What must be done if there is a change in ownership of a nonresident pharmacy?

When a nonresident pharmacy undergoes a change in ownership, it is essential to apply for new licensure immediately. This requirement ensures that the new ownership is compliant with state regulations and that the pharmacy is operating under the appropriate legal framework. Each state's pharmacy board has established protocols that necessitate obtaining a new license when ownership changes, reflecting a new business entity responsible for the pharmacy’s operations and compliance with various laws.

This process is critical as it not only safeguards public health by allowing the regulating authorities to vet the new owners but also ensures that all operational standards are being met. Failing to secure new licensure could result in legal repercussions for the pharmacy, including fines or the suspension of operations.

While it is important to inform patients of such changes for transparency and continuity of care, this action does not replace the necessity for licensure. Additionally, notifying the FDA or continuing business without changes is not appropriate in this context as it overlooks the critical step of ensuring proper licensing. Therefore, applying for new licensure is the correct and necessary action to take when a nonresident pharmacy experiences a change in ownership.