Page 9 - கிங் அப்துல்லா பொருளாதார நகரம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

RIYADH: The Saudi Arabian pharmaceutical drugs market was estimated to be worth $10.19 billion last year and is expected to grow at an annual rate of 7.3 percent over the next six years, new data has revealed. The optimistic forecast was partly based on the Kingdom’s plans to expand local manufacturing capabilities, according to a report by US-based research company Coherent Market Insights. “Rapid reforms in the healthcare sector in Saudi Arabia by the government and multinational companies is expected to propel growth of the Saudi Arabia pharmaceutical drugs market,” the report said. Throughout 2020, a number of high-profile agreements and partnerships were announced within the sector.

Saudi arabiaAr riyaSaudi arabianRodrigo rodriguezSaudi ministry of healthTakeda pharmaceutical coPublic investment fundCoherent marketBarcelona based grifolsSaudi ministryMiddle eastArab newsKing abdullah economic cityCoherent market insightsசவுதி அரேபியாஆர் ரியா