USciences Honors Lucy Malmberg with Honorary Degree at Founders' Day Ceremony

Philadelphia, PA (03/05/2020) — Lucy Malmberg, R.Ph., F.A.C.A., F.A.C.V.P., philanthropist and chair of Wedgewood Pharmacy, one of the largest compounding pharmacies in the country, was honored during University of the Sciences' 199th Founders' Day at a ceremony on the University's Philadelphia Campus on Thursday, February 13, 2020. She received an honorary doctor of science degree from the University.

Malmberg was selected for the honor because she exemplifies the innovative and entrepreneurial spirit of the University founders throughout her career and personal life. Malmberg co-founded Wedgewood Pharmacy and has been instrumental in transforming the company from a local, community pharmacy into a specialized compounding pharmacy that serves more than 50,000 prescribers and hundreds of thousands of patients throughout the U.S. every year.

"I am honored and grateful to the University for giving me this award. I hope that my life example will inspire the next generation of healthcare and science leaders to boldly innovate and excel in their chosen professions," said Malmberg.

In 2002, Malmberg was a leader of the industry coalition of seven compounding pharmacies that argued successfully before the Supreme Court of the United States that the Food and Drug Administration Modernization Act of 1997, which prohibited pharmacists from advertising or promoting compounded drugs, was a violation of their First Amendment rights. Since that time, Malmberg has continued to lead industry efforts to protect the right of licensed prescribers to prescribe and licensed compounding pharmacists to provide, custom-made drugs to meet the needs of individual patients.

In 2005 Malmberg was instrumental in forming the International Academy of Compounding Pharmacists' public affairs task force, which created an advocacy program centered around Patients and Professionals for Customized Care, a website that provides tools and information for advocates of compounding pharmacy to influence public policy.

She is a member of the Board of Trustees for University of the Sciences and a member of the American Pharmacist Association, the National Community Pharmacists Association, and is a Fellow of both the American College of Apothecaries and the American College of Veterinary Pharmacists. She was an active board chair with the American Red Cross of the Delmarva Peninsula.

Malmberg holds a B.S. degree in Pharmacy from the Philadelphia College of Pharmacy at the University of the Sciences.

Malmberg, formerly of Wilmington, Delaware, currently resides in Sarasota, Florida. She enjoys golf, traveling, and playing the piano.

Media Attachments