Updated on 12 December 2014
The new facility promises to create 100 new jobs in the Kingdom by next year
Singapore: Sanofi, recently, inaugurated its factory at King Abdullah Economic City, an industrial and residential development on the Red Sea, Saudi Arabia. A Sanofi spokesperson said that the company will embark on its commercial production early next year.
Mr Rajiah Meir, Sanofi's communications manager for Saudi Arabia, told a news report, "After product testing and regulatory approval "the first commercial batches" should be available in February. The plant would initially produce antibiotics, cardiovascular drugs, diabetic medication and medicine to protect against blood clots."
According to reports, Sanofi is the first multinational company to produce drugs in the Kingdom. The new facility promises to create 100 new jobs in the Kingdom by next year.
Sanofi did not reveal the investment details, however, the 35,000-square-meter plant's construction had begun two years ago and will export throughout the Gulf, the company's website read.
Sanofi executive vice president for global industrial affairs Mr Philippe Luscan said,"We are delighted today to open this facility, together with KAEC and the Saudi Arabian General Investment Authority (SAGIA) as our strategic partners. As a pioneer, we built a plant designed to produce up to 20 million packs of locally made high quality medical treatments which will benefit the needs of the regional community, through an adapted life cycle management. We are proud to share Sanofi's technology knowledge and industrial culture of quality, customer service, respect for environment and safety with the Kingdom."