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Fero Industries Signs First Sucanon® Distribution Agreement for the Middle East
Date:10/5/2011

es prevalence.  Current estimates show that 26.6 million people have Type-2 diabetes in the region (7.7% of the adult population) with that number expected to nearly double in the next 20 years.  Similarly, the number of people with Impaired Glucose Intolerance ("IGT") or "pre-diabetes" is estimated to be an additional 24.4 million cases (7.1% of the adult population).  Healthcare costs associated with diabetes in the region were estimated to be $5.6 billion in 2010.

About Behestan Behdasht

Established in 2004, Behestan Behdasht (P.J.S.) is a focused consumer healthcare and OTC products importation and marketing company located in Iran.  As a trusted business partner, Behestan Behdasht offers international pharmaceutical and healthcare companies with access to the Iranian consumer market and provides local expertise regarding regulatory affairs, commercial services, business development, and marketing.  Behestan Behdasht distributes nutraceuticals, cosmetics, vitamins, dental and hygiene, and hospital care products from many leading companies including Merck & Co., Astellas Pharma Inc., B. Braun, Sandoz, Hexal AG, Solvay S.A., and Leo Pharma A/S.

Behestan Behdasht is a part of The Behestan Group, a conglomerate of pharmaceutical and medical products importers, distributors, and manufactures in Iran.  The Behestan Group is a founding member and current chairperson of the Iranian Pharmaceutical Products Importers Association.  For more information, please visit www.behestandarou.com.

About Sucanon®

Sucanon® is one of only three approved drugs in the multi-billion dollar market for a class of diabetic medications called "insulin sensitizers".  Pre-clinical and clinical studies show that Sucanon® and other insulin sensitizers lower a patient's blood sugar by increasing the muscle, fat and liver's sensitivity to t
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SOURCE Fero Industries, Inc.
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