Industry ministry leads national plan to localize pharmaceuticals, vaccines: Alkhorayef

Bandar Alkhorayef, Minister of Industry and Mineral Resources

Saudi Arabia’s Minister of Industry and Mineral Resources Bandar Alkhorayef said the ministry is leading a national plan to localize the pharmaceuticals and vaccination industry, with the cooperation of several entities, notably the Ministry of Health and the Saudi Food and Drug Authority (SFDA).

It is a priority to localize this field because of its importance in achieving pharmaceutical and health security, the minister stressed during a seminar organized by the Saudi Economic Association.

Alkhorayef also emphasized the importance of the industrial sector in diversifying sources of income, and indicated that the ministry is working, through the industrial strategy, to make the national industry globally competitive by enabling local content, and the fourth industrial revolution.