Three Mistakes to Avoid When Applying for VAWD Accreditation

 Posted on August 18,2019 in PBM Pharmacy Audits

Wholesale drug distributors are actually pretty strictly regulated in the United States. To be a wholesale drug distributor, you have to be properly accredited and licensed and you must also pass a series of tests and inspections. The Verified-Accredited Wholesale Distributors (VAWD) was created by the National Association of Boards of Pharmacy (NABP) and helps ensure the quality of drugs that are in the U.S. marketplace. This is accomplished by requiring distributors to pass a variety of tests and criteria in order to receive the accreditation. Here are a few mistakes you should avoid making if you are trying to receive VAWD accreditation.

Not Properly Preparing

The accreditation process is one that is extremely thorough and often complicated. There are various documents that you must have on hand when you apply for your VAWD accreditation and you even have to have a complete business plan and Standard Operating Procedures (SOP) written out that prove that you will be compliant with all federal and state laws and requirements. Not having proper planning before you even begin the process can spell disaster.

Using Business Policies and Plans That Are Not Unique

One of the major requirements in the VAWD accreditation process is having an SOP and business plan that outlines the company’s practices and that proves that the company can meet each specific set of criteria put forth by the VAWD. The VAWD does not accept SOP’s that are cookie cutter or the same as other wholesale drug distribution companies. Your business plan and SOP has to be unique and tailor to your company, or you risk your application being canceled or straight up denied.

You Are Not Willing to Change

The reality of the matter is that you may not receive your accreditation until you are willing to change some of your policies to meet VAWD standards. Some businesses are extremely adverse to change and it takes quite a bit to convince them that they should. Change is inevitable and if you wish to be VAWD accredited, you will probably have to change at some point.

Hire a Knowledgeable Illinois VAWD Compliance Lawyer Today

VAWD is extremely crucial to the safety of Americans who take prescription drugs. If you are a wholesale drug distributor, you are required to have VAWD Accreditation, which is a long and complicated process. If you are pursuing VAWD accreditation for your wholesale drug distribution company, you should get in touch with an Illinois VAWD compliance attorney right away. At The Law Offices of Joseph J. Bogdan, Inc., we can help you make sure you have all of your ducks in a row and meet all of the compliance criteria to be accredited. Call our office today at 630-310-1267 to set up a consultation.

Sources:

https://nabp.pharmacy/programs/vawd/

https://nabp.pharmacy/programs/vawd/criteria/