19 Feb 2025
💊Foreign-Trade Zone Notice for Piramal Pharma Solutions Production
Foreign-Trade Zone (FTZ) 35, Notification of Proposed Production Activity; PPL Healthcare dba Piramal Pharma Solutions (Piramal); (Cholesterol Medication); Philadelphia, Pennsylvania
Summary
The Department of Commerce announces Piramal Pharma Solutions' proposed production activity for cholesterol medication in Foreign-Trade Zone 35. The notification details the specific duty-free products and invites public comments, providing insight into production limitations and opportunities for businesses involved in pharmaceutical manufacturing.
Agencies
- Commerce Department
- Foreign-Trade Zones Board
Business Impact
$$$ - High
The notification pertains to a proposed production activity for cholesterol medication within a Foreign-Trade Zone, which may provide financial benefits through duty-free status on the mentioned products, impacting production and cost strategies for businesses involved in pharmaceuticals. It also invites public comments, indicating engagement opportunities for stakeholders.