IPO membership unanimously supports the call for action to remain
financially viable and to begin discussions with the Ontario Government
about the impact of the Transparent Drug System for Patients Act.
TORONTO, Nov. 28 /CNW Telbec/ - Ontario Independent Pharmacists gathered
last week to give their continued support to the new voice of professional
pharmacists, the Independent Pharmacists Association of Ontario (IPO). Over
300 of its members gave IPO President Ben Shenouda and its Board of Directors
unanimous approval for the release of the IPO's Positioning Paper
highlights the devastating effects of the Transparent Drug System for Patients
Act, TDSPA (Bill 102) on professional independent pharmacists in Ontario.
Ben Shenouda, IPO President, pointed out the profession's major concerns
in his presentation. "Professional Independent Pharmacists across the province
have on average lost about 34% of their revenue as a direct result to the
changes brought about by the Transparent Drug System for Patients Act. Because
about 90% of our business relies heavily on income from the dispensary side of
the business, the new regulations have been hard hitting on the bottom line."
IPO members called Mr. Shenouda to action urging the Association take its
rightful place as the voice of professional pharmacists in Ontario. The
pharmacists directed the IPO Board to start a dialogue with the Minister of
Health, Ministry officials and key people in the Ontario Government.
Shenouda thanked the unanimous support from the floor. "Our call to
action is straightforward. We need to move forward and build relationships
with the decision-makers so they better understand the impact that the TDSPA
is having on professional independent pharmacists in our province."
"The regulations associated with Bill 102 are unprecedented in the
industry. The new law has presented some real challenges for independent
pharmacists. We will be initiating this dialogue in the coming weeks and look
forward to sharing our position paper and our new website," Shenouda said.
He added, "I am confident that we will be able to work together to find
reasonable solutions that meet the needs of all parties so that we can sustain
a viable business climate for professional independent pharmacies in Ontario."
Shenouda explained that the IPO's new website, www.ipoassociation.com
will help this initiative as a resource for members and the public to get
up-to-date news and background information on the issues of importance to
The IPO formed in 2006 as a direct result of the passing of the
Transparent Drug System for Patients Act, TDSPA (Bill 102). To date, the IPO
has over 850 member pharmacists representing over 600 stores throughout
Ontario -- and its membership is growing steadily.
For further information:
For further information: Ben Shenouda, IPO President, (905) 792-3011,