A California Pharmaceutical Wholesaler Surety Bond is required by the California State Board of Pharmacy (BOP) as a condition of licensure for entities that engage in the wholesale distribution of prescription drugs and devices. This bond serves as a financial guarantee that the licensee will comply with all applicable provisions of the California Business and Professions Code, particularly Sections 4160 through 4169.5, and any other rules regulating drug wholesale operations.
The purpose of the surety bond is to protect the public and the state against fraud, misrepresentation, and unlawful practices by pharmaceutical wholesalers. If the licensee violates the provisions of the law—such as distributing misbranded or adulterated drugs, failing to maintain appropriate records, or doing business with unauthorized entities—the Board or a harmed party may make a claim against the bond to recover financial damages.
The required bond amount is $100,000, as specified by the BOP. However, the bond amount may be reduced to $25,000 for wholesalers that certify in writing that they are only distributing dangerous drugs exclusively to veterinary premises or practitioners holding a veterinary license. Surety One, Inc. offers both bond amounts with fast underwriting and same-day turnaround in most cases.
Obtaining your California pharmaceutical wholesaler bond is easy with Surety One, Inc. As a specialist in license and permit bonds nationwide, we provide competitive rates, exceptional customer service, and immediate electronic delivery of bond documents. Whether you are applying for an initial license or need to renew your existing one, we are ready to assist.
This surety bond must be filed with your pharmacy wholesaler application or renewal documentation submitted to:
California State Board of Pharmacy
2720 Gateway Oaks Drive, Suite 100
Sacramento, CA 95833
Phone: (916) 518-3100
www.pharmacy.ca.gov
Let Surety One, Inc. be your partner in compliance. We proudly serve all applicants, including foreign entities and non-resident facilities distributing into California. For more information about the California Pharmaceutical Wholesaler Surety Bond or for assistance with your application, call (800) 373-2804, email Underwriting@SuretyOne.com, or click here for a live chat with a surety bond underwriter about your pharmaceutical wholesaler bond requirement or any other surety and fidelity bond need.
Surety bond application review and quoting are free of charge. There is no obligation to purchase.