The California Business and Professions Code requires any person or business that acts as a prescription drug wholesaler to be licensed with the California State Board of Pharmacy and post a $100,000 surety bond. The bond is in place to protect consumers from unethical or fraudulent business conducted by the licensed wholesaler.
Rates for this bond start as low as $1,000 per year with acceptable credit and business and personal financial statements. Rates are available for applications with excellent to challenged credit. To apply, please complete the online application. For the best rate available, please submit financial statements as well. Our team will submit your application to multiple carriers to ensure we offer you the lowest price available.