Saudi Food and Drug Authority’s (SFDA) new draft regulations has limited firms’ ownership of pharmacies to the maximum of 30 pharmacies, while pharmacists can own up to five drug stores, Al-Eqtisadiah newspaper reported.
The distance between pharmacies is set at 1,000 meters from all directions, with a five-year license, SFDA said in a workshop at Jeddah’s chamber.
Obtaining SFDA’s license is a must to open a new pharmacy, it said.
Violators of these regulations or those who would take part in the adulteration of drugs are subject to penalties reaching SAR 10 million, serving jail time up to 10 years and getting their licenses cancelled.
Expat violators will be deported, it added.
Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.
Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}