Lucy Malmberg, Chairman of Wedgewood Pharmacy, Receives Veterinary-Pharmacy Industry Award

SWEDESBORO, N.J.–(BUSINESS WIRE)–#Award–The American
College of Veterinary Pharmacists (ACVP) presented the 2017 Earl W.
“Bill” Bradley Award to Lucy Malmberg, R.Ph., F.A.C.A., F.A.C.V.P.,
chairman of the board of Wedgewood Pharmacy. Wedgewood Pharmacy is the
largest U.S. compounding pharmacy specializing in animal health.

The award is presented to a member of ACVP who has shown outstanding
service to veterinary pharmacy; it has been awarded biennially since
2011. The presentation was made during the President’s Banquet on
February 26.

The Earl W. ‘Bill’ Bradley Award was established in 2006 for Fellows of
the American College of Veterinary Pharmacists. Bill Bradley served as
president of the American College of Apothecaries from 1988-89 and
played an integral role in the creation of the American College of
Veterinary Pharmacists in 1998. At that time, Bradley already was a
pioneer in veterinary compounding, having opened a veterinary-only
compounding pharmacy four years earlier. Over the years, Bradley has
served the ACVP as president, director and primary instructor of the National
Training Center Laboratory.

Donnie R. Calhoun, R.Ph., F.A.C.A., executive vice president & CEO
of ACVP, said, “Lucy Malmberg has played an integral role in the
development of veterinary compounding and its ability to improve the
lives of our animal patients. On behalf of the Board of Directors of the
American College of Veterinary Pharmacists, we thank Lucy for her
contributions to pharmacy and her dedication to our profession. She is
truly deserving of this honor.”

Marcy Bliss, president and CEO of Wedgewood Pharmacy, added, “Lucy’s
career as a steward for the health of both people and animals has been
extraordinary. She and her late husband, George, literally shaped the
modern practice of veterinary compounding pharmacy. This award
recognizes her many contributions to the pharmacy profession.”

Malmberg has more than 30 years’ experience in the pharmacy profession.
She is a registered pharmacist in Pennsylvania and Delaware. As
co-founder of Wedgewood Pharmacy, she has been instrumental in
transforming the company from a local community pharmacy purchased in
1981, into a specialized compounding pharmacy that is now one of the
largest in the United States, serving more than 30,000 prescribers
nationwide.

In 2002 Malmberg was a leader of the industry coalition of seven
compounding pharmacies that argued successfully before the Supreme Court
of the United States that the Food and Drug Administration Modernization
Act of 1997 (FDAMA), which prohibited pharmacists from advertising or
promoting compounded drugs, was a violation of their First Amendment
rights. Since that time, Malmberg has continued to lead industry efforts
to protect the right of licensed prescribers to prescribe, and licensed
compounding pharmacists to provide, custom-made drugs to meet the unmet
needs of individual patients.

In 2005 Malmberg was instrumental in forming the International Academy
of Compounding Pharmacists’ (IACP) public affairs task force, which
created an advocacy program centered around Patients and Professionals
for Customized Care (P2C2), a website that provides tools and
information for advocates of compounding pharmacy to influence public
policy.

Prior to Wedgewood Pharmacy, Malmberg was an executive at E.I. DuPont de
Nemours & Company, Inc. in a variety of sales, marketing and business
operations positions.

Malmberg is a past member of the Board of Directors of the International
Academy of Compounding Pharmacists and served on its Nominations
Committee. She is a member of the Board of Trustees for the University
of the Sciences, where she also serves on the Executive and Audit
Committees, and is Chair of the Advancement Committee.

She also is a member of the American Pharmacist Association and the
National Community Pharmacists Association, and is a Fellow of both the
American College of Apothecaries and the American College of Veterinary
Pharmacists. She was active with the American Red Cross of the Delmarva
Peninsula from 1995-2001, holding titles of board member, board
secretary, board vice chair and board chair.

In 2013 Malmberg was awarded the Evelyn Timmons, R.Ph., Advocacy Award
by Professional Compounding Centers of America. In 1991 she received the
DuPont Vice President’s Award for Quality and Leadership, and in March
1993 the DuPont Engineering Award for her leadership and contributions
to the Hotel DuPont project.

Malmberg holds a B.S. degree in Pharmacy from the Philadelphia College
of Pharmacy at the University of the Sciences.

About Wedgewood Pharmacy

In its 36-year history, the company has grown from a local community
pharmacy to become one of the largest compounding pharmacies in the
United States, serving more than 30,000 prescribers and hundreds of
thousands of patients throughout the U.S. every year with customized animal-health
and human-health
prescriptions. The company employs more than 300 people.

Wedgewood Pharmacy is accredited by Pharmacy Compounding Accreditation
Board (PCAB®) for compliance with PCAB pharmacy compounding
accreditation standards. PCAB is a service of Accreditation Commission
for Health Care and is a third-party accreditation organization that has
developed the highest national standards that providers are measured
against in order to illustrate their ability to effectively and
efficiently deliver quality compounded medications to consumers.

In June 2016, Chicago-based New Harbor Capital became the majority owner
of the company.

Contacts

Wedgewood Pharmacy
Marcy Bliss, 856-832-1303
President
MBliss@WedgewoodPharmacy.com
or
thePRguy
LLC
David Kirk, 480-382-9201
DavidKirk@thePRguy.com