Missouri News: Changes Made to Change of Owner Requirements

May 1, 2006 10:18 am

Published in the May 2006 Missouri Board of Pharmacy Newsletter

Changes to regulations governing the change of ownership of pharmacies and drug distributors have been finalized by the Missouri Board of Pharmacy and are contained within 4 CSR 220-2.020 and 4 CSR 220-5.020. These changes were made in order to ensure regulations would reflect statutory intent. The biggest change came with the elimination of the 30-day grace period from the date of ownership change. Instead, applications should reach the Board prior to the change in ownership taking place. An area on the application is provided to record the effective date of when the change occurs. The Board will then issue a temporary license for continued operation of the pharmacy while outstanding issues such as the required inspection can be completed.