Saudi Minister: 50 registered pharmaceutical factories in the Kingdom cover 42% of needs

The Minister of Industry and Mineral Resources of Saudi Arabia, Bandar Al-Khoraef, said that the number of registered pharmaceutical plants in the Kingdom has reached 50, which covers the needs of the Kingdom in value terms by 28%.

Al-Khoraef added during his participation in the Riyadh summit that the chemical-pharmaceutical sector in the Kingdom is one of the strong sectors that has proven its ability to cope with challenges during the pandemic.

He noted that the Vaccine and Biomedical Industry Committee is working with 13 government agencies to advance the concept of one-stop services (one-shop-stop) for the first time.

He stated that the Kingdom is taking a strategic and integrated approach to building the right infrastructure for biotechnology at the global level, which will attract the best talent, foster innovation and lead the Kingdom globally in health and life sciences.

Source: Saudi Arabian media.