Business Journal: Pharmacy School Opens Locally

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(Sacramento, CA)
Wednesday, July 30, 2008
A group of local pharmacists and other backers raised $14 million to launch the for-profit California Northstate College of Pharmacy. The school has already accepted a full class of 80 students. It’s hired 15 faculty and eight staff members. The school could eventually expand to more than 600 students. California Northstate aims to be a top research and development institute in new drug therapies, backed by its own manufacturing plant. Tuition and fees for the first year total more than $38,000. The startup opens amid a shortage of pharmacists. California ranked second in the nation for unmet demand in February. Only North Carolina was worse. The college will be the eighth pharmacy school in California.