Kinray president and CEO donates money to pharmacy, health sciences school

NEW YORK A pharmacy school in New York has received a hefty sum from a pharmaceutical distribution executive.

Kinray president and CEO Stewart Rahr donated $50,000 to Long Island University’s Arnold and Marie Schwartz College of Pharmacy and Health Sciences. In turn, the university dedicated two elevators at its athletic center to Rahr at a ribbon-cutting ceremony in July, which Rahr attended.

“Pharmacy has been my whole life, and I feel a kinship with this university,” Rahr told attendees at the ceremony. “I am blessed to be able to give back.”

Rahr built Kinray up from a family-owned pharmacy into the largest privately held distributor of pharmaceutical, generic, health and beauty products in the world. Today, he donates time and resources organizations such as the Alzheimer’s Association, the Breast Cancer Society, the Rainforest Foundation and others.

“By supporting the academic goals of the next generation of pharmacists, he has made a significant contribution to his industry and to the overall healthcare landscape,” university president David Steinberg said. “Mr. Rahr has lived the American dream, and he is now making it possible for others to go forth and realize their dreams.”