Myroxylon Pereirae is a tree species commonly known as Balsam of Peru. It is native to Central and South America and is known for its medicinal properties. This tree yields a resinous substance which is used in the production of perfumes, soaps, and cosmetics. The resin is also used in traditional medicine to treat various ailments. There are several other names for this tree, including Peru Balsam, Tolu Balsam, and Indian Balsam. Some of the synonyms for Myroxylon Pereirae include Myrosperum Pereirae, Myroxylon balsamum, Myroxylon pereirae var. balsamiferum, and Myroxylon pereirae var. pubescens. Regardless of its name, the Balsam of Peru remains an important natural resource with valuable properties.