HS Code for Suvorexant insomnia treatment compound

Introduction

In the world of international trade and logistics, understanding HS codes is crucial for smooth customs clearance and accurate documentation. This article focuses on the Harmonized System (HS) code for Suvorexant, a novel insomnia treatment compound. As a sleep aid and orexin receptor antagonist, Suvorexant falls under the category of Central Nervous System (CNS) drugs. We'll explore the specific HS code for this compound and discuss its implications for shipping and logistics.

Understanding HS Codes

Before delving into the specific code for Suvorexant, it's essential to understand what HS codes are and their significance in international trade:

The Harmonized System (HS) is an internationally standardized system of names and numbers for classifying traded products. It's used by customs authorities around the world to identify products when assessing duties and taxes and for gathering statistics. The system is administered by the World Customs Organization (WCO) and is updated every five years.

HS Code for Suvorexant

Suvorexant, as a pharmaceutical product and specifically a CNS drug, falls under Chapter 30 of the Harmonized System, which covers "Pharmaceutical products." The specific HS code for Suvorexant is:

3004.90

This code breaks down as follows:

• 30: Chapter for Pharmaceutical products
• 04: Heading for "Medicaments consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses or in forms or packings for retail sale"
• 90: Subheading for "Other" medicaments not specified in previous subheadings

Implications for Shipping and Logistics

Understanding the correct HS code for Suvorexant is crucial for several reasons:

1. Customs Clearance: Accurate HS code classification ensures smooth customs clearance processes, reducing the risk of delays or hold-ups at borders.
2. Duty and Tax Calculations: Different products may be subject to varying duty rates and taxes. Using the correct HS code ensures accurate cost calculations for importers and exporters.
3. Compliance: Proper classification helps ensure compliance with international trade regulations and agreements.
4. Trade Statistics: Accurate HS codes contribute to reliable international trade statistics, which are crucial for economic analysis and policy-making.

Shipping Suvorexant: Special Considerations

As a CNS drug and sleep aid, Suvorexant requires special attention during shipping:

1. Temperature Control: Pharmaceutical products often require specific temperature ranges during transport. Shippers must ensure that Suvorexant is stored and transported under appropriate conditions to maintain its efficacy.
2. Security: As a controlled substance, Suvorexant may require additional security measures during shipping to prevent theft or diversion.
3. Documentation: Proper documentation, including accurate HS codes, is crucial for the international shipment of pharmaceutical products. This may include certificates of analysis, safety data sheets, and other regulatory documents.
4. Packaging: Suvorexant must be packaged appropriately to protect it from damage and ensure its integrity throughout the shipping process.

FreightAmigo's Role in Shipping Pharmaceutical Products

At FreightAmigo, we understand the complexities involved in shipping pharmaceutical products like Suvorexant. Our digital logistics platform is designed to streamline the shipping process for these sensitive items:

1. Accurate HS Code Classification: Our system helps ensure that the correct HS code (3004.90 for Suvorexant) is used in all shipping documentation, reducing the risk of customs delays or compliance issues.
2. Temperature-Controlled Shipping Options: We offer access to carriers with temperature-controlled shipping solutions, crucial for maintaining the efficacy of pharmaceutical products during transport.
3. Real-Time Tracking: Our platform provides real-time tracking capabilities, allowing shippers to monitor their Suvorexant shipments throughout the journey.
4. Documentation Management: FreightAmigo's digital platform simplifies the management of complex documentation required for pharmaceutical shipments, ensuring all necessary paperwork is in order.
5. Customs Clearance Support: Our expertise in international shipping regulations helps navigate the complexities of customs clearance for pharmaceutical products.

Conclusion

Understanding the HS code for Suvorexant (3004.90) is crucial for anyone involved in the international trade of this insomnia treatment compound. As a sleep aid and orexin receptor antagonist, Suvorexant requires special attention during shipping to ensure its safety, efficacy, and compliance with international regulations.

FreightAmigo's digital logistics platform is well-equipped to handle the unique challenges of shipping pharmaceutical products like Suvorexant. By leveraging our expertise and technology, shippers can ensure accurate classification, proper handling, and smooth customs clearance for their valuable cargo.

For more information on how FreightAmigo can support your pharmaceutical shipping needs, including products like Suvorexant, please visit our website or contact our team of logistics experts. We're here to help you navigate the complexities of international shipping and ensure your products reach their destination safely and efficiently.

Reference/Source:

FreightAmigo, "Jewelry HS Code", https://www.freightamigo.com/shipping-tips/jewelry-hs-code/