In a performance review meeting of Soha Pharmaceutical Company held with the presence of the Managing Director and senior executives of the Medical Procurement Organization, emphasis was placed on strengthening the company's economic position within the pharmaceutical supply chain, updating financial and transactional processes, presenting a comprehensive business plan, and advancing toward sustainable profitability while fulfilling its core mission of supplying essential medicines to patients. The session followed the recent appointment of new members to the company's Board of Directors.
According to the Public Relations and International
Affairs Unit of the Medical Procurement Organization, the performance review
meeting for Saha Pharmaceutical Company was held on Monday, January 25, 2026 (5
Bahman 1404) in the conference hall of the Medical Procurement Organization.
The session was chaired by Dr. Shanehsaz, Managing Director of the Medical
Procurement Organization, with the attendance of senior headquarters officials.
Dr. Mirhosseiniyan, Managing Director of Soha
Pharmaceutical Company, along with several senior managers of the company, also
attended the meeting. During the session, the company's management presented an
analytical report on its current status, key performance indicators, and
financial trends, and outlined its main upcoming programs and priorities. The
meeting was convened in line with the directives of the President of the
Iranian Red Crescent Society, aiming to ensure continuous performance
evaluation of affiliated companies, strengthen management oversight mechanisms,
and verify alignment of operational activities with approved macro policies and
strategic orientations.
Given the recent appointment of new members to the
company's Board of Directors, the meeting underscored the necessity of
increasing Soha Pharmaceutical's market share and influence within the national
pharmaceutical sector, enhancing operational productivity, and fulfilling its
primary mission of supplying essential medicines to patients while alleviating
their treatment concerns. In this context, the importance of steering the
company toward sustainable profitability and adopting financially driven
decision-making was highlighted.
Another key focus of the session was reinforcing
corporate governance and expediting procurement and transaction processes while
fully adhering to applicable laws and regulations. Accordingly, the company was
directed— in collaboration with its Board of Directors—to update its financial
and transactional bylaws, secure internal approval, and subsequently submit
them to the Medical Procurement Organization (as holding entity) for final
review.
The meeting also emphasized activating internal audit
functions and the Audit Committee more effectively. It was resolved that issues
raised in the independent auditor's report must be addressed with sufficient,
precise, and defensible documentation.
Addressing rising overhead costs, energy expenses, and
exchange rate fluctuations—and their impact on gross profit—participants
discussed strategies to reduce total production costs and enhance
profitability. The company was also instructed to report its accounts
receivable cycle and financial turnover period to the Medical Procurement
Organization to support informed managerial decision-making.
Furthermore, the role of the Product Selection Committee
and the Research and Development (R&D) unit was underscored. It was
resolved that, considering market supply and demand dynamics, priority should
be given to products requiring lower raw material inputs and offering higher
added value—particularly high-tech medicines and other pharmaceuticals with
reduced dependency on imported raw materials.
Finally, the submission of a comprehensive business plan
and profitability roadmap for Soha Pharmaceutical Company to the Medical
Procurement Organization was emphasized as a fundamental requirement for future
strategic planning.