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Biopharmaceutical industry

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This edition of Bazaar explores Iran’s pharmaceutical industry and its related trades. Also it takes a deep look at biopharmaceutical productions and services that have been gaining momentum in the recent decade.

Currently, Iran has 15 pharmaceutical faculties, which train scores of pharmacists and researchers each year. Also, there are over 120 pharmaceutical companies that produce medicine and 70 factories that produce raw pharmaceutical materials.

But creating biopharmaceutical medicines is very different from the production of other medicines. With regular medicine the process involves a chemical approach, whereas biopharmaceuticals involve living cells, proteins and genetics.

Iran ranks 12th in the world and first in West Asia in terms of biotechnology. Nearly 10 percent of the income of knowledge-based companies in Iran is related to biotechnology.

Tune into Bazaar to learn more!


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