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Board sends proposed changes on 'common ownership' definitions back for redrafting after industry concerns
Summary
The Texas State Board of Pharmacy sent a proposed rule defining "common ownership" of pharmacies back to staff for redrafting after stakeholders warned the wording could force inconsistent corporate filings and unintended compliance burdens.
The Texas State Board of Pharmacy directed staff to return a proposed amendment that would define "common ownership" among pharmacies to the proposed stage for redrafting after hearing concerns from major health systems and chain pharmacy representatives.
John Griffith presented proposed definitions that would define "common ownership" as "two or more pharmacies with an identical owner of record with the board" and define "owner of record"…
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