Tehran, IRNA – Faramarz Ekhteraie, the head of Iran’s API and Pharmaceutical Packaging Syndicate, announced that the production of active ingredients has increased from 430 to 521 items in the past two years, resulting in a saving of $650 million annually.

Speaking at a seminar at Shahid Beheshti University, Ekhteraie also stated that the Iranian active ingredients producers have reached the proper technical stages and added that about 72% of the need for active ingredients is produced domestically.

Furthermore, he noted that the grounds have been paved for the export of active ingredients in the country, adding that minister of health has  promised that every company can export up to 20% of its products.

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