ABOUT US  |  CONTACT US  |  RSS  |  ARCHIVE  |  2024-12-01  |  UPDATED: 1403/06/01 - 19:53:2 FA | AR | PS | EN
Talibans new law bans womens voices and faces             Iranian police shut down two illegal centers affiliated with German government             All of President Pezeshkians ministerial picks win parliaments vote of confidence             Wheres Bangladesh Heading after Popular Uprising?            Western Kabul residents say Taliban has failed to ensure security after bombing             Algerian Boxer Khelif files complaint over online harassment after gender row             Federalism in Afghanistan: Opportunities and Challenges             Formation of the Federalist Assembly of Afghanistan             Israel launches missile attack on outskirts of Damascus, killing Syrian civilians             UK national scandal: 20,000 mental health patients raped, sexually assaulted in NHS care             Three US troops killed, dozens injured in drone attack in Syria             Trump says NATO will not come to rescue if US attacked             Ukraine beset by $40m fraud in arms procurement amid war with Russia            US approves sale of F-16 jets to Turkey after Ankara ratifies Swedens NATO membership             UNSC to meet to discuss ICJ ruling on Israeli genocide in Gaza            


DATE PUBLISHED: 2015/5/6 - 07:21:00
VISIT: 2766
SHARE WITH YOUR FRIENDS

Iran to produce US-, Europe-licensed drugs
Iran to produce US-, Europe-licensed drugs

Iran will open a production line for branded generic drugs licensed by European and American companies on Thursday, a local formulator says. 

The plant in Saveh, about 100 km southwest of Tehran, has been built with $8 million of investment, CEO of Behestan Pharmaceutical Co. Mehdi Balochestani said.

It will initially produce 12 brands of drugs for treatment of diabetes, neurological diseases, inflammations and prostates, which will be on pharmacy shelves in the next two months.

Five more products for special medical conditions will be added to the list in the next five years, Balochestani said.

They will be produced “under the license of reputable European and American companies”, he said without naming them.

Balochestani said a series of courses will also be held for Iranian specialists in the Netherlands and Germany for transfer of technology.

The production includes imports of semi-manufactured drugs which will be formulated, processed and packaged in Iran.

“The products will be available under insurance coverage with better quality and a 10% price discount,” Balochestani said.

Market situation 

The 100-year-old pharmaceutical industry in Iran is relatively advanced for a developing country, although it is limited to formulation of generic drugs and imports of new and hi-tech medical products.

There are as many as 65 pharmaceutical companies in Iran.

The government has dedicated significant resources to the sector in recent years as part of its policy to make medicine accessible and affordable.

Iranian patients experienced a period of acute shortages after the Europeans and the US intensified their sanctions on the country, which exhausted supplies of life-saving drugs.

Iran’s pharmaceutical market experienced a sharp growth last year, rising to $1.2 billion. There are as many as 65 pharmaceutical companies in the country, but their operations are basically limited to local formulation.

In recent years, Iranian private companies have started production of biological pharmaceuticals. The country has also a relatively advanced herbal medical basis thanks to its vast floral resources.

The pharmaceutical industry is regulated by the government, where production and importation of drugs is heavily subsidized.

While making them accessible and affordable, the state oversight has entailed in trafficking of drugs into Iran’s neighbors as well as emergence of black market and hoarding.

 

LINK: https://www.ansarpress.com/english/3532






*
*

*



SEE ALSO

Report : Spinal implant helps a person with advanced Parkinsons disease walk without falling


Over $250 million of counterfeit HIV treatments sold


In a first, man gets heart transplant from genetically altered pig


Pandemic babies may have slight development lag study


Omicron 2nd most contagious virus known to mankind US doctor


MSF reports basic medical needs of Afghans are not being met


Miami Doctor Dies After Getting Pfizer COVID-19 Vaccine, Reports Say


Iranian and Afghan medical universities sign MoU to strengthen relations


British coronavirus vaccine: Human trials to include 10,000


Oxford-based pharmatech company uses artificial intelligence to find drug against COVID-19





VIEWED
MOST DISCUSSED




POLL

Modi, Merkel Discuss Afghanistan, Radicalisation And Terrorism

SEE RESULT


LAST NEWS

Sudan: The Forgotten War

Talibans new law bans womens voices and faces

Iranian police shut down two illegal centers affiliated with German government

All of President Pezeshkians ministerial picks win parliaments vote of confidence

Wheres Bangladesh Heading after Popular Uprising?

Western Kabul residents say Taliban has failed to ensure security after bombing

Algerian Boxer Khelif files complaint over online harassment after gender row

Federalism in Afghanistan: Opportunities and Challenges

Formation of the Federalist Assembly of Afghanistan

Israel launches missile attack on outskirts of Damascus, killing Syrian civilians

UK national scandal: 20,000 mental health patients raped, sexually assaulted in NHS care

Three US troops killed, dozens injured in drone attack in Syria

Trump says NATO will not come to rescue if US attacked

Ukraine beset by $40m fraud in arms procurement amid war with Russia

US approves sale of F-16 jets to Turkey after Ankara ratifies Swedens NATO membership

UNSC to meet to discuss ICJ ruling on Israeli genocide in Gaza

Taliban: Afghanistan Does Not Have Formal Border With Pakistan

Gazas major health facility collapses amid Israeli attacks: MSF

Americans to redeploy nuclear weapons in UK amid fears of WW3

Biden makes history: 1st sitting US president sued for complicity in genocide

Trump walks out of courtroom during closing arguments of Carrolls attorney

US: 3 dead in shooting at Texas apartment complex

US-UK aggression against Yemen risks expansion of war: Iran

Yemen directly hits US warship with ballistic missile

Hamas has self-reliantly opposed the three giant intelligence agencies of the world!

President Raeisi calls for UN reform, says body unable to end Gaza genocide

Pedram: The Abduction of Hazara and Tajik Women Recalls the Crimes of Abdur Rahman

Special envoys from G7 countries discuss Afghanistan in London meeting

Turkish lawmakers open debate over Swedens NATO membership

UN agency says over half a million Palestinians face catastrophic hunger in Gaza

Palestinian Islamic Jihad: Al-Maghazi operation proved defeat of Israeli regime in Gaza war

European support for Israel damaging energy security on the continent, report says

Pakistan Army Kills Seven Terrorists Near Afghan Border

Israel kills at least 190 people in Khan Younis in 24 hours

UNAMA report: 49 Hazara community members killed in Afghanistan in three months

Indias Modi inaugurates Hindu temple on site of razed mosque ahead of elections

US 2024 election: DeSantis drops out of Republican presidential race, backs Trump

Survivors of Russian charter flight crash transferred to Kabul

Irans anti-terror strikes clear message to certain recipients: Foreign Ministry

Ethnic mass killings in one Sudan city last year left up to 15,000 dead: UN report


MEDICAL NEWS


ANSAR PRESS  |  ABOUT US  |  CONTACT US  |  MOBILE VERSION  |  LINKS  |  DESIGN: Negah Network Co.
All right reserved. Use this website by mentioning the source (link) is allowed. Ԑ یی