PSA members overwhelmingly endorse strategic acquisition, paving the way for stronger training and education for pharmacists
20 February 2025
Members of the Pharmaceutical Society of Australia (PSA) have voted in support of the necessary constitutional changes to allow the acquisition of the Australasian College of Pharmacy (ACP) to proceed.
The decision to acquire the ACP, announced in early 2025, is part of the PSA Board’s broader strategic plan to grow value for members by expanding education opportunities for the profession, and securing a long-term, sustainable future for PSA as the premier training and education provider for pharmacists and pharmacy assistants.
Following the positive voting outcome from the Special General Meeting last night, PSA is now working with the ACP’s shareholders to undertake the necessary transaction and regulatory processes to enable the acquisition, marking a significant milestone in PSA’s journey to strengthening pharmacy education in Australia.
National President and Chair of the PSA Board Associate Professor Fei Sim FPS welcomed the result, saying it reflects strong member support for PSA’s vision for pharmacy education.
“Our members have shown us that they share our vision and our excitement for the future of pharmacy education, led by PSA,” Associate Professor Sim said.
“This is a vote of confidence in PSA’s future, both as the premier pharmacy education provider and as the peak body for all pharmacists in all areas of practice. Our members are at the centre of everything we do, and we have heard them loud and clear.
“Tonight’s voting outcome is one of the crucial steps. With this strategic direction endorsed by our members, we now progress to the next stage of transaction and regulatory processes.
“In navigating these next steps we are always acting in the best interests of our members to enable the successful acquisition.
“We are excited to start building the next chapter of PSA history, strengthening PSA’s position in supporting and advocating for our members during this pivotal time of practice change,” Associate Professor Sim concluded.
PSA is working closely with the ACP to ensure the transition is as smooth as possible for learners, our staff, and other stakeholders.
PSA remains committed to supporting pharmacists in all areas of practice and will provide further updates as the acquisition progresses.
Media contact: Georgia Clarke M: 0480 099 798 E: georgia.clarke@psa.org.au
