Archive | Healthcare

Long road ahead for Iran’s Medicinal Plants Industry

By Maysam Bizaer for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. The world has seen great advances in medicine in recent centuries, leading to the discovery and manufacture of numerous types of drugs to cure diseases. Yet many around the world still prefer to use plants and natural […]

Iran emerges as Health Tourism Destination

By Maysam Bizaer for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Tourism is nowadays at the core of attention of many governments across the world because of its major contribution to social and economic development. As the World Tourism Organization states, the business volume of tourism […]

UK Firm in Iran Healthcare Deal

Oncimmune Holdings plc, a leading early cancer detection company developing and commercialising its proprietary EarlyCDT® platform technology, has announced that it has signed an exclusive agreement for distribution of its EarlyCDT®-Lung test in Iran with Tarvand Sina Tajhiz Co., an Iranian provider of test services and kits to the medical community. The agreement allows for the sale of […]

Video: Iran Pledges Swift Aid after Earthquake

From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iran Business News. Thousands of homeless Iranians sought shelter from bitter cold on Tuesday as President Hassan Rouhani promised swift help after a major earthquake that killed more than 400 people.

Quake Death Toll Rises to 372

With successive aftershocks still rumbling through western Iran more than 18 hours after a massive earthquake on Sunday night, the province of Kermanshah, hit hardest by the temblor, declared three days of mourning. Western regions of Iran, particularly residential areas in the province of Kermanshah, have felt scores of tremors, some even measuring greater than […]

Iran Developing Visa-Free Health Tourism Centre

By John Lee. Iran is reportedly developing a visa-free health tourism centre in its Arvand Free Zone (AFZ). The zone’s CEO, Esmail Zamani (pictured), is quoted as saying that AFZ will welcome foreigners free of visa in the coming weeks. It is just 15 miles from the Iraqi city of Basra, which has a population […]

Swedish Bio-Pharma Firm confirms Iran Order

By John Lee. Swedish biopharmaceutical company Xbrane has confirmed an additional order of Spherotide from Pooyesh Darou, its partner in the Middle East, to a value of SEK 8.5 million ($1.1 million) to be delivered in Q4 2017. With this delivery Xbrane will meet its expected sales during 2017 of approximately SEK 20 million, as […]

Record High Temperatures in Iran

Temperatures in the southwestern city of Ahvaz hit 53.7°C (128.7 degrees Fahrenheit) on Thursday, with another source citing 129.2 degrees F. If confirmed, this would arguably tie for the hottest temperature ever measured on Earth in modern times, according to a report from The Independent. The Iranian cabinet decided on Wednesday to authorise banks, state […]

Iran on Fast-Track to Beating Noncommunicable Diseases

Since the 1960s, the Islamic Republic of Iran’s urban population has tripled and life expectancies have risen. This, however, has increased people’s exposure to tobacco, unhealthy diets, and physical inactivity – among the main risk factors for noncommunicable diseases (NCDs), primarily cardiovascular and lung diseases, cancer and diabetes. Thankfully, advances led by the very highest […]

Iran to Rank Third in Asian Biotech Medicines

Iran will rank third in Asia in terms of production of biotech medicines within the next three years, a senior official at the office of the vice-president for science and technology affairs announced. “Currently, the number of biotech medicines in the world market is 146, of which 20 are available in the Iranian market,” Mostafa […]

President opens 600-bed Bu-Ali Sina Hospital in Shiraz

The 600-bed Bu-Ali Sina Hospital was opened in Shiraz on Thursday in President Rouhani’s presence during his visit to Fars province. President also visited different parts of the hospital and was briefed by the managers of the province about the construction and equipment process. The hospital that offers educational, research and medical services, has various […]

Iran Eyes Becoming Regional Hub of Nuclear Medicine

A target at the top of the agenda of the Atomic Energy Organization of Iran (AEOI) is to turn the country into the region’s hub for production of nuclear medicine, Iran’s top nuclear official announced. Addressing a ceremony to mark the National Nuclear Technology Day in Tehran on Sunday, Head of AEOI Ali Akbar Salehi […]

Sinclair Pharma sees Strong Growth in Iran

By John Lee. International aesthetics company Sinclair Pharma has said it has seen strong growth in Iran, with another strong year expected in 2017. In its preliminary results announcement, the UK-based company said: “Revenues to Iran increased strongly in 2016 and with our partner in Iran now responsible for the full Sinclair portfolio, further growth is […]

Japan Donates $6.9m to Iranian Projects

The Government of Japan has allocated $6.9 million to five projects in Iran. The assistance, aimed at building a “tolerant and stable society” in the region, will go to the following projects over the next five years: United Nations Development Programme (UNDP): $1 million towards the restoration of Lake Urmia “via local community participation in […]

Azerbaijan, Iran start Construction at new Pharma Plant

By John Lee. Construction has started at a new Azerbaijan-Iran pharmaceutical plant in the Azerbaijani capital Baku. Caspian Pharmed is 49-percent owned by Iran’s Tamin Pharmaceutical Investment Company, with the Azerbaijan Investment Company owning 25 percent and Azersun Holding 26 percent. The plant will be commissioned within two years, at a cost of over $30 […]

US Eases Medical, Agro Exports to Iran

The US Treasury Department said it has amended the licensing provisions of Iranian Transactions and Sanctions Regulations (ITSR) to allow the exports of medical devices and agricultural commodities to the Islamic Republic. “OFAC is adopting a final rule to amend the licensing provisions of the ITSR to expand the scope of medical devices and agricultural […]

Cipla Forms JV to Manufacture Drugs in Iran

By John Lee. Indian pharmaceutical company Cipla Holding has entered into a joint venture agreement with Ahran Tejarat for manufacturing and marketing pharmaceutical products in Iran. Under the agreement, Cipla will initially acquire a 75 percent stake in Iranian firm Issat Co., which is currently owned by Ahran Tejarat, for a cash consideration of €1.35 […]

Starpharma signs License for Condoms in Iran

Australia’s Starpharma Holdings has announced the signing of a License and Supply Agreement with Koushan Pharmed for the sales and marketing rights to the VivaGel® condom in Iran. According to a statement from the company, Iran represents a commercially attractive retail market for condoms with over 60% of the 75 million population under 30 years of […]