35343
French Drugmaker Aims for Increased Iran Presence
Economy, Business And Markets

French Drugmaker Aims for Increased Iran Presence

Sanofi signed a memorandum of cooperation with Iran’s government aimed at boosting its presence in the country, the French drugmaker said last week.
The agreement was signed during the visit of President Hassan Rouhani to Paris where France and Iran agreed to a series of transactions with several French firms.
Medicines were an exception in the nuclear sanctions imposed on Iran. Yet shipping drugs into the country was still difficult, Reuters reported. Sanofi said in statement it would consider expanding partnerships with local manufacturers to enhance the sharing of its expertise in industrial quality standards and increase the transfer of pharmaceutical production technology and know-how.
The company will also collaborate with Iran’s Ministry of Health on programs for prevention and control of chronic and non-communicable diseases as well as on managing related risk factors, such as diabetes.
Sanofi said 55% of its sales in Iran were from products manufactured locally. The French pharmaceutical company will compete in Iran with pharmaceutical firms such as Denmark’s Novo Nordisk and Japan’s Takeda as well as with Indian generics maker Cipla.

 

Short URL : https://goo.gl/Hb3xGL
  1. https://goo.gl/dcP3Pu
  • https://goo.gl/r7PQbM
  • https://goo.gl/bMnERI
  • https://goo.gl/zfLXUQ
  • https://goo.gl/fCYlWa

You can also read ...

BMW’s Tech-Stuffed Concept SUV Heralds Fancy, Electric Future
Changing notions of what customers want from cars have pushed...
Tesla Hits New Speed Bump
Tesla Inc’s Chief Executive Officer Elon Musk on Sunday...
Oil & Gas Sector Most Conducive for Business
The research arm of Iran’s Parliament has conducted a first-of...
3 CBI Officials  to Leave
Following the recent passage of the law banning the employment...
CBA Concerned About Forex Outflow to Iran
The Central Bank of Afghanistan raised concerns about the...
Anzali Port to Be Connected to National Railroad
Anzali Port in the northern Gilan Province will be connected,...
Mineral Trade Surplus Hits $2.9b
Iran exported more than 25.47 million tons of mineral products...
Departure Tax Revenues  Up 117 Percent
The government earned 3 trillion rials ($24 million) from...

Trending

Googleplus