“In the framework of enhancing cooperation between the Kingdom of Saudi Arabia and the Arab Republic of Egypt in the pharmaceutical industry, two Memoranda of Understanding and contracts were signed with two leading Egyptian companies during the CPhI Middle East 2024 event held in Riyadh.

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“In the framework of enhancing cooperation between the Kingdom of Saudi Arabia and the Arab Republic of Egypt in the pharmaceutical industry, two Memoranda of Understanding and contracts were signed with two leading Egyptian companies during the CPhI Middle East 2024 event held in Riyadh.

The agreements included a secondary manufacturing contract with Acdima, paving the way for the complete transfer of technology to the Medical Solutions Factory in Saudi Arabia. Additionally, a Memorandum of Understanding was signed with October Pharma, aiming to establish a strategic partnership to develop bilateral cooperation and transfer advanced technologies, with a focus on the registered terms and leveraging the extensive experience of October Pharma to drive innovation in pharmaceutical manufacturing.

These agreements target the production of high-quality medical products that meet the needs of local and global markets, contributing to the realization of Saudi Vision 2030 by strengthening the healthcare sector and developing advanced medical solutions.

This joint cooperation reflects the commitment of all parties to advance the medical sector in both countries, representing a significant step toward improving healthcare and promoting innovation in the pharmaceutical industry in the region.”

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