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What is the Danish Pharmaceutical Company hiding in Iran?
The Danish pharmaceutical giant, Novo Nordisk, says that it has been operating in Iran since 2005 based on its “responsibility and commitment to patients with chronic diseases”. But business experts...
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Novo is Exploiting the Sweet Tooth of Tehran
Novo is charging Iran twice as much as the UK for its advanced insulin products according to studies and more than five times the production cost. International organisations and experts are accusing...
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European attempt to facilitate trading with Tehran has landed between a rock...
Europe’s attempt to circumvent US sanctions has been a complete failure, according to experts and business organizations. Neither businesses or governments dare challenge the US, they say. Since the...
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Khamenei’s Office finds a way to circumvent US sanctions
Barkat Pharmaceutical Group wants to look legitimate in order to expand its international business and financial network. But Barkat is owned by Setad, an organization under the direct rule of Iran’s...
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Iran, backed by China, is aiming for insulin independence
Iran has succeeded in producing analog insulin pens, called Basalin. Officials claim that in the near future there will be no shortages in the Iranian pharma market, despite being hit by US sanctions....
View ArticleNovo Nordisk in Iran: An Investigation
Novo Nordisk Pars is the third biggest Pharmaceutical importer in Iran in terms of turnover and one of the six Pharma companies that receive the highest amount of subsidized foreign currency from...
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