A pharmacy is a business entity engaged
in the dispensing of drugs. To dispense means to deliver a prescribed
drug or device to an ultimate user or research subject by or pursuant
to the prescription order of a practitioner, including the compounding,
packaging or labeling necessary to prepare the prescribed drug or
device for delivery.
As stated in s.
450.06(1), Wis. Stats., no pharmacist may dispense at any location
which is not licensed as a pharmacy by the board. No person may
use or display the title "pharmacy", "drugstore", "apothecary" or
any other title, symbol or insignia having the same or similar meanings,
except for a place of practice which is licensed as a pharmacy by
the board. A pharmacy may not operate unless a pharmacy license
has been granted.
A pharmacy license authorizes
a pharmacy to operate only at the location designated on the license.
Licenses may not be transferred to another location. Any change
in pharmacy ownership shall be reported to the board office and
the pharmacy license of the former owner returned. A new pharmacy
license must be granted to the new pharmacy owner before the pharmacy
may operate.