Sanofi KSA marks 5th anniversary of factory in KAEC

The ceremony, which was held at the factory facility, was attended by members of Sanofi management, representing the parent company, in addition to Dr. Ahmed Serag, general manager of Sanofi Saudi Arabia.
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Updated 19 January 2020

Sanofi KSA marks 5th anniversary of factory in KAEC

Health care company Sanofi Saudi Arabia recently hosted a celebration marking the fifth anniversary of launching its pharmaceutical production plant in the Industrial Valley of King Abdullah Economic City (KAEC) in Jeddah. The ceremony, which was held at the factory facility, was attended by members of Sanofi management, representing the parent company, in addition to Dr. Ahmed Serag, general manager of Sanofi Saudi Arabia.

Dr. Serag said: “Since the factory was launched five years ago where we started to produce medicines locally, Sanofi factory will always be remembered as a success story that the company is proud of. The ambition and determination of Sanofi team steered the company to create a brilliant brand that loomed in the sky of pharmaceutical manufacturing and became a leader in the provision of reliable treatment solutions at the domestic level. 

“During the five years since the factory was set up, the work team was laser-focused on achieving excellence in services through a broad understanding of the Kingdom’s Vision 2030 that placed among its aims the promotion of pharmaceutical manufacturing in the Kingdom. The presence of the factory in KAEC is of particular importance, as it not only targets the Saudi market, but the entire Middle East region.”

Recently, Sanofi obtained an authorization from the Saudi Food and Drug Authority to manufacture the first drug that exclusively bears Sanofi’s name and trademark, a drug that is classified under the category of antibiotics and is used in the treatment of different groups of bacterial infections.

The company aims to increase the number of Saudis within the total workforce in the factory, providing Saudi youth an opportunity to qualify for a scientific career. The factory covers a total area of ​​35,000 square meters and was designed to locally produce up to 20 million packs of high-quality medicines that meet the needs of the regional community. The factory’s products cover the treatment of diabetes, cardiovascular disease, pain, tumors, cholesterol, and nervous system management drugs, as well as anticoagulants, antibiotics, antihistamines and antacids.


Report highlights 
NTP’s role in achieving Vision 2030

Updated 02 April 2020

Report highlights 
NTP’s role in achieving Vision 2030

The National Transformation Program (NTP) is playing a major role in overcoming the challenges in the way of achieving the ambitious targets of Saudi Vision 2030, according to Thamir bin Abdullah Al-Sadoun, CEO of the NTP. He made the statement on the occasion of the launch of a report on the achievements of the NTP from the period of its inception — June 2016 — until the end of 2019.

The report pointed out that the Kingdom ranked first globally in business environment reforms, according to the Doing Business 2020 report issued by the World Bank Group. It highlighted the establishment of the National Competitiveness Center (Tayseer) in 2019 and the more than 400 reforms the Kingdom undertook for investors.

Saudi Arabia jumped from No. 141 in 2018 to No. 38 in 2019 in the global “Starting a Commercial Activity” index. The Meras comprehensive service centers were established to provide instant licenses and electronic services necessary for starting a business, and a number of regulations were put in place to develop the infrastructure for commercial business.

“This resulted in the Kingdom’s advancement to the 49th position in the global rankings, three positions ahead of the most developed countries on the United Nations Conference on Trade and Development (UNCTAD) indicator,” the report observed.

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Saudi Arabia jumped from No. 141 in 2018 to No. 38 in 2019 in the global ‘Starting a Commercial Activity’ index.

The NTP also contributed to raise the level of protection for investors through the issuance of new regulations on bankruptcy, the mortgage system and the commercial franchise system.

Al-Sadoun said the achievements are a result of the implementation of basic and digital infrastructure projects, and the involvement of various government entities in identifying the challenges and creating solutions and implementing them.

The report highlighted the Kingdom’s progress in the Corruption Perceptions indicator to reach 10th position among the G20 countries; the launch of the tourist visa, which resulted in the issuance of more than 350,000 visas during the last quarter of 2019; and a 20 percent decrease in road traffic deaths in 2018 compared to 2017. 

The report also underlined the Kingdom’s commitment to digital transformation under the NTP, with the country ranking third globally in the deployment of 5G networks.