Economy, Domestic Economy

Pharmaceutical Sector Needs $2b

Pharmaceutical Sector Needs $2bPharmaceutical Sector Needs $2b

The minister for health said on Monday that at least $2 billion is needed to be injected into pharmaceutical manufacturing sector. Hassan Hashemi added that the amount could be provided by National Development Fund in order to help the sector maintain its position in international markets. The country has a good scientific foundation to produce medicines but the domestic market is limited and it needs to be financed in order to be able to compete with giant rivals in the region.