Fougera endows NACDS scholarship fund

NEW YORK With a major endowment from Fougera, the National Association of Chain Drug Stores Foundation last night inaugurated the Edmond Fougera Scholarship Fund at the 10th Annual NACDS Foundation Dinner.

To establish the fund, Fougera president and chief executive officer Paul McGarty presented a $160,000 contribution to Foundation chairman Steven Anderson. The money, a major addition to the NACDS Foundation Student Scholarship Program, will generate scholarships to be awarded each year to exceptional pharmacy students who have demonstrated strong leadership and a commitment to community pharmacy.

To establish the fund, Fougera president and chief executive officer Paul McGarty presented a $160,000 contribution to Foundation chairman Steven Anderson. The money, a major addition to the NACDS Foundation Student Scholarship Program, will generate scholarships to be awarded each year to exceptional pharmacy students who have demonstrated strong leadership and a commitment to community pharmacy.

“Advancing community pharmacy by supporting the next generation of professionals is an honorable mission, and one that Fougera is proud to be a part of,” McGarty said during the presentation.

“Pharmacy students will play a critical role in the future of healthcare delivery for patients,” said Anderson. “We are pleased to partner with Fougera in establishing the Edmond Fougera Scholarship Fund and help students meet their potential and continue to advance the profession of pharmacy.”

The company was founded by French immigrant Edmond Fougera in 1849 when he opened a retail pharmacy in Brooklyn, New York, and is a supplier of topical dermatologic applications.