National Association of Chain Drug Stores

From Wikipedia, the free encyclopedia

1 About NACDS
2 NACDS Mission
3 Current Executive Staff
4 NACDS Foundation
5 External Links
6 References

[edit] About NACDS

Founded in 1933 by six chain executives, the National Association of Chain Drug Stores (NACDS) has worked to provide the chain drug industry with a unified voice necessary for growth and success. More than 70 years later, NACDS is still dedicated to its original vision, representing the nation's leading retail chain pharmacies and suppliers--today, a markedly different industry.

Today, NACDS membership consists of nearly 200 chain community pharmacy companies. Collectively, chain community pharmacy comprises the largest component of pharmacy practice with about 114,000 pharmacists. Today, the chain community pharmacy industry is comprised of 20,849 traditional chain drug stores, 9,818 supermarket pharmacies, and 6,777 mass merchant pharmacies.

The NACDS membership base operates more than 37,000 retail community pharmacies with annual sales totaling nearly $700 billion, including $221 billion in sales for prescription medicines , over-the-counter (OTC) medications and health and beauty aids (HBA). Chain-operated community retail pharmacies fill over 70% of the more than 3.3 billion prescriptions dispensed annually in the United States. Additionally, NACDS membership includes nearly 1,000 suppliers of goods and services to chain community pharmacies.

NACDS continues to grow by expanding globally, adding 80 international members from 25 countries.^[1]

[edit] NACDS Mission

The chief purpose of NACDS is to represent the views and policy positions of member chain drug companies. This purpose is accomplished through the programs and services provided by the association which emphasize:

• Involvement in pharmacy and health-related issues.

• Promoting the value and role of community retail pharmacy in the health care system.

• Ensuring the community retail pharmacy perspective is communicated to and understood by legislators and policy-makers.

• Providing appropriate forums for retailers to interact with their suppliers and business partners.

• Creating a favorable political and business climate in which NACDS member companies can carry out their business plans.

• Developing and promoting policies and programs aimed at improving merchandise distribution and retail operations efficiency.

• Ensuring effective channels of communication between members and the association.

NACDS provides a wide range of services to meet the needs of the chain drug industry in accordance with these goals and objectives.^[2]

[edit] Current Executive Staff

President and CEO - Steven C. Anderson, IOM, CAE

Chairman of the Board - David Bernauer

[edit] NACDS Foundation

The NACDS Foundation is a 501c3 non-profit charitable organization that serves as the education, research and charitable affiliate of the National Association of Chain Drug Stores. The NACDS Foundation supports programs that advance and strengthen the chain pharmacy industry for the benefit of the public it serves. Among its activities, the Foundation provides scholarships for pharmacy students and supports pharmacy education programs that address the needs of community pharmacy practice. Additionally, the Foundation supports research efforts documenting community pharmacy's role and value in America's healthcare system, as well as addressing effective and safe use of medicines. ^[3]

The NACDS Foundation Pharmacy Student Scholarship Program offers two named scholarships recognizing gifts from individuals or organizations to support the educational development of future pharmacy leaders. The two current scholarships are the Robert J. Bolger Scholarship and the Taro Research Foundation Scholarship.

The NACDS Foundation is honored to recognize Robert J. Bolger through the named Robert J. Bolger Scholarship established by a generous gift from Barr Laboratories, Inc. in 2002. Robert Bolger served for 25 years as President of the National Association of Chain Drug Stores. He served on the Barr Laboratories Board of Directors from 1988-2002. Robert Bolger’s devotion to our industry and his untiring efforts to promote both the pharmacy profession and the value of pharmaceuticals is legendary.

The NACDS Foundation is pleased to recognize the Taro Research Foundation through the named Taro Research Foundation Scholarship established in 2003. The Taro Research Foundation is a private foundation whose main purpose is to support public charitable organizations that conduct medical research, facilitate medical education, or provide assistance to persons who are afflicted with medical disorders. The Taro Research Foundation supports the NACDS Foundation’s goal of developing future leaders in the chain community pharmacy industry. ^[4]