Medical Device Exports Hampered By Political Tensions And Lack Of Quality Control
September 2011 | Industry Trend AnalysisBMI View: Despite the positive rhetoric emanating from Iran on the country's ability to export medical radioisotopes and medical devices elsewhere in the region, the truth is that the country's neighbours are the only states that will buy their healthcare products. Although imports and exports of medicines, medical devices and agricultural products are not restricted by the United Nations' sanctions on Iran, there is little demand for Iran-manufactured goods, both for political reasons and because the Islamic Republic's medical device sector currently lacks appropriate regulation. Iran's advantage in manufacturing generic pharmaceuticals comes from ignoring international intellectual property (IP) law. This
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