About The Webinar

Biopharma and life sciences companies face unique challenges when valuing their research and development, clinical, commercial, and compassionate use products for cross-border transactions. These valuation decisions must comply with U.S. customs and tax laws, while complementing the company’s business and tax strategies. Every day, these companies enter into development and supply agreements, license technologies, sign royalty agreements, and source necessary materials to create innovative therapies. What often complicates these transactions is whether their value or cost must be added to the declared value of imported materials. 

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Please note we do not take American Express.

Key Topics

This webinar provides an overview of basic U.S. customs law valuation principles and highlights specific areas for review relevant to the industry. This webinar will cover the following topics as it relates to the biopharma and life sciences industry:

  • The World Customs Organization’s Customs Valuation Agreement
  • Basic concepts of customs valuation
  • Valuation tools and resources
  • Primary methods of appraisement
  • Meaning of “total payment” and “when sold for exportation to U.S.”
  • Understanding the five statutory additions to value
  • Treatment of related party transactions
  • Best practices for conducting reviews and declared value corrections

Please note we do not accept payment via American Express.


Andrea K. Jeglum


ANDREA K. JEGLUM is an associate for Sandler, Travis & Rosenberg, P.A., located in the Boston area. She concentrates her practice on customs compliance matters including tariff classification, country of origin, valuation, trade agreements, foreign-trade zones, and duty reduction programs. Prior to joining ST&R Ms. Jeglum served for more than 15 years leading global pharmaceutical and biotechnology companies through the complexities of global trade and related regulatory compliance matters.



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