Doing its due diligence

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College Board says it followed correct procedures when PSA offer was rejected

The Board of the Australian College of Pharmacy followed correct procedures and conducted proper due diligence in assessing a PSA offer to partner with the College.

The offer was rejected, but the process under which this happened has been questioned in light of a College Board proposal to accept an offer to partner with the Pharmacy Guild of Australia (Queensland).

Responding to claims made by senior PSA officials that the ballot process undertaken by the College was inadequate, Dr Treasure McGuire, who was President of the College at the time, said in a statement that the Board undertook an in-depth due diligence process to provide the best member option.

“In 2018 the Board realised that in order to remain viable and continue to deliver on our mission and vision for members, we needed to talk to potential partners and develop a strategy for the future,” she said.

“We had detailed discussions with both the Pharmacy Guild of Australia, Queensland and the Pharmaceutical Society of Australia across a twelve month period.

“After lengthy deliberation, the Board felt that Pharmacy Guild of Australia Queensland would provide a better long term strategy for our members and as such have provided this option for members to consider via the ballot,” Dr McGuire said.

“The agreement proposal offered by The Pharmacy Guild of Australia Queensland will retain current member benefits including fellowships, and a lower fee structure, and maintaining the independence of the Academic Board, to name a few”.

A PSA spokesperson said they were “obviously disappointed that the Board of the Australian College of Pharmacy walked away from discussions with PSA earlier this year which would have provided a continuation of member rights and voting, along with a viable and prosperous future for the college under the banner of PSA.

“We are disappointed that members of the college have not been made aware that there are alternatives to the one being currently presented to them”.

The College’s board has changed substantially in its makeup since the PSA offer was put forward, and rejected. Current chair Chris Owen was not part of the previous board. 

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