Friday, April 27, 2012

University of Charleston drops idea of pharmacy school on Midway College's Paintsville site

The idea of a pharmacy school on a site in Paintsville owned by Midway College, the handling of which may have led to the  resignation of William Drake as college president, was killed today by the University of Charleston, which had been asked to take over the project.

The West Virginia school's Board of Trustees made the decision today, according to a press release form the university. “We are very grateful for the way all parties have worked together to explore this possibility,” President Edwin Welch said. “It has been an open and thorough process. Ultimately, we have concluded that it is not in the best interests of the institution to proceed at this time.”

After Midway College withdrew its application for accreditation of the proposed school sometime around the end of last year, it announced that it had signed a letter of intent to explore the idea of handing it over to the university, which has a pharmacy school. "The agreement provided for a due diligence period, which expired in late February," the release said, "and the university has continued to talk with interested parties and run projections as it assessed the costs and benefits of the potential program."

Drake's resignation was announced March 20. He has not replied to a request for comment on the project.

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