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Compounding Matters Quarterly - Spring 2015

Welcome to the spring issue of Compounding Matters Quarterly. In this issue: A Note From the President Six Things I Have Learned From Compounding Pharmacy Crises The Memorandum of Understanding: What It Is, What It Says, And What Happens Next The MOU -A Pharmacist's Perspective Personality of Personalized Care: Loren Madden Kirk IACP Foundation History Part 1 Save the Date For These Upcoming Programs

Welcome to the spring issue of Compounding Matters Quarterly.

In this issue:
A Note From the President
Six Things I Have Learned From Compounding Pharmacy Crises
The Memorandum of Understanding: What It Is, What It Says, And What Happens Next
The MOU -A Pharmacist's Perspective
Personality of Personalized Care: Loren Madden Kirk
IACP Foundation History Part 1
Save the Date For These Upcoming Programs

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Over the last 12 years, the endowment has been used in<br />

ways to educate the public and healthcare professionals<br />

in an effort to maintain the profession’s viability. Did<br />

you know that just about every pharmacy compounds?<br />

Most retail pharmacists compound something at some<br />

point, hospitals and homecare pharmacists may do both<br />

sterile and nonsterile, even prisons and jails may have<br />

a pharmacy owned by the government that employs<br />

pharmacists that compound necessary medications.<br />

Hospital ships, military installation hospitals or floating<br />

hospitals, the veterans affairs, even the mail order PBMs,<br />

nuclear and Positron Emission Tomography (PET)<br />

pharmacies, research facilities (including BIG Pharma<br />

research facilities), the National Institutes of Health,<br />

AND let’s not forget our animal companions who need<br />

sterile and nonsterile medications compounded that are<br />

supplied by veterinary schools, veterinarian, veterinarian<br />

offices, and retail pharmacies all compound. Education<br />

about how to compound, quality of all compounds,<br />

testing, stability, etc. is of the utmost importance to the<br />

IACP Foundation.<br />

In June 2004 the Foundation started an annual fundraiser<br />

aptly titled the “RxMixer” and dubbed, “A Party with A<br />

Purpose.” Since that time more than $1.6 million dollars<br />

have been raised to sustain the endowment and fund<br />

research and educational grants.<br />

Through lawsuits such as the Western States vs Tommy<br />

Thompson with the Supreme Court Ruling, Midland<br />

States vs FDA, split on estriol and the current demands<br />

from payers to provide evidence for use of compounded<br />

preparations the Foundation continues to educate<br />

patients, patient caregivers, prescribers, and pharmacists<br />

to the benefit of compounded medications.<br />

Personalized medications are becoming more<br />

personalized in both the human and animal world, and<br />

most have to be compounded. <strong>Compounding</strong> is not<br />

going away.<br />

Many people have played many roles in the formation<br />

and growth of the IACP Foundation. The original<br />

committee in 2003 consisted of:<br />

John Preckshot and Kathy Jackson as Co-Chairs<br />

John was the Lead for Campaign Development with<br />

two committees:<br />

• Facilities Committee—Lead by Eric Vidrine with<br />

members of Dean King, Chuck Leiter, and Phil Pylant.<br />

• Public Relations, Marketing & Advertising Committee—<br />

Lead by Peter Ford with members of Patricia Paget,<br />

Shelley Capps, and Patti Storey<br />

Kathy was the Lead for Solicitation with three<br />

committees:<br />

• Membership—Lead by Matt Kopacki with members<br />

of Mike Stein, Jim Paoletti, Ray Moreno and Eldon<br />

Armstrong<br />

• Stakeholders—Lead by Mike Leake with members<br />

of Mike Jones, Ron Petrin and Tom Marks<br />

• Foundations – Lead by Bill Letendre with member<br />

Leo Blais<br />

Keeping track of this ever evolving landscape is a<br />

challenge. The IACP Foundation and its committees are<br />

focused on providing education and research support to<br />

patients, prescribers, pharmacists, and students who are<br />

studying to become prescribers and pharmacists through<br />

scholarships to attend meetings and grants for research.<br />

“Rewind: Back to the 80’s” and join us at this year’s<br />

RxMixer – “A Party With A Purpose” to raise funds for a<br />

good cause and have fun at the same time on Sunday,<br />

June 7, <strong>2015</strong> in Washington D.C. during Compounders on<br />

Capitol Hill (CCH).<br />

In the next issues read more about the IACP Foundation:<br />

Part II – History of the RxMixer and the celebration of 15<br />

years in 2019<br />

Part III – History of Research and Education funded<br />

References:<br />

Lisa D. Ashworth, BS Pharm, RPh is the<br />

<strong>Compounding</strong> Specialist and Clinical Pharmacist<br />

at Children’s Health System of Texas. She is<br />

President of the IACP Foundation and has worked<br />

in the pharmacy industry for over 35 years.<br />

IACP Foundation. Bricks Mortar & Pestle: Building A Foundation<br />

For The Future Campaign Brochure. 2003.<br />

2003 Annual Meeting & Compounders on Capitol Hill, An Official<br />

Publication of the International Academy of <strong>Compounding</strong><br />

Pharmacists. 2003<br />

<strong>2015</strong>_RxMixer_.25pgAD_3.5x4.625_ad_rx_Layout 1 9/30/14 12:55 PM Page 1<br />

B E N E F I T I N G<br />

T H E I A C P F O U N D A T I O N<br />

11TH ANNUAL RX MIXER PRESENTS:<br />

SUNDAY, JUNE 7, <strong>2015</strong><br />

6:30PM – MIDNIGHT<br />

RENAISSANCE WASHINGTON, D.C.<br />

©2014 International Academy of <strong>Compounding</strong> Pharmacists Foundation. All rights reserved.<br />

106.14.151 IACPF Rx Mixer – 1/4 Page 4/c Ad (3.5 x 4.625”) • bertsDesign 713.825.5002<br />

IACPRx.org/Publications | <strong>Spring</strong> <strong>2015</strong><br />

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