The Director General of Natural, Traditional, Supplementary Products and Infant Formula at the Food and Drug Organization announced that the prices of regular and dietary infant formulas will be based on the prices registered in the TTAC supply chain system, and displaying prices in other forms on the packaging of these products is also acceptable.
Pricing of Infant Formula in the Country / Price Registration in the TTAC System
The Iranian Food and Drug Organization has established that the pricing of infant formulas will be determined by the TTAC system. This decision affects both regular and dietary formulas and allows for alternative price displays on packaging.
👥 Key Players
📰 What Happened
The Iranian Food and Drug Organization announced that the prices of regular and dietary infant formulas will now be determined by the TTAC supply chain system, allowing for alternative pricing displays on product packaging.
- The pricing will be based on the TTAC system, which is a supply chain management tool.
- Alternative price displays on packaging are now permitted, providing flexibility for manufacturers.
💡 Why It Matters
📚 Background
Infant formula pricing is critical in Iran, where economic sanctions and inflation have impacted food security. The TTAC system is part of broader supply chain reforms.
🏷️ Entities Mentioned
Translated from the original and edited for English readers. View original source →
Translation confidence: 85%