The New Mexico Board of Pharmacy had enacted rules that make changes to wholesale drug operator's licensing and bonding requirements. A "wholesale distributor" is a person or entity (other than a manufacturer, a manufacturer's co-licensed partner, a third-party logistics provider, or repackager) engaged in wholesale drug distribution (Title 16). Delivery of a prescription drug to a person other than a consumer or patient, or receipt of a prescription drug by a person other than the consumer or patient is the regulated activity.
The Board requires a New Mexico wholesale drug distributor bond as a part of licensing. Pursuant to the statute, the bonding requirement is tiered at the discretion of the regulator as follows:
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