IFP Exclusive

Iran Exporting Biopharmaceuticals to Russia, Turkey, Malaysia

Iran is exporting biopharmaceuticals to several regional and overseas countries, a government official has said, unveiling plans to increase export revenue generated by the knowledge-based companies.

Iranian knowledge-based enterprises have made such great progress in the biotechnology, particularly in the medical sector, that not only have met the domestic demands, but also export biopharmaceuticals to other countries, said Mostafa Qanei, the secretary of Biotechnology Development Headquarter at the Iranian Vice-Presidency for Science and Technology.

He noted that the Iranian biopharmaceuticals are being exported to major customers like Russia, Iraq, Syria, Pakistan, Malaysia, and Turkey, adding that plans are underway to transfer the Iranian biopharmaceuticals technology to Argentina.

The biotechnological products made in Iran are worth $1.2 billion, Qanei added, saying efforts are underway to increase that amount with proper planning.

According to the official, biotechnology-related products make up 50 percent of the Iranian knowledge-based companies’ earnings, and 60 percent of the total export of goods produced by those companies.

He finally described biotechnology as a value-creating business, saying it could boost economy in a broad range of fields, such as algae production, bio-agriculture, and biofuels technology.

Biotechnology is known as one of the state-of-the-art technologies in 21st century and is among the seven key industries which will determine the socioeconomic destiny of communities in the coming decades.

According to the data released by the Iranian Vice-Presidency for Science and Technology, Iran ranked 14th in the world in 2015 in terms of the number of articles published in the field of biotechnology in indexed journals.

Also, Iran’s share of biotechnology articles in 2015 as compared to regional countries and the world is 27.22% and 1.27%, respectively.

The Iranian government plans to use biotechnology to meet the country’s strategic demands for food, public health, environment, and energy, while exploiting the technology’s capabilities as a green industry for environmental protection and restoration.

IFP Editorial Staff

The IFP Editorial Staff is composed of dozens of skilled journalists, news-writers, and analysts whose works are edited and published by experienced editors specialized in Iran News. The editor of each IFP Service is responsible for the report published by the Iran Front Page (IFP) news website, and can be contacted through the ways mentioned in the "IFP Editorial Staff" section.

Recent Posts

Advisor to Iran leader: Tehran ready for talks, but won’t give in to pressure over nuclear issue

Kamal Kharrazi, the head of Iran's Strategic Council on Foreign Relations and an advisor to…

9 hours ago

President Pezeshkian says Tehran committed to complete North-South transit corridor

Iran's President Massoud Pezeshkian has reaffirmed the Iranian government's commitment to completing the North-South transit…

9 hours ago

Art event brings diplomats, artists and ordinary citizens together inside Iranian Foreign Ministry

An artistic event titled Autumn-Leaf was held in Meydan Mashgh, within Iran’s Foreign Ministry’s premises…

12 hours ago

North Korea preparing to ship more forces, drones to Russia: S. Korea

North Korea is preparing to deploy additional troops, weapons and other military equipment, including drones,…

12 hours ago

Iran, E3 set to resume talks in January: Spokesman

Foreign Ministry spokesman Esmaeil Baqaei has stated that a fresh round of talks between Iran…

12 hours ago

Legendary Iranian actress, voice performer Zhaleh Olov passes away

Zhaleh Olov, a celebrated actress of Iranian cinema, theater, television, and a renowned radio voice…

14 hours ago