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Pharmacy Ownership Changes

Please familiarize yourself with the applicable rules and laws regarding the practice of pharmacy in Iowa prior to the submission of any application.

A change of ownership occurs when the owner listed on the pharmacy’s most recent application changes or when there is a change affecting the majority ownership interest of the owner listed on the pharmacy’s most recent pharmacy application. A pharmacy undergoing a change in ownership is required to notify the pharmacist in charge and patients of the change in accordance with 657 IAC 8.35(7). A change of ownership effectively consists of closing a pharmacy and opening a new pharmacy.

Any restrictions or disciplinary history associated with the previous pharmacy shall remain unchanged. A pharmacy wishing to disassociate itself from the previously licensed pharmacy restrictions or disciplinary history may petition the board for such disassociation. The burden is on the pharmacy to demonstrate that the current pharmacy is not associated with or responsible for the pharmacy as it previously existed. 

Instate Pharmacy - A change of pharmacy ownership requires submission of a pharmacy license application and nonrefundable fee. A change of ownership may require an on-site inspection.  The pharmacy will be issued a new license number. 

Nonresident Pharmacy* - A change of pharmacy ownership requires submission of a pharmacy license application and nonrefundable fee.  The pharmacy will not be issued a new license number.  

*In the instance where the nonresident pharmacy’s name is also changing, please defer to the Name Change instructions. 

If the pharmacy also holds an Iowa CSA registration, then the application must include the nonrefundable fee to change the CSA registration.  

Closed pharmacies must return the pharmacy license(s) to the Board office within ten (10) days of closing.

Penalty fees will be assessed for late submissions.  

The application can be found in the Pharmacy Applications/Forms and Online Services menu below.