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.


France, Saudi collaborate on space for artists in Riyadh

Updated 14 sec ago
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France, Saudi collaborate on space for artists in Riyadh

  • L’Institut francais, Riyadh Art will open La Fabrique on Feb. 22
  • ‘New cultural chapter’ between the nations, says France envoy

RIYADH: L’Institut francais in Saudi Arabia and Riyadh Art, an initiative of the city’s royal commission, have announced the opening of La Fabrique, a space for artists, on Jan. 22.

The project is based in the Riyadh Art Hub in JAX District and will enable Saudi and French artists to create, experiment, and bring their visions to life, according to a press release from the organizers.

La Fabrique also offers the public a rare opportunity to witness creative production including movement performances, digital and immersive arts, photography, music, cinema, cuisine and poetry.

At its core, La Fabrique fosters artistic exchange between French and Saudi artists, fostering new encounters, shared practices, and co-creation.

The initiative is aligned with the vision shared by French President Emmanuel Macron and Crown Prince Mohammed bin Salman, who have placed cultural cooperation at the heart of the renewed Saudi-French strategic partnership.

Anchored in the ambitions of Vision 2030, La Fabrique is a part of Riyadh’s transformation into a major international cultural hub.

Developed in cooperation with Saudi Arabia’s Ministry of Culture, the project strengthens the long-standing cultural dialogue between the two nations, the press release stated.

Patrick Maisonnave, ambassador of France to Saudi Arabia, said: “La Fabrique embodies the spirit of a new cultural chapter between France and Saudi Arabia.

“By bringing our artists together, we are not only sharing techniques and traditions, we are opening a space where imaginations meet, new forms emerge, and creativity becomes a bridge between our two societies.

“This initiative reflects our belief that artistic dialogue is one of the most powerful ways to build understanding, trust, and a shared future. It stands as a concrete example of France’s contribution to the ambitions of Vision 2030.”