Iran is enriched with a vast number of medicinal herbs. Knowledge of traditional medicine and works of scholars such as Avicenna and AlRazi are parts of the rich heritage of this land. Contemporary Iran has successfully accomplished to increase the number of workforces in the field of medicinal plants and traditional medicine with around 120 universities, scientific and research institutions and organizations contributing to the development of this area.

Currently Iran benefits from the active presence of over 150 knowledgebased enterprises in medicinal plants, herbal medicines, natural products, and traditional medicine active in manufacturing and commercializing more than 450 knowledgeintensive natural products of human and animal origin. Iran National Innovation Fund, alongside a variety of other players from different parts of the government, policymakers, and nongovernmental organizations plans to continue supporting these companies with their internationalization.

INIF encourages international cooperation in the following areas:

• Developing medicinal plant and natural product export as well as science and technology transfer required for advancement of this area.

• Transferring knowhow and the required equipment to improve quality of the knowledgebased products.

• Developing cobranding and international standards to facilitate export development.

• Signing international agreements in an attempt to establish technology commercialization offices in the target countries.

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