26 Mar 2025
💊FTZ 35 Authorization of Production Activity
Foreign-Trade Zone (FTZ) 35; Authorization of Production Activity; PCI Pharma Services; (Pharmaceutical Products); Croydon and Philadelphia, Pennsylvania
Summary
The Department of Commerce's Foreign-Trade Zones Board has authorized PCI Pharma Services to conduct production activities within FTZ 35 in Croydon and Philadelphia, Pennsylvania. This notification follows regulatory checks and public commentary and is intended to streamline operational efficiencies for the involved pharmaceutical production facilities.
Agencies
- Commerce Department
- Foreign-Trade Zones Board
Business Impact
$$ - Med
The content involves the authorization of production activity in a Foreign-Trade Zone (FTZ), which could lead to financial benefits and regulatory compliance implications for PCI Pharma Services and similar businesses in the pharmaceutical sector. The authorization signifies operational flexibility and potential cost savings due to the FTZ advantages.