Dam Darou (DAML) Raises Prices on Eight Veterinary Products by an Average of 212 Percent

Veterinary pharmaceutical maker Dam Darou (ticker DAML) disclosed on October 5, 2026 (13 Mehr 1405) via a Tier A material disclosure that it has raised prices on eight of its products under a permit issued the same day by Iran's Union of Veterinary Drug Producers and Exporters. The company said the increase, averaging 212 percent across the affected items, was needed to cover rising costs of raw materials, overhead and wages. Those eight products accounted for about 16 percent of the company's total sales revenue in the prior fiscal year, and six of them had no production or sales in that prior year.