Kaplan Acquires Pharm Exam Associates, Expanding Test Preparation Services to Pharmacist Candidates.Business/Medical Editors NEW YORK--(BUSINESS WIRE)--Aug. 30, 2001 Kaplan, Inc., a leading education and career services company, has announced the acquisition of Pharm Exam Associates, a New York-based provider of test preparation for the pharmacist licensing exam, NAPLEX NAPLEX North American Pharmacist Licensure Examination . Pharm Exam Associates will be integrated into Kaplan Medical, the unit of Kaplan, Inc. that provides test preparation for healthcare students and professionals. "Kaplan Medical is pleased to expand its offerings to future pharmacists through the high quality programs developed by Pharm Exam Associates," said Leigh-Ellen Louie, president of Kaplan Medical. "This acquisition enables us to continue our commitment to providing the highest quality preparation programs for health professionals." Pharm Exam Associates provides comprehensive test preparation for the NAPLEX exam, which individuals must pass in order to be licensed to practice pharmacy in all states except California. Students attend Pharm Exam Associates live lecture courses and seminars, offered in one- to three-day sessions, that cover all NAPLEX core competency areas. Pharm Exam Associates' NAPLEX review course is now available in six states, and Kaplan plans to scale Pharm Exam Associates operations to reach students nationwide. In particular, Kaplan will work with larger institutions such as pharmacy schools and large retail pharmacy chains to provide NAPLEX preparation for those institutions' students and potential employees. The founders of Pharm Exam Associates, Barry Reiss, PhD, Professor Emeritus, Albany College of Pharmacy Albany College of Pharmacy is a pharmaceutical college in Albany, New York, United States. It was founded in 1881 as the Department of Pharmacy of Union University. Presently, it is one of the only independent schools of pharmacy in the United States. and Gary Hall, MS, Professor of Pharmaceutics, Albany College of Pharmacy, will continue their roles under the Kaplan umbrella as both curriculum experts and teaching faculty. "We are proud of our business, which we developed and expanded over the past twenty-five years, and look forward to working with Kaplan, a company famous for its high-quality, results-driven products and its dedication to students," said Barry Reiss. "Kaplan's resources will enable us to expand throughout the U.S., while continuing to deliver an exceptional product." "We believe that Barry and Gary have built an excellent business," added Ms. Louie. "We look forward to having them continue in their roles as we add new customers to existing programs, develop new offerings, and expand to new locations." As pharmacy programs undergo a transition from the traditional five-year bachelor of pharmacy A Bachelor of Pharmacy (abbreviated BPharm) is an undergraduate academic degree in the field of pharmacy. The degree is a basic prerequisite, in many countries, for registration to practice as a pharmacist. program to a six-year doctor of pharmacy America Canada In Canada the Pharm. D. programme is offered in both English and French. It has been available from the University of British Columbia since 1991 and at the University of Toronto, both offering it as a post-graduate degree. (PharmD) program, and as retail pharmacy chains expand their operations, demand for licensed pharmacists is growing. Sixty percent of pharmacy school graduates work in chain pharmacies, twenty percent in independent pharmacies and twenty percent in hospitals. These institutions increasingly see the value of offering potential employees test preparation for the NAPLEX exam, as the exam is the last major hurdle for pharmacist licensure. Kaplan Medical is the world's leading provider of preparation services for the USMLE USMLE United States Medical Licensing Examination Graduate education A 3-step examination required for medical licensure in the US, sanctioned by the Natl Bd of Medical Examiners and Federation of State Medical Bds. See Off-shore medical school, USFMG. Cf FLEX. and the Clinical Skills Assessment (CSA (1) (Canadian Standards Association, Toronto, Ontario, www.csa.ca) A standards-defining organization founded in 1919. It is involved in many industries, including electronics, communications and information technology. ), also providing board review and Continuing Medical Education continuing medical education See CME. (CME CME See: Chicago Mercantile Exchange CME See Chicago Mercantile Exchange (CME). ) for practicing physicians, and test preparation for pre-medical, dental and nursing students. Kaplan Medical (www.kaplanmedical.com) is a unit of Kaplan's Test Preparation and Admissions division (www.kaptest.com), which offers preparation for 35 standardized tests, including entrance exams for secondary school, college, and graduate school, as well as English language and professional licensing exams. Kaplan (www.kaplan.com) is a premier provider of educational and career services to individuals, schools and businesses. Kaplan is a subsidiary of The Washington Post Company (NYSE NYSE See: New York Stock Exchange : WPO WPO Women Presidents' Organization (New York, NY) WPO World Packaging Organization WPO World Powerlifting Organization WPO Werkplek Onderzoek (Netherlands) ). Note to editors: Kaplan is a wholly-owned subsidiary of The Washington Post Company (NYSE: WPO) |
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