New Vic phar­macy rules

Pharmacy Daily - - Front page -

THE Vic­to­rian Phar­macy Au­thor­ity (VPA) has warned of sig­nif­i­cant changes to ap­proval pro­cesses for new phar­macy premises, in­clud­ing con­sid­er­a­tion of cases where there may be “undis­closed pro­pri­etary in­ter­ests or un­due in­flu­ence”.

The mea­sures are seen as likely to im­pact on phar­ma­cies launch­ing un­der a range of strongly-branded fran­chise groups such as Chemist Ware­house, Ram­say Phar­macy and oth­ers, in­volv­ing “in­creased scru­tiny of phar­macy busi­ness com­mer­cial ar­range­ments”.

Ap­pli­ca­tions will be as­sessed on a case-by-case ba­sis, and those ini­tially as­sessed as high risk in­volv­ing com­plex and tech­ni­cal com­mer­cial ar­range­ments or hav­ing ap­par­ent gaps in sup­plied doc­u­men­ta­tion - to be re­ferred to a monthly meet­ing of the Au­thor­ity for fur­ther con­sid­er­a­tion.

The com­mit­tee then may re­fer th­ese ap­pli­ca­tions to ex­ter­nal lawyers, ac­coun­tants or au­di­tors.

The VPA has warned the new pro­cesses may re­sult in in­creased costs to li­censees as well as ex­tended pro­cess­ing times.

Guide­lines on phar­macy busi­ness com­mer­cial ar­range­ments are cur­rently be­ing de­vel­oped, with fur­ther de­tails avail­able this month.

“The Au­thor­ity will con­tinue to as­sess fran­chise agree­ments for com­pli­ance with the own­er­ship and un­due in­flu­ence pro­vi­sions of the Act pro­gres­sively on a risk ba­sis,” a VPA com­mu­niqué said yes­ter­day.

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