Iran ends US eye bio-implants monopoly

Iran has broken the US monopoly over the technology of production of eye bio-implants by producing skin and eye bio-implants.

Iran's President Mahmoud Ahmadinejad inaugurated the country's tenth bio-implant factory specializing in production of skin and eye bio-implants in central Qom province on Saturday, Press TV reported.

A bio-implant is a bio-material that is surgically implanted in a person's body in order to replace the damaged tissue.

Iran's success in breaking the US monopoly will help it market the products at much lower rates. The country will also be able to satisfy its domestic need.

Iran says the US monopoly on this technology is the main reason for high prices of bio-implant products in the global markets.

There are 45 different variations of bio-implants produced throughout the world.