Saudi drug authority fines 6 pharma companies for violating stock, supply regulations

The authority said that its inspectors identified the violations during monitoring and inspection visits in July, the Saudi Press Agency reported. (Supplied)
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Updated 14 August 2024
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Saudi drug authority fines 6 pharma companies for violating stock, supply regulations

RIYADH: The Saudi Food and Drug Authority has announced violations against six pharmaceutical facilities that failed to have registered products available for the local market or did not report an expected shortage or interruption in supply.

The authority said that its inspectors identified the violations during monitoring and inspection visits in July, the Saudi Press Agency reported.

The authority stated that it imposed penalties and financial fines exceeding SR121,000 ($32,000), in accordance with the Pharmaceutical and Herbal Facilities and Products Law and its implementing regulations.

According to the law, manufacturers and warehouses of pharmaceutical and herbal products must maintain a permanent stock of their registered preparations sufficient for a period of six months, based on consumption data and annual demand reviewed by the authority.

Unless a decision is issued by the authority to cancel the registered product, the law requires manufacturers and warehouses to address any shortage in stock within a maximum of three months.

The law stipulates that pharmaceutical and herbal product manufacturers and warehouses are obligated to inform the authority of an expected shortage or interruption in the supply of registered products for a period of not less than six months from the expected shortage date. They are also required to provide solutions that contribute to compensating for the shortage.

Penalties can reach up to SR5 million, in addition to the facility being closed or its license being canceled. The authority urges consumers to report violating facilities by calling 19999.


Saudi Arabia welcomes ceasefire agreement between Syrian Democratic Forces and Syria state

Updated 1 min 27 sec ago
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Saudi Arabia welcomes ceasefire agreement between Syrian Democratic Forces and Syria state

RIYADH: Saudi Arabia has welcomed an agreement between the Syrian state and Syrian Democratic Forces.
In a foreign ministry statement early on Monday, the Kingdom said it had welcomed an deal between Damascus and Kurdish Syrian Democratic Forces that was announced by the Syrian government on Sunday.
The agreement entails merging all SDF forces into the defense and interior ministries and means that Kurdish forces will redeploy to east of the Euphrates river.
The 14-point deal would also see the immediate administrative and military handover of Deir Ezzor and Raqqa governorates.
The Syrian state would regain control of all border crossings, oil fields, and gas fields in the region, with protection secured by regular forces to ensure the return of resources to the Syrian government, while considering the special case of Kurdish areas, the state news agency SANA reported.
The ceasefire comes after intense fighting between the SDF and government troops in Aleppo. But SDF troops have now pulled back from there and the Syrian army now controls most areas east of Aleppo.
The Saudi foreign ministry statement also thanked the US for the agreement. Washington is believed to have supported brokering the ceasefire between allies SDF and the Syrian government, who they have also backed diplomatically since the fall of long-time dictator Bashar Assad.
The Syrian state announced on Friday a raft of new directives to recognize Syrian Kurds, including making their language official and bolstering other rights for the minority group.