A major pharmaceutical company said yesterday that it will donate $1 million for the world's first endowed professorship in the study of drugs and the elderly at the University of Maryland at Baltimore.
The endowed chair, a gift by Parke-Davis, a division of the Warner-Lambert Co., will be dedicated to the study of geriatric pharmacotherapy, a health science that aims at reducing the risk of medication to the elderly. The company said it was making the gift in recognition of the contributions of a UMAB professor and assistant dean of the School of Pharmacy, Peter P. Lamy, whose scholarship in the field has brought him worldwide attention.
The gift comes 12 years after Dr. Lamy founded the first academic center on pharmacy and therapeutics for the elderly on the UMAB campus and after a decade of collaboration with Parke-Davis. Research at the center focuses on safer and more effective use of medications by elderly people by matching patients with appropriate drugs and dosages.