Eden Pharmaceuticals LEDA Project

At a glance

• What: O-26-36 (Bassan, by request) approves a project for Eden Pharmaceuticals, LLC under the Local Economic Development Act and City Ordinance O-04-10, to support the expansion of a compounding pharmacy and fulfillment center in Albuquerque. It authorizes a project participation agreement and other documents and appropriates funds.
• Decision (June 15, 2026): Bassan moved Amendment No. 1, which carried 9-0, then moved passage as amended, which carried 9-0.
• Gap: The action summary does not give the appropriation amount, job commitments or the content of the amendment.

Sources

• City Council action summary, June 15, 2026: https://legistar.granicus.com/cabq/meetings/2026/6/3149_M_City_Council_26-06-15_Action_Summary.pdf
• Council President letter of introduction, June 1, 2026: https://legistar.granicus.com/cabq/meetings/2026/6/3144_M_President_26-06-01_Letter_of_Introduction.pdf

Log

2026-06-15 - City Council

Amendment No. 1 carried 9-0; passed as amended 9-0.

2026-06-01 - President

O-26-36 introduced (Bassan, by request) for the June 15 Council meeting; the letter names the company as Eden Pharmacy, LLC.