Pharmaceutical & Biotechnology

Developing Local Pharmaceutical Capabilities

National Industrial Development promoting local manufacturing of generic drugs, vaccines, and biotechnology products. The NIDLP promotes local manufacturing of medical devices, generic drugs, and vaccines. Biotechnology & Pharma is identified as a key investment sector on Invest Saudi.

Market Size

$20 Billion

Growth Rate

+25%

Total Investment

$20B by 2030

Employment

50,000+ jobs

Vision 2030 Goals

Strategic objectives for this sector

Localize 40% of pharmaceutical production
Develop vaccine manufacturing capabilities
Establish biotech research centers
Create pharmaceutical export hub

Growth Drivers

Key factors driving sector growth

Healthcare sector growth
Government localization policies
Growing pharmaceutical demand
Biotech innovation support
Regional export potential

Regulatory Bodies

Government organizations overseeing this sector

SFDAMOHMISAKACST

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