Sec. 2. (a) As used in this chapter, "compounding" means the combining, admixing, mixing, diluting, pooling, reconstituting, or otherwise altering of a drug or bulk drug substance by: (1) a pharmacist licensed under IC 25-26; (2) a physician licensed under IC 25-22.5; or (3) an individual under the supervision of an individual described in subdivision (1) or (2); to create a compounded drug. (b) The term does not include the following: (1) The mixing, reconstituting, or other acts performed in accordance with: (A) directions contained in the labeling that are: (i) approved by the federal Food and Drug Administration; and (ii) provided by the product's manufacturer; and (B) any other directions provided by a manufacturer that are consistent with the labeling. (2) The addition of flavoring. As added by P.L.136-2026, SEC.3.