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Section 26-4-2 - Definitions — New Mexico Law | CourtGPT
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  6. Section 26-4-2 - Definitions
New Mexico Legal Code

Section 26-4-2 - Definitions

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As used in the Wholesale Prescription Drug Importation Act: A. 'Canadian supplier' means a manufacturer, wholesale distributor or pharmacy that is appropriately licensed or permitted under Canadian federal or provincial laws and rules to manufacture, distribute or dispense prescription drugs;B. 'committee' means the prescription drug importation advisory committee; C. 'department' or 'authority' means the health care authority department;D. 'eligible prescription drug' means a drug eligible for importation that:(1) meets the United States food and drug administration's standards related to safety, effectiveness, misbranding and adulteration;(2) does not violate federal patent laws;(3) is expected to generate cost savings; and(4) is not a controlled substance;E. 'program' means the wholesale prescription drug importation program; andF. 'state drug wholesaler' means a licensed wholesale drug distributor that contracts with the state to import eligible prescription drugs from a Canadian supplier.History: Laws 2020, ch. 45, § 2; 2024, ch. 39, § 58.ANNOTATIONSThe 2024 amendment, effective July 1, 2024, in Subsection C, after ''department'' added 'or authority', after 'means the'

adian supplier.History: Laws 2020, ch. 45, § 2; 2024, ch. 39, § 58.ANNOTATIONSThe 2024 amendment, effective July 1, 2024, in Subsection C, after ''department'' added 'or authority', after 'means the' deleted 'department of', and after 'health' added 'care authority department'.