Tag Archives | pharmaceuticals

Iran "Ready to Meet" Iraq's Pharma, Medical Requirements

From Tasnim, under Creative Commons licence. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iran Ready to Meet Iraq's Pharmaceutical, Medical Requirements: Mokhber  Iran's first vice president has expressed the country's readiness to provide Iraq with medical products, saying that joint cooperation between the […]

Iraqi PM Opens Medical Device Factory

By John Lee. Iraqi Prime Minister Mohammed S. Al-Sudani inaugurated the National Health Factory, a facility affiliated with the Medical Clinics Department in the Ministry of Health. It specializes in producing medical supplies such as sterilization materials, dialysis solutions, etc. Mr. Al-Sudani expressed his congratulations at the Factory's inauguration, which addresses the priorities of the […]

Iraqi PM promotes Local Pharmaceutical Industry

By John Lee. Prime Minister Mr. Mohammed S. Al-Sudani, chaired the second meeting with the Pharmaceutical Manufacturers Association of Iraq this week in the presence of the Minister of Health, the Minister of Industry and Minerals, and several Director Generals in the two ministries. The meeting focused on endorsing the recommendations related to the localization […]

Moving Medicine in Iraq: Networks Fuelling Everyday Conflict

By Dr Renad Mansour for Chatham House. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Moving medicine in Iraq: Networks fuelling everyday conflict A system involving doctors, pharmacists, political parties, armed groups, and businesspeople fuels corruption and conflict in a medicine supply chain which […]

Fundamental Changes in Kurdistan Pharmaceutical Regulations

Kurdistan Region's medicine market sees fundamental changes in pharmaceutical regulations The Kurdistan Regional Government's (KRG) Ninth Cabinet took effective measures to regulate the medicine market, making fundamental changes in its crackdown on illegal and counterfeit medications imported to the Kurdistan Region. The KRG in 2019 enhanced its efforts to regulate the medicine market and provide […]

Iraqis "keen to Invest" in Bangladesh

By John Lee. Some Iraqi business people are reportedly interested in investing in Bangladesh's pharmaceutical and leather sectors. According to The Daily Star, this could be either through joint ventures or on their own. The comments follow a visit by a six-strong delegation from the Sulaymaniya Chamber of Commerce & Industry to the Dhaka Chamber […]

KRG launches new Tendering Process for Medicines

By John Lee. The Kurdistan Regional Government (KRG) has announced a new tendering process for medicines. According to a statement from the KRG, the new system will stabilise the price of 230 different medications. KRG Prime Minister Masrour Barzani commented: "Through transparent contracts, we will provide our citizens with better quality medicine at a lower […]

Work Starts at New Pharma Plant in Samarra

By John Lee. Iraq's General Company for the Pharmaceutical Industry and Medical Supplies has started erecting steel columns for its new factory in Samarra. The 3,000-square-meter plant will produce sterile products including ampoules, liquid vials, dental carbolates, sulfasporins and betyllactan derivatives. The project is implemented by Sarh Technology Company for General Trading, which has invested […]

Iraq-UK Trade Fell slightly in 2021

By John Lee. Medicinal and pharmaceutical products was the biggest category of goods exported from the UK to Iraq in the four quarters to the end of Q4 2021. According to a report issued by the UK's Department of International Trade (DIT), the sector accounted for exports of £87.2 million, which was 24.2 percent of […]

Iraq's Locally Made Hand Sanitizer and Disinfectant

The University of Karbala produces locally made hand sanitizer and disinfectant for health facilities, in first of its kind UNICEF-supported project In the first of its kind project since the corona virus outbreak, graduate students in the pharmaceutical department of the University of Karbala have produced 14,500 locally made hand sanitizers and 10,000 large products […]

Pharma Firm pays $25m to Resolve Corrupt Payments

The US Securities and Exchange Commission (SEC) announced that Paris-based pharmaceutical company Sanofi has agreed to pay more than $25 million to resolve charges that its Kazakhstan and the Middle East subsidiaries made corrupt payments to win business. According to the SEC’s order, the schemes spanned multiple countries and involved bribe payments to government procurement officials […]