Iran’s pharmaceuticals, raw materials export up 70% yr/yr

June 2, 2018 - 21:59

TEHRAN — Exports of domestically produced pharmaceuticals and pharmaceutical raw materials rose by 70 percent in the previous Iranian calendar year 1396 (March 2017-March 2018) compared to the year before, ILNA reported on Saturday.

In a report provided by Iran’s Food and Drug Administration, Iran has exported some $120 million worth of pharmaceuticals and raw materials last year which indicate a 70 percent year-on-year increase.

The report further stated that chemotherapy medications and high tech medicines exports account for the greatest share of the country’s foreign earning in this sector.

Russia, Iraq, Syria, Afghanistan, Ukraine, and Azerbaijan are the main export destinations of the home-grown pharmaceuticals, the report concluded. 


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