Australian Natural Health Firm in Iranian Deal

By John Lee.

Australian natural health company Blackmores has sec­ured a deal to gain access to the Iran­ian market.

According to a report from The Australian, the company will partner with local firm Tasnim Pharma, which will sell 10 Blackmores products over the coming year before ramping up to 25 products, with the Iranian company setting up a new division to manage the brand and distribution.

The market for vitamins and dietary supplements in Iran that is estimated to be worth at least AUS$585 million a year.

(Source: The Australian)

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