...

Iranian official: Drugs made domestically will not be imported

Business Materials 11 June 2013 16:22 (UTC +04:00)

Azerbaijan, Baku, Jun. 11/ Trend, F. Karimov/

Drugs which are made domestically will not be imported, the Fars News Agency quoted head of the Iranian foods and drugs organization Abbas Haji-Akhundi as saying.

The issue of allocating foreign currency allocation has been resolved and the situation will be improved in the next two weeks, he added.

Previously, Iran's Health Ministry official Hossein Ayati said some 97 percent of Iran's required medicine is currently produced domestically, adding that about 50 percent of necessary raw material for producing the medicine is imported.

Last year, some $1.7 billion was allocated to import medicine which is not produced inside the country, the official said.

In November 2012, the health ministry of Iran called the Central Bank to earmark $2 billion for importing medicine to cope with the domestic shortage as a result of international sanctions.

Latest

Latest