Final answer:
Record retention in the pharmaceutical field involves keeping records of substances received, administered, dispensed, or used professionally. Prescribers, pharmacists, and manufacturers/wholesalers have specific records to maintain for different activities such as receiving, disposing, compounding, and preparing substances.
Step-by-step explanation:
In the context of the pharmaceutical field, record retention refers to the practice of keeping records of various activities related to substances used by different stakeholders, such as prescribers, pharmacists, and manufacturers/wholesalers.
Prescribers are required to keep records of substances they receive, administer, dispense, or professionally use without prescription. Pharmacists record the substances received and disposed of. Manufacturers and wholesalers are responsible for keeping records of substances that are compounded, mixed, cultivated, grown, produced, or prepared.
These record-keeping practices are important to ensure compliance with regulatory requirements, traceability of substances, and patient safety.