Thursday, October 13, 2011

Idaho State University Pharmacy Students Win National Business Plan Competition

Released by: Idaho State University College of Pharmacy October 13, 2011
Written by: Camille Carter
Contact: Julie Hillebrant, 241-7514 or Kathleen Lehman 282-4597

Idaho State University Pharmacy Students Win National Business Plan Competition

POCATELLO – ISU College of Pharmacy students Idaho State University College of Pharmacy students Alan Pannier, Nick Beebe, Tyler Hemsley, and Weston Faux – also known as the hypothetical proprietors of “The Remedy” community pharmacy –convincingly sold their business plan model on Sunday, October 9, 2011, winning first place at the Good Neighbor Pharmacy National Community Pharmacists Association Pruitt-Schutte Student Business Plan Competition in Nashville, TN.

Dr. Paul Cady, Dean of the College of Pharmacy, traveled with the students to the national NCPA meeting reported:

“… I watched the presentations and in my, likely biased, opinion they (Pannier, Beebe, Hemsley, and Faux) totally blew away the competition … So, congratulations to Alan, Nick, Tyler and Weston. A big thanks to Dr. Kerry Casperson who gave much of his time and has inspired our students, and to Bill Eames for his vision of the value of stressing the role of business knowledge in pharmacy and for providing funding to encourage student involvement. We can all be proud.”

According to the NCPA website at www.ncpanet.org, team members and the advisor for the three finalist teams received complimentary registration, travel and lodging to NCPA’s 113th Annual Convention and Trade Exposition in Nashville, Tenn. Oct. 8-12.

First place winners receive $3,000 to the NCPA student chapter and $3,000 contributed to the school in the dean’s name to promote independent pharmacy. in Nashville last Saturday in a prestigious Business Plan Competition

Their plan was one of three chosen nationwide to compete in Nashville for the national title at the National NCPA Pruitt-Schutte Student Business Plan Competition.
The two other finalists were University at Buffalo, and the University of Oklahoma.

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