Saudi Authority for Industrial Cities and Technology Zones (MODON) has signed a SR500m ($133m) investment agreement with the Vaccine Industrial Company (Vaccine) to set up a joint venture factory in Sadeer City to strengthen the pharmaceutical security system and localise the manufacturing of vaccines and vital medicines in the Kingdom.
تحت رعاية سموّ الشيخ خالد بن محمد بن زايد آل نهيان، ولي عهد أبوظبي رئيس المجلس التنفيذي لإمارة أبوظبي
Under the Patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of Abu Dhabi Executive Council
INDUSTRY NEWS
Saudi Arabia announces $133m vaccine manufacturing facility
Saudi Arabia to create 150 jobs as it looks to manufacture and export Covid-19, flu, chickenpox and rotavirus vaccines.
Saudi Arabia has announced it will build a $133m vaccine-manufacturing facility.
Source: www.arabianbusiness.com
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