Pharmaceutical Exports of Iran in OIC Region and Entering International Markets

Abstract

There are various pharmaceutical companies in Iran with high potential. Due to the lack of business with international markets for exports, Iranian pharmaceutical products are mostly traded in domestic markets. Despite numerous studies on pharmaceutical exports in the literature, the performance of Iran in pharmaceutical exports to the Organization of Islamic Cooperation (OIC), remains yet to be evaluated. The novelty of the present work lies in filling this research gap and helping develop policies to expand pharmaceutical exports to Iran.

Keywords

• Pharmaceutical industry performance, OIC Region, Pharmaceutical exports, Regulatory framework, Iran exports, Export market diversification, Medicine products