22 Jul 2024
Tuesday 18 June 2024 - 13:37
Story Code : 423482
Despite sanctions

Iran exports medicinal, pharmaceutical products to 50 states

The Iran Project : The Iran Food and Drug Administration (IFDA) says the country exports raw materials and pharmaceutical products to approximately 50 countries around the world.
Iran exports medicinal, pharmaceutical products to 50 states
Iran exports medicinal, pharmaceutical products to 50 states
According to The Iran Project, “Iranian raw materials and pharmaceutical products are exported by nearly 100 companies to about 50 destinations,” Asef Mahdavi, secretary of the IFDA’s export policymaking council, announced.

Iranian companies have the capacity to produce medicines several times more than meeting domestic needs, he added.
Mahdavi also noted that the export of medical equipment grew by 300 percent in the first four months of this year.

Earlier, IFDA Head Heidar Mohammadi said that Iran’s pharmaceutical market is worth 106 trillion tomans (over $2 billion), adding that 99 percent of drugs used in the country are produced domestically.

Over the past years, Iran has made great strides in the medical sector despite illegal Western sanctions.

It has become self-reliant in producing medicines and health equipment and increased sales to many countries.
Reporter : Editorial of The Iran Project
https://theiranproject.com/vdcc41q0i2bqi08.-ya2.html
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