Under what law are pharmacies required to keep records of controlled substance transactions for a minimum of two years?

The requirement for pharmacies to maintain records of controlled substance transactions for a minimum of two years is established under the Controlled Substances Act. This act serves as the primary federal law regulating the manufacture, distribution, and dispensing of controlled substances. It aims to prevent drug abuse and ensure that medications are used safely and effectively.

The two-year record-keeping requirement is crucial for regulatory oversight and helps authorities track the distribution and dispensing of potentially addictive substances, ensuring that pharmacies adhere to legal standards. By retaining these records, pharmacies contribute to a system that monitors the flow of controlled substances and supports public health efforts in managing substance use.

The other laws listed address different aspects of pharmaceutical regulation and do not specifically impose the same record-keeping requirements for controlled substances. For instance, the Food, Drug, and Cosmetic Act primarily focuses on the safety and efficacy of drugs and devices, while the other two acts pertain to drug pricing and Medicare-related improvements, rather than the specific obligations related to controlled substances.