Search
 

UPS entering the drug distribution business?

UPS has acquired a manufacturing pharmacy license from Georgias Board of Pharmacy that enables the company to not only ship pharmaceuticals, but to relabel them.

By Marlene Y. Satter | Updated on November 27, 2017
The move can be seen as a response to Amazon’s incursions into the pharmaceutical space. (Photo: Shutterstock)

It seems like a strange thing for a delivery company to do, but shipper UPS has acquired a manufacturing pharmacy license from Georgia’s Board of Pharmacy that enables the company to not only ship pharmaceuticals, but to relabel them.

CNBC reports that UPS has confirmed that it obtained the license “to provide services related to new and potential business engagements.” A company spokesperson is cited saying in the report that not only would the new license would “effectively give the shipping company more flexibility in handling the product,” but that the action was part of “standard operating procedure” in order to remain compliant with federal law. The new license could also be required if UPS wanted to add an insert to a shipping package, the spokesperson said.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

BenefitsPRO Broker Expo 2025 (BPRO)Event

The premier educational and networking event for employee benefits brokers and agents.

Get More Information
 

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2024 ALM Global, LLC. All Rights Reserved.