August 21, 2012

Portland pharmacy wins funding from finance authority

Locally owned Apothecary by Design will use the money to make upgrades at two facilities.

The Associated Press

AUGUSTA — The Finance Authority of Maine has approved financing for Portland-based Apothecary by Design LLC, allowing the company to create and retain 38 jobs.

The action by FAME's board will help the company to make upgrades at its existing headquarters and to fund improvements at an additional facility. FAME has supported the company by providing loan insurance on loans made by Bangor Saving Bank since the company started in 2008.

Apothecary by Design, located in the InterMed Building at 84 Marginal Way, is a locally owned, independent pharmacy offering a range of integrated pharmacy services that include retail prescription and other services.

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