What must a pharmacy do if there is a change in ownership?

When there is a change in ownership of a pharmacy, the new owner must reapply for a pharmacy license. This requirement is in place to ensure that the new ownership complies with all state and federal regulations regarding pharmacy operations. The reapplication process allows the regulatory authority to assess the new owner’s qualifications, verify adherence to pharmacy laws, and determine whether the new ownership aligns with community health standards.

This process is critical because licensing is tied closely to responsibility for compliance with legal, ethical, and safety standards in the practice of pharmacy. Simply updating the license with a new fee or notifying customers of the change would not adequately reflect the new ownership structure or ensure that all new operational protocols are understood and adopted by the incoming owner. Conducting a full inventory of all drugs is an important practice during ownership changes but is part of operational due diligence rather than a legal step in the licensing process itself. Reapplying for a pharmacy license is essential to maintaining the integrity of pharmacy practice throughout ownership transitions.