(d) A license to compound sterile drug products shall not be issued or renewed until the board does all of the following:

1. (1) Reviews a current copy of the pharmacy’s policies and procedures for sterile compounding.
2. (2) Reviews the pharmacy’s completed self-assessment form required by Section 1735.2 of Title 16 of the California Code of Regulations.
3. (3) Is provided with copies of all inspection reports conducted of the pharmacy’s premises, and any reports from a private accrediting agency, conducted in the prior 12 months documenting the pharmacy’s operations.
4. (4) Receives a list of all sterile medications compounded by the pharmacy since the last license renewal.

(e) A pharmacy licensed pursuant to this section shall do all of the following:

1. (1) Provide to the board a copy of any disciplinary or other action taken by another state within 10 days of the action.
2. (2) Notify the board within 10 days of the suspension of any accreditation held by the pharmacy.
3. (3) Provide to the board, within 12 hours, any recall notice issued by the pharmacy for sterile drug products it has compounded.

(g) The reconstitution of a sterile powder shall not require a license pursuant to this section if both of the following requirements are met:

1. (1) The sterile powder was obtained from a manufacturer.
2. (2) The drug is reconstituted for administration to patients by a health care professional licensed to administer drugs by injection pursuant to this division.