Entrepreneur and YU College of Pharmacy class of ‘75 alumnus donates scholarships for juniors... Named ‘WithPharm Scholarship’
Donated a total of 210 million KRW including fund for constructing new College of Pharmacy Building
Founder of ‘WithPharm’, a pharmacy specializing in preparing prescriptions... Developed into one of Korea’s top pharmacy chains
[March 22, 2021]
<WithPharm Vice-chairman Park Jung-gwan donated 100 million KRW for scholarships to YU>
(From fourth on left: YU President Choi Oe-chool, Mrs. Kim In-sook (wife of Vice-chairman Park Jung-gwan), Vice-chairman Park Jung-gwan)
WithPharm Vice-chairman Park Jung-gwan (64) donated 100 million KRW for scholarships to YU.
At 11 a.m. on the 19th, Vice-chairman Park visited YU and met with YU President Choi Oe-chool stating his intent to donate 100 million KRW hoping to contribute with the studies of his juniors at YU. He will donate 20 million KRW every year starting this year for five years for a total of 100 million KRW. Vice-chairman Park also donated 110 million KRW in the past including for the fund to build a new YU College of Pharmacy building, and when including this pledge of 100 million KRW, he will donate a total of 210 million KRW to his alma mater at YU.
Mr. Park said, “I often see that universities are facing difficulties these days. There are many alumni who want to help with the development of their alma mater. It is not a lot, but I hope that it can help with my juniors with their studies at YU. I will continue to offer support for my alma mater in the future when I can.”
YU President Choi Oe-chool responded by saying, “This donation at such hard times will help me greatly as the president of the school in charge of its management. This will be a great source of pride for the College of Pharmacy alumni and the students currently studying here. The YU College of Pharmacy building that was built last year was also made possible thanks to the support and encouragement of the College of Pharmacy alumni. YU will continue to provide utmost support so that the College of Pharmacy can make even greater achievements.”
YU named the development funds donated by Vice-chairman Park as the ‘WithPharm Scholarship’ and plans to use it as scholarships for students.
Vice-chairman Park who is from the YU College of Pharmacy class of ‘75 founded ‘WithPharm’ focusing on pharmacies specializing in the preparation of prescriptions in 2000 and built it into one of the representative pharmacy chains in Korea. During its founding in 2000 when the domestic pharmaceutical specialization system was enacted in earnest, WithPharm proposed a new corporate model called ‘Pharmacy chain specializing in preparing prescriptions.’ It is evaluated that more importantly than profits of corporations, the pharmacy was systemized to help settle the pharmaceutical specialization system, and systemized the pharmacy chain business to offer expert information on drugs in an easy-to-understand manner for patients.
