What is the fee for an institutional pharmacy permit in South Dakota?

The fee for an institutional pharmacy permit in South Dakota is set at $160 for the initial application. This amount reflects the cost associated with the evaluation and processing of application materials to ensure compliance with state regulations. Institutional pharmacies, which usually serve healthcare facilities such as hospitals and nursing homes, must meet specific standards, and the fee contributes to the regulatory oversight that ensures patient safety and the proper distribution of medications within these settings.

Understanding the fee structure helps pharmacy professionals plan for budgetary needs when starting or operating an institutional pharmacy. Additionally, staying informed about these fees is essential for maintaining compliance with state licensing requirements. It is also important to know that renewal fees typically differ from initial application fees, which is why the other options related to renewal do not pertain to this specific question about the initial application fee.