The cost of pharmacy wholesaler bond is a fraction of the bond amount. Therefore, the cost of pharmacy wholesaler bond varies, depending on the state and your credit score. The exact cost of your bond depends on two factors
- The required bond amount
- Your credit score
The required bond amount is determined by the specific state where your pharmacy wholesaler operates and the type of drug you deals with. For example, California requires a $100,000 for prescription drug wholesaler but only $25,000 for all other types of drug wholesalers. On the other hand, in Arizona, there is only a $100,000 bond.
Generally, a $100,000 CA prescription drug wholesaler bond costs $2,000 and the $25,000 CA non-prescription drug wholesaler bond costs $500.