The formulary
- A formulary is a continually updated list of medicines approved for use in the hospital, with policies on how they are used.
- In a closed (restrictive) formulary only listed drugs can be used routinely; non-formulary drugs need special approval. An open formulary allows any drug.
- Drugs are listed by generic name, usually grouped by therapeutic class, with strengths, dosage forms and any restrictions.
- A drug is added after evaluating its efficacy, safety, cost and evidence against existing alternatives.
- A good formulary improves rational prescribing, reduces cost and simplifies stock management.