Hadi Bagheri, the CEO of this knowledge-based company, said that the company has managed to produce more than nine knowledge-based products. He said that seven products have received the required permits from the Food and Drug Administration. “In addition to that, five nano-scale licenses have been received by the company, as well as ISO 13485 (an internationally recognized standard for quality management systems (QMS) specifically for medical devices) from Italy.”
Market studies show that every year, $10 million is paid for the import of diagnostic kits. Only 65 percent of the products are imported as fully prepared products, and about 30 percent are imported in bulk to be assembled. We have fewer than 5 percent of independent products in Iran, said the official, adding that his company started with the aim of reducing currency outflow from the country.
“Given the high quality of the products, which are half the price of foreign examples, we were able to allocate more than 10 percent of the market to ourselves.”
Bagheri said that diagnostic kits for heart attack are one of the main products of the company. He explained, “Every year, 2.5 million euros is spent on the import of these kits to Iran, which are used to diagnose heart attacks in emergency rooms. So far, more than one million pieces of these kits have been distributed in heart hospitals across the country, and the import of Chinese versions has dropped to zero.”
Bagheri noted that kits to diagnose bowel cancers have been produced by the company in line with the Health Ministry’s scheme to screen the disease at early stages. The disease is the second most common cause of death in Iran and the third most common type of cancer, which makes its early diagnosis very important.
Bagheri said that kits for diagnosing gastrointestinal infection and screening stomach infection—a condition seen in 90 percent of those suffering from stomach cancer—are among other important products of the company. Kits for diagnosing blood infections are also produced by the company. Pregnancy kits, kits for diagnosing bowel movement syndrome, and kits for diagnosing hepatitis B and C are also among the company’s other key products.