South Dakota § 58-29G-1 Definitions.

South Dakota Statutes

§ 58-29G-1 — Definitions.

South Dakota·Title 58 INSURANCE·Ch. 58-29F PHARMACY AUDIT INTEGRITY PROGRAM

Terms used in this chapter mean:

(1)"Pharmaceutical manufacturer," any person engaged in the business of preparing, producing, converting, processing, packaging, labeling, or distributing a prescription drug, but not including a wholesale distributor or dispenser;

(2)"Pharmacy," any place within or outside this state, licensed by the State Board of Pharmacy, where drugs are dispensed, and pharmaceutical care is provided to residents of this state;

(3)"340B drug," a drug purchased through the 340B drug discount program by a 340B entity;

(4)"340B drug discount program," a program that imposes limitations on the prices of drugs purchased by covered entities, in accordance with 42 U.S.C. § 256b (January 1, 2025); and (5) "340B entity," a covered entity as defined in 42 U.S.C

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Terms used in this chapter mean: (1) "Pharmaceutical manufacturer," any person engaged in the business of preparing, producing, converting, processing, packaging, labeling, or distributing a prescription drug, but not including a wholesale distributor or dispenser; (2) "Pharmacy," any place within or outside this state, licensed by the State Board of Pharmacy, where drugs are dispensed, and pharmaceutical care is provided to residents of this state; (3) "340B drug," a drug purchased through the 340B drug discount program by a 340B entity; (4) "340B drug discount program," a program that imposes limitations on the prices of drugs purchased by covered entities, in accordance with 42 U.S.C. § 256b (January 1, 2025); and (5) "340B entity," a covered entity as defined in 42 U.S.C. § 256b(a)(4) (January 1, 2025).

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