Spring/Summer 2011 - Purdue College of Pharmacy - Purdue ...

The Allen Chao Chair
in Industrial and
Physical Pharmacy
Rick Rondinelli (BS 1980)
Receives Eaton Entrepreneur
of the Year Award
Rick Rondinelli (BS 1980)
Founder, President, CEO and Owner,
In Touch Pharmaceuticals
“The Future of Long Term
Care Pharmacy”
Lyman D. Eaton II (BS 1974) and Joyce A. Eaton established
the Eaton Entrepreneur of the Year Award for an alumnus/a
of the College who has graduated within 20 years who has
excelled in entrepreneurial activities during his/her career.
The recipient must travel to campus to deliver a lecture relating
to entrepreneurial activity to the Dean’s Executive Forum.
The 2011 Eaton Entrepreneur of the Year Award was
presented to Rick Rondinelli (BS 1980). Rick received his
award after his lecture entitled “The Future of Long Term
Care Pharmacy” on February 11. He is the Founder, President,
and Owner of In Touch Pharmaceuticals, a long-term care
pharmacy. In Touch is a fully automated pharmacy dispensing
short cycle and compliance packaging. To date, In Touch is
servicing 60 facilities and 7,000 beds in the state of Indiana.
The College of Pharmacy
is delighted to announce the
establishment of the Allen
Chao Chair in Industrial and
Physical Pharmacy. This
chair is made possible by
merging the Allen Chao
Fund in Industrial Pharmacy,
previously established by
Dr. Allen Chao (PhD 1973,
Honorary Doctorate 2000),
with matching funds provided
through a Lilly Endowment grant. The resulting chair
would not have come to fruition without the continued
support of Dr. Chao.
“The College has greatly benefited from Dr. Chao’s
continued generosity, of which this latest announcement
is an example. As a leader in the pharmaceutical industry,
Dr. Chao understands the importance to any institution
of recruiting and retaining leaders of high caliber.
The creation of the Allen Chao Chair in Industrial
and Physical Pharmacy will be a tremendous help in
achieving this goal,” comments Dean Craig Svensson.
The chair holder is expected to provide leadership in
discovery, learning, and engagement related to industrial
and physical pharmacy. The search is ongoing and the
hire will be announced in a later edition of The Purdue
Pharmacist. “The Department of Industrial and Physical
Pharmacy is internationally recognized for its strengths in
pharmaceutical manufacturing. The Allen Chao Chair will
help us to attract and retain world-class faculty members
for this important area. We’re immensely grateful to
Dr. Chao for his ongoing support,” says Dr. Elizabeth
Topp, Head of the Department of Industrial and
Physical Pharmacy.
Dr. Allen Chao is the co-founder of Watson
Pharmaceuticals, Inc. After leading the company
for nearly 24 years, he stepped down as President
and Chief Executive Officer in 2007. He is currently
the Chairman and Managing Partner for Newport
Healthcare Advisors, LLC, a healthcare investment
management and consulting company. He and his
wife, Lee-Hwa Chao (BS 1973) reside in California.
Rick Rondinelli is presented the Eaton Entrepreneur of the Year
Award by Dean Craig Svensson
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