diff --git a/common/lib/xmodule/xmodule/modulestore/perf_tests/test_asset_import_export.py b/common/lib/xmodule/xmodule/modulestore/perf_tests/test_asset_import_export.py
index 087fdcfc2bb517fdc34aed9947ea3b56a2346e9a..47b89d6c339ec5e0193727d4e381db8e09ab9bca 100644
--- a/common/lib/xmodule/xmodule/modulestore/perf_tests/test_asset_import_export.py
+++ b/common/lib/xmodule/xmodule/modulestore/perf_tests/test_asset_import_export.py
@@ -22,13 +22,6 @@ from xmodule.modulestore.tests.utils import (
 )
 from xmodule.modulestore.perf_tests.generate_asset_xml import make_asset_xml, validate_xml, ASSET_XSD_FILE
 
-# The dependency below needs to be installed manually from the development.txt file, which doesn't
-# get installed during unit tests!
-try:
-    from code_block_timer import CodeBlockTimer
-except ImportError:
-    CodeBlockTimer = None
-
 # Number of assets saved in the modulestore per test run.
 ASSET_AMOUNT_PER_TEST = (0, 1, 10, 100, 1000, 10000)
 
@@ -139,86 +132,6 @@ class CrossStoreXMLRoundtrip(unittest.TestCase):
                         )
 
 
-@ddt.ddt
-@unittest.skip
-class FindAssetTest(unittest.TestCase):
-    """
-    This class exists to time asset finding in different modulestore
-    classes with different amounts of asset metadata.
-    """
-
-    # Use this attr to skip this test on regular unittest CI runs.
-    perf_test = True
-
-    def setUp(self):
-        super(FindAssetTest, self).setUp()
-        self.export_dir = mkdtemp()
-        self.addCleanup(rmtree, self.export_dir, ignore_errors=True)
-
-    @ddt.data(*itertools.product(
-        MODULESTORE_SETUPS,
-        ASSET_AMOUNT_PER_TEST,
-    ))
-    @ddt.unpack
-    def test_generate_find_timings(self, source_ms, num_assets):
-        """
-        Generate timings for different amounts of asset metadata and different modulestores.
-        """
-        if CodeBlockTimer is None:
-            pytest.skip("CodeBlockTimer undefined.")
-
-        desc = "FindAssetTest:{}:{}".format(
-            SHORT_NAME_MAP[source_ms],
-            num_assets,
-        )
-
-        with CodeBlockTimer(desc):
-
-            with CodeBlockTimer("fake_assets"):
-                # First, make the fake asset metadata.
-                make_asset_xml(num_assets, ASSET_XML_PATH)
-                validate_xml(ASSET_XSD_PATH, ASSET_XML_PATH)
-
-            with source_ms.build() as (source_content, source_store):
-                source_course_key = source_store.make_course_key('a', 'course', 'course')
-                asset_key = source_course_key.make_asset_key(
-                    AssetMetadata.GENERAL_ASSET_TYPE, 'silly_cat_picture.gif'
-                )
-
-                with CodeBlockTimer("initial_import"):
-                    import_course_from_xml(
-                        source_store,
-                        'test_user',
-                        TEST_DATA_ROOT,
-                        source_dirs=TEST_COURSE,
-                        static_content_store=source_content,
-                        target_id=source_course_key,
-                        create_if_not_present=True,
-                        raise_on_failure=True,
-                    )
-
-                with CodeBlockTimer("find_nonexistent_asset"):
-                    # More correct would be using the AssetManager.find() - but since the test
-                    # has created its own test modulestore, the AssetManager can't be used.
-                    __ = source_store.find_asset_metadata(asset_key)
-
-                # Perform get_all_asset_metadata for each sort.
-                for sort in ALL_SORTS:
-                    with CodeBlockTimer("get_asset_list:{}-{}".format(
-                        sort[0],
-                        'asc' if sort[1] == ModuleStoreEnum.SortOrder.ascending else 'desc'
-                    )):
-                        # Grab two ranges of 50 assets using different sorts.
-                        # Why 50? That's how many are displayed on the current Studio "Files & Uploads" page.
-                        start_middle = num_assets / 2
-                        __ = source_store.get_all_asset_metadata(
-                            source_course_key, 'asset', start=0, sort=sort, maxresults=50
-                        )
-                        __ = source_store.get_all_asset_metadata(
-                            source_course_key, 'asset', start=start_middle, sort=sort, maxresults=50
-                        )
-
-
 @ddt.ddt
 @unittest.skip
 class TestModulestoreAssetSize(unittest.TestCase):
diff --git a/requirements/edx/development.in b/requirements/edx/development.in
index db76c97814ad408b46fa07bd9ef4baf7340fbca7..132a1c90385942313ad9ea0840edee894733f31c 100644
--- a/requirements/edx/development.in
+++ b/requirements/edx/development.in
@@ -22,8 +22,5 @@ sphinx                              # Developer documentation builder
 vulture                             # Detects possible dead/unused code, used in scripts/find-dead-code.sh
 modernize                           # Used to make Python 2 code more modern with the intention of eventually porting it over to Python 3.
 
-# Performance timer used in modulestore/perf_tests/test_asset_import_export.py
--e git+https://github.com/doctoryes/code_block_timer.git@f3d0629f086bcc649c3c77f4bc5b9c2c8172c3bf#egg=code_block_timer
-
 # The officially released version of django-debug-toolbar-mongo doesn't support DJDT 1.x. This commit does.
 -e git+https://github.com/hmarr/django-debug-toolbar-mongo.git@b0686a76f1ce3532088c4aee6e76b9abe61cc808#egg=django-debug-toolbar-mongo==0.1.10
diff --git a/requirements/edx/development.txt b/requirements/edx/development.txt
index 188050556d9c9af63523449da0f98b964e0767fe..74acee7ecd4ba077cb08626359a96adf33a9fda9 100644
--- a/requirements/edx/development.txt
+++ b/requirements/edx/development.txt
@@ -8,7 +8,6 @@
 -e common/lib/calc
 -e common/lib/capa
 -e common/lib/chem
--e git+https://github.com/doctoryes/code_block_timer.git@f3d0629f086bcc649c3c77f4bc5b9c2c8172c3bf#egg=code_block_timer
 -e git+https://github.com/edx/codejail.git@a320d43ce6b9c93b17636b2491f724d9e433be47#egg=codejail
 git+https://github.com/solashirai/crowdsourcehinter.git@518605f0a95190949fe77bd39158450639e2e1dc#egg=crowdsourcehinter-xblock==0.1
 git+https://github.com/mitodl/django-cas.git@afac57bc523f145ae826f4ed3d4fa8b2c86c5364#egg=django-cas==2.1.1
diff --git a/scripts/dependencies/development.py b/scripts/dependencies/development.py
index 546dd21b3e0570acbf12ab279bdf32616f2dd4b3..506d7c34d81dad0d72d5f0a5e5bf7706835c4924 100755
--- a/scripts/dependencies/development.py
+++ b/scripts/dependencies/development.py
@@ -20,7 +20,6 @@ pattern_fragments = [
     r'^xmodule/modulestore/perf_tests'        # modulestore performance tests
 
     # Development-only package dependencies
-    r'^code_block_timer',                     # code_block_timer
     r'^debug_toolbar',                        # django-debug-toolbar
 ]