
"This new building will be a huge step in the right direction for the college to become one of the nation's premier pharmacy institutions," said DiPiro. "In turn, it will help us achieve our mission of better responding to the state's growing need for a larger and more comprehensively trained pharmacy work force."
The building will also solidify the statewide college's local presence on the MUSC campus, said Arnold W. Karig, Ph. D., MUSC campus dean of the South Carolina College of Pharmacy.
"The new facility will build upon the MUSC campus' long and proud tradition in pharmacy education, while creating a strong identity for the college on our campus," Karig said. "It will also open new doors of opportunity for research and collaboration that were not possible before."
With its pledge, the Raleigh-based foundation becomes the largest donor to the Charleston campus of the South Carolina College of Pharmacy. This commitment also adds to its pledge of $500,000 in June 2004, making the foundation's cumulative giving to the college $2 million. $1.95 of this amount is earmarked for the new pharmacy building.
"We recognize that this college is extremely strong, but feel that it needs to grow in order to continue turning out the number and caliber of pharmacists that are needed," said Mickey Watts, board president of Pharmacy Network Foundation. "The faculty and administration have always been so successful in their mission, but the bottom line is, you've got to have the physical plant in which to teach your students. That's why we decided to get involved in this effort to the degree that we have."
The foundation's involvement in the building effort will play a major role in furthering pharmacy education in the state, said Raymond S. Greenberg, M.D., Ph.D., president of the Medical University.
"The Pharmacy Network Foundation's gift is visionary and shows their commitment to excellence in pharmacy in South Carolina," Greenberg said. "We are grateful for the foundation's generosity and for their partnership during this exciting time in history for both the Medical University and the South Carolina College of Pharmacy."
Founded in 1990, The Pharmacy Network Foundation, Inc. supports pharmacy student scholarships and construction of pharmacy education facilities in North Carolina, South Carolina and Virginia.
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