China’s Hengkang to build medical center in Iran

TEHRAN (Tasnim) – China’s Hengkang Medical Group plans to set up a medical center in Iran following the removal of anti-Tehran sanctions, a report said.

Hengkang Medical Group said on Friday that it has signed letters of intent with Iranian firms to set up a Chinese medicines institute, plant and medical center in Iran, Reuters reported.

Hengkang medical Group Co, LTD is principally engaged in the research, development, manufacture and sale of traditional Chinese medicines.

The Company primarily provides analgesic and haemostatic drugs including duyiwei capsules, drugs for replenishing Qi, nourishing blood and tranquillization including shenqi wuweizi tablets, cardiovascular drugs such as maiping tablets, as well as drugs for urinary and reproductive systems such as qianlie antong tablets.

There has been growing interest in ties with Iran since Tehran and the Group 5+1 (Russia, China, the US, Britain, France and Germany) on July 14, 2015 reached an agreement on Iran’s peaceful nuclear program and started implementing it on January 16.

The agreement terminated all nuclear-related sanctions imposed on Iran.

By Tasnim News Agency