98% of medical needs met domestically: VP Sattari

TEHRAN, Nov. 23 (MNA) – Iran’s Vice President for Science and Technology Sorena Sattari praises knowledge-based companies' role in assisting the country to meet medical needs inside the country.

Speaking on a visit to the northern Mazandaran province on Saturday, VP Sattari criticized oil economies for their incapabilities, saying that nowadays, the price of a barrel of oil is lower than a bottle of perfume.

"Development with an oil economy is impossible, and we must all realize that dependency on oil revenues will get nowhere," Sattari said.

He urged for a technolgy-based economy, saying that "today, no country is going to oil-rich countries for technology."

The vice president pointed out that drug production is one of the most important areas that knowledge-based companies are involved in Iran, adding tha 98% of the country's human medicines are produced domestically.

He added big steps have been taken by the knowledge-based firms in the area of veterinary pharmacy and nutrition industry.

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News Code 152599

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