Question

KNOW: When transferring medicinal drugs and/or changing ownership of a pharmacy (all permit types), what must be done?

Answer 1

When transferring medicinal drugs and/or changing ownership of a pharmacy, there are specific steps that must be followed to comply with regulations set by the FDA.

Step-by-step explanation:

When transferring medicinal drugs and/or changing ownership of a pharmacy, there are several steps that must be taken to ensure compliance with regulations.

1. The new owner of the pharmacy must obtain the necessary permits and licenses to operate the pharmacy legally.
2. The transfer of medicinal drugs from the previous owner to the new owner must be properly documented and recorded.
3. The new owner must ensure that all drugs in stock are properly labeled and stored, and that they meet the requirements set by the Food and Drug Administration (FDA).
4. If any changes are made to the pharmacy's inventory or drug product types, such as introducing new drugs or changing from prescription to over-the-counter status, the new owner must follow the appropriate procedures and obtain the necessary approvals.

By following these steps, the transfer of medicinal drugs and change of ownership can be carried out smoothly and in compliance with the regulations set by the FDA.