US Sanctions Good Opportunity for Iranian Knowledge-Based Companies

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Sanctions imposed by the US government against Iran have created a good opportunity for the knowledge-based companies to expand the scope of their activities. Sattari said on Saturday.

Knowledge-based economy is one of the main pillars that has been taken into consideration by the government. he said. adding. “The government should throw its weight behind knowledge-based firms while the country is under sanctions. so as to facilitate the export of these companies to other countries in the world.

Given the current economic situation of the country and the sanctions. exporting products of knowledge-based companies can be a suitable solution for the evermore development and growth of economy in the country. Sattari added.

Technological companies are the lifeline of overcoming sanctions and in the current situation. these firms should be fully supported. he stressed.

Iran has taken long strides in producing different types of drugs and medical equipment.

Iran on Wednesday unveiled 7 new home-made knowledge-based products in a ceremony participated by Sattari and Health Minister Saeed Namaki.

Today. I am pleased that we have unveiled 7 new knowledge-based products. Namaki told reporters.

Fortunately. our scientists think of progress under the hard conditions of sanctions. he added. noting that the embargos have led the knowledge-based companies produce medicine and raw materials to manufacture drugs.

Iran had also on Tuesday unveiled 9 new indigenized medicine to treat depression. skin. blood and infertility problems as well as cancer.

The drugs were unveiled in a ceremony participated by Namaki in Alborz province near Tehran. and included they include hi-tech drugs to treat depression. male infertility. blood platelet adhesion. skin infections. skin diseases. advanced breast cancer. lung cancer and motor neuron diseases. and a medicine to stretch bone marrow tissue.

All the drugs have been produced based on the highest international standards using state-of-the-art technologies.

Also. last month. Sattari attended a ceremony to unveil 4 home-produced drugs for cancer and diabetes treatment.