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2026-09-15T11:41:25.000Z

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Three deals for biopharma localization worth 4.4 billion

Three deals for biopharma localization worth 4.4 billion

The Local Content and Government Procurement Authority announced the signing of three agreements aimed at localizing biopharmaceuticals, with an economic value of 4.4 billion riyals. These agreements seek to transfer knowledge and create over 800 jobs, as part of efforts to strengthen the local industry in the Kingdom. The agreements were signed during an event organized by the Authority and will be in effect until September 2026, with the goal of supporting the healthcare sector and reducing dependence on imports in this vital field.

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