VP: Iranian Knowledge-Based Firms Export 70 Million Dollars Medicine
“Iran's pharmaceutical industry exported about 70 million dollars last year, most of which were related to high-tech and knowledge-based pharmaceutical products,” Dehqani said, addressing a meeting in Indonesia.
“In the pharmaceutical industry, special attention has been paid to implementation of the domestic value chain in such a way that the devices and machinery required by the country's pharmaceutical and biotechnology industry are now produced indigenously, and they can compete with many prestigious and modern brands in the world both in terms of price and efficiency,” he added.
Noting that the Iranian knowledge-based companies have extensive activities in the field of producing various vaccines, including influenza, HPV, rotavirus, pneumonia, and meningitis, Dehqani said, “Some of these vaccines, like influenza and HPV, are already available to the public, and other vaccines are in the final stages of registration and entering the market.”
Dehqani, heading a high-ranking delegation, traveled to Indonesia, and visited the scientific and technological centers and innovative and knowledge-based infrastructures of the country to provide the ground for knowledge-based interactions between the two countries.
His comments came as the Iranian Vice-Presidency for Science, Technology and Knowledge-Based Economy’s Department for Development of Herbal Medicine and Traditional Medicine has also made necessary planning to expand scientific and technological cooperation at the international level and provide more opportunities for exporting more herbal medicines to other countries.
Participating in International Regulatory Cooperation for Herbal Medicines (IRCH), sending knowledge-based, technological and creative companies to leading countries in the field of herbal medicines and preparing and presenting the capabilities of domestic companies in the field of equipment, processing and concentrated herbs (herbal beverages) and their introduction to foreign markets are some of the measures and planning made by the department.
International Regulatory Cooperation for Herbal Medicines (IRCH) is a global network of regulatory authorities responsible for regulation of herbal medicines, established in 2006. Its mission is to protect and promote public health and safety through improved regulation for herbal medicines.
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