The Pharmaceutical Society of Australia (PSA) has announced its intention to acquire the Australasian College of Pharmacy (the College), in a strategic move to strengthen its position as the leading provider of education and training for pharmacists, pharmacy assistants and technicians.
Established in 1976, the College delivers member-based education, training and research programs tailored to pharmacy professionals.
PSA’s acquisition aligns with its broader strategy to enhance a sustainable future as the premier training body in pharmacy.
‘A transformational opportunity’
National President and Chair of the PSA Board Associate Professor Fei Sim FPS says the acquisition will be a transformational opportunity to grow PSA’s industry-leading education and workforce development offer.
“The PSA Board’s strategic decision to acquire the Australasian College of Pharmacy secures a long-term future for pharmacy workforce education.
“It puts PSA in a stronger representative and financial position to support and advocate for our members during this pivotal time of practice change in pharmacy,” says Associate Professor Sim.
The PSA Board has carefully considered the impact of acquiring the College, and alongside independent advice from third-party experts the Board is confident this is the right path forward for PSA, its members, and the broader profession.
“Growing our footprint within pharmacy education means we can further invest in not only education, but also the professional and practice support PSA provides,” says Associate Professor Sim.
‘A shared Commitment to providing relevant education to pharmacists’
ACP Chief Executive Officer Amanda Seeto says the College and the PSA have always shared a commitment to providing contemporary education and training in a format that is accessible, efficient, and most importantly, highly relevant to Australian pharmacists.
“This exciting and pragmatic change maximises the focus on world-leading professional development for Australian pharmacists, no matter their practice setting or career stage,” says Ms Seeto.
“The move will set our sector up for success, at a time when pharmacy is becoming an increasingly valued frontline health service.”
PSA members are set to vote on matters relating to the acquisition at an upcoming meeting.
