For how long must wholesalers keep their records?

Wholesalers are required to keep their records for a minimum of two years to comply with regulations and ensure traceability in the supply chain. This requirement is essential for maintaining accountability and transparency in drug distribution.

Keeping records for this duration allows regulatory authorities to conduct audits and investigations as needed, ensuring that the wholesaler can provide documentation of their transactions and inventory movements. The two-year period aligns with the standards set by various regulatory bodies, which recognize that this timeframe is sufficient to manage compliance for most types of drugs and products.

In the context of the broader regulatory framework, such as that governed by the Drug Enforcement Administration (DEA) and other state laws, this two-year requirement strikes a balance between the administrative burden on businesses and the need for effective oversight in pharmacy practices. This ensures that wholesalers can effectively manage their records while meeting legal obligations without retaining records for unnecessarily long durations.