Thursday, February 19, 2015

High Importance!! Terminal Distributor Licence Will Be Required in Ohio Effective April 1, 2015 for business entities possessing or distributing dangerous drugs that are compounded

Effective April 1, 2015, ORC 4729.541 will require the following business entities to hold a license as a terminal distributor of dangerous drugs in order to possess, have custody or control of, and distribute dangerous drugs that are compounded or used for the purpose of compounding: (1) A business entity that is a corporation formed under division (B) of section 1701.03 of the Revised Code, a limited liability company formed under Chapter 1705. of the Revised Code, or a professional association formed under Chapter 1785. of the Revised Code if the entity has a sole shareholder who is a licensed health professional authorized to prescribe drugs and is authorized to provide the professional services being offered by the entity; or (2) A limited liability company, a partnership or a limited liability partnership, or a professional association, if, to be a shareholder, member, or partner, an individual is required to be licensed, certified, or otherwise legally authorized under Title 47 of the Revised Code to perform the professional service provided by the entity and each such individual is a licensed health professional authorized to prescribe drugs. Please note: a physician who practices as a sole proprietor under their medical license is still exempt from licensure as a terminal distributor of dangerous drugs. Please note: If you already have a terminal distributor of dangerous drugs license, this law change does not apply to you. To assist with the implementation of this change, the Ohio State Board of Pharmacy has developed and updated a frequently asked questions document, which can be accessed here: www.pharmacy.ohio.gov/CompoundingTDDD

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