Iraq signs MoU with Sanofi to boost pharmaceutical sector

Iraq Signs Historic MoU with Sanofi to Boost Pharmaceutical Sector

In a landmark agreement, Iraq has signed a Memorandum of Understanding (MoU) with French multinational pharmaceutical company Sanofi, marking a significant turning point in the country's efforts to revitalize its pharmaceutical sector. The deal, which was inked by Iraqi President Barham Salih and Sanofi CEO Paul Hudson in Baghdad yesterday, promises to inject $100 million into Iraq over the next five years to support the development of new medicines and technologies.