The pharmaceutical companies in Saudi Arabia exports more than Rs 1,500 crore annually and is estimated to grow at 5 percent annually.
The industry’s production has reached more than 1,730 million therapeutic units in 2020 with 36 production lines.
More than 50 new drugs are manufactured under license at the pharmaceutical plants of SPIMACO and its subsidiaries.
The companies produce all pharmaceutical forms: tablets, injections, syrups, suppositories, antibiotics, dry syrups, capsules, and ointments.
The local production of medicines plays a crucial role in maintaining the resilience of national healthcare systems, especially when it comes to facilitating access to necessary medicines and reducing dependence on imports and international supply chains.
RandD’s activities in this sector are one of the main obstacles to the diversification of the locally manufactured drug portfolio, along with many other related issues such as unsupportive regulatory systems and limitations in human capacity.
Overview of the pharmaceutical sector in Saudi Arabia
The pharmaceutical industry is an important pillar of any healthcare system and its scope of activity includes the research, development, manufacture, and marketing of medicines.
The general outline of the modern era of the pharmaceutical industry begins with drug discovery through scientific research and development (RandD) to pre-clinical and clinical evaluations, from drug manufacturers to market entry.
However, identifying new drug targets and obtaining regulatory approval are the greatest challenges facing the pharmaceutical industry today.
Pharmaceutical companies are usually active in both national and international markets, subjecting them to specific health regulations and policies governing the manufacture, registration, marketing, and sale of medicines.
These laws vary from country to country depending on the health challenges they face, and could directly affect the discovery, development, manufacture, and sale of new drugs.
The main engine of any pharmaceutical industry relies heavily on RandD, which involves the academic, public, and private sectors to research potential new drugs.
The pharmaceutical industry contains a large sum of capital investment due to the high cost and the long process of introducing a new drug medicament.
With the largest economy in the Gulf Cooperation Council (GCC) by population and gross domestic product (GDP), Saudi Arabia has the largest pharmaceutical market in the region, despite low local production of branded name drugs compared to generic.
The Saudi pharmaceutical sector relies heavily on imported drugs from the US, Europe, China, and India. The low production of medicines has drawn the government’s attention to encourage investments in medicine production to produce at least 40% of the total medicines in the Saudi market, according to the Kingdom’s long-term development plan
Pharmaceutical Companies in Saudi Arabia
Here’s a list of some of the top pharmaceutical companies operating in Saudi Arabia:
AJA PHARMACEUTICAL INDUSTRIES COMPANY
Address: Second floor,Saudi Chemical Company HQ,AlAhsa Street PO Box 26665 Riyadh, 11461 Saudi Arabia
Phone: +966-112687900
Website: Visit here
Revenue: $48.49 million
Year Started: 2012
Incorporated: 2012
AL RAZI PHARMA INDUSTRIES FACTORY COMPANY
Address: Building No. 3992, 2nd Industrial City,Street 67, Cross 110 Dammam Saudi Arabia
Phone: +966-138281919
Website: visit
Revenue: $282.20 million
Year Started: 2010
Incorporated: 2010
AMAMA MEDICAL COMPANY
Address: Anas Bin Malik Street,Altamimi Supermarket Riyadh Saudi Arabia
Phone: +966-114003500
Website: click here
Revenue: $11.31 million
Year Started: 2013
Incorporated: 2013
AMGEN SAUDI ARABIA LIMITED COMPANY
Address: 4th floor,Centria Mall,PO Box:91700 Olaya Main Street Riyadh, 11423 Saudi Arabia
Phone: +966-112799300
Revenue: $11.31 million
Year Started: 2017
Incorporated: 2020
ARAB COMPANY FOR PHARMACEUTICAL PRODUCTS
Address: Mecca Mecca, 21955 Saudi Arabia
Phone: +966-125213174
Revenue: $8.08 million
Year Started: 2005
Incorporated: 2005
ASTRAZENECA SAUDI ARABIA
Address: 13th floor, Unit no. 20,Al-Nakhla Tower,Ath Thumamah road Al Sahafa district, 7198 Riyadh, 13315 Saudi Arabia
Phone: +966-112249200
Revenue: $32.32 million
Year Started: 1980
Incorporated: 1980
AVALON Pharmaceutical Factory
Website: click here
Address: P.O.Box 301332 Riyadh 11372 Kingdom of Saudi Arabia
Email: [email protected]
Phone: +966 55 222 1704
BATTERJEE PHARMACEUTICAL & MEDICAL APPLIANCES COMPANY FACTORY
Address: Batterjee Pharmaceutical Factory, Industrial Area,Phase 4 Road 45, P.O.Box: 10667 Jeddah, 21443 Saudi Arabia
Phone: +966-126089999
Website: Visit here
Revenue: $24.24 million
Year Started: 2006
Incorporated: 2006
BAXTER COMPANY LIMITED
Address: Second Industrial Area No. 2,Street No. 6 Riyadh, 31952 Saudi Arabia
Phone: +966-112914348
Website: Visit here
Revenue: $80.81 million
Year Started: 2009
Incorporated: 2007
BAYER SAUDI ARABIA COMPANY
Address: 3rd Floor, Plot No 10,Al Kamal Building 6147 Rayat Al Ittihad Street,P.O. Box 16207 Jeddah, 21464 Saudi Arabia
Phone: +966-126613091
Revenue: $18.18 million
Year Started: 2015
Incorporated: 2015
BOEHRINGER INGELHEIM GERMAN COMPANY
Address: 2nd Floor,,Business Fort, Building A2,,Airport Road, Opposite Prince Noura University Riyadh, 11527 Saudi Arabia
Phone: +966-114601832
Website: Visit here
Revenue: $11.31 million
Year Started: 2019
Incorporated: 2019
DALLAH HEALTHCARE CO.
Address: 2nd Floor,Nakheel Building,1157 King Fahad Road,P.O. Box 87833 Riyadh, 11652 Saudi Arabia
Phone: +966-112995555
Website: Visit here
Revenue: $351.53 million
Year Started: 1994
Incorporated: 1994
DAMMAM PHARMA COMPANY
Address: Unit number 1,1st Industrial City,Unit No.1, Street 17 Dammam, 32234-3631 Saudi Arabia
Phone: +966-138216444
Website: Visit here
Revenue: $8.08 million
Year Started: 2012
Incorporated: 2014
GLAXO SAUDI ARABIA COMPANY LIMITED
Address: 22nd Floor, Headquarters Business Park,Corniche Road Jeddah, 21544 Saudi Arabia
Phone: +966-126536666
Website: Visit here
Revenue: $53.33 million
Year Started: 1992
Incorporated: 1992
JAMJOOM PHARMACEUTICALS CO. FACTORY
Address: Jamjoom Pharmaceuticals Company Building Corniche Road PO BOX:6267,Al-Hamra District Jeddah, 21442 Saudi Arabia
Phone: +966-126081111
Revenue: $161.62 million
Year Started: 1997
Incorporated: 2005
JAZEERA PHARMACEUTICAL INDUSTRIES CO
Address: 3rd and 4th Floor,Al Kharj Road,PO Box 16229 Riyadh, 11666 Saudi Arabia
Phone: +966-114788034
Revenue: $223.00 million
Year Started: 1994
Incorporated: 1994
MEDAD MEDICAL SERVICES COMPANY
Address: King Khalid Street,P.O. Box 32233 Dammam Saudi Arabia
Phone: +966-557272720
Website: Visit here
Revenue: $11.31 million
Year Started: 2020
Incorporated: 2020
MEDICAL AND COSMETIC PRODUCTS COMPANY LIMITED
Address: 1st, 2nd, 3rd and 7th Floor, Haya medical building Abdulmalek Bin Marwan street, Moatamarat district Riyadh, 11411 Saudi Arabia
Phone: +966-112650511
Website: click here
Revenue: $100.21 million
Year Started: 1994
Incorporated: 1994
MED CITY PHARMA FOR PHARMACEUTICAL INDUSTRIES COMPANY FACTORY
Address: PO BOX:7278,Jeddah Industrial Area Phase Five Jeddah, 21461 Saudi Arabia
Phone: +966-920003288
Revenue: $16.16 million
Year Started: 2006
Incorporated: 2006
MEDICAL & PHARMACEUTICAL SERVICES OWNED BY BASHIR SHAKIB AL JABRI AND PARTNERS CO LTD
Address: Falastin Street, P.O. Box 9584 Jeddah, 23343 Saudi Arabia
Phone: +966-126700430
Website: Visit here
Revenue: $53.48 million
Year Started: 1981
Incorporated: 1983
MERCK K G COMPANY
Address: Gate 4, 2nd Floor, Office 4208, Mamdouh Bin Abdul Aziz Road Behind Al Sadhan Supermarket, Al Safwa District , Sulaimanya Riyadh, 11411 Saudi Arabia
Phone: +966-112886750
Revenue: $11.31 million
Year Started: 1951
Incorporated: 1995
MIDDLE EAST PHARMACEUTICAL INDUSTRIES COMPANY
Address: 8146 King Muhammad,Al Sulaymaniyah District, P.O. Box 4180 Riyadh, 11372 Saudi Arabia
Phone: +966-114653144
Website: Visit here
Revenue: $80.65 million
Year Started: 1998
Incorporated: 1998
NATIONAL ANTIVENOM AND VACCINE PRODUCTION CENTRE
Address: Khurais Road, Al Rimayah,P.O. Box 22490 King Abdulaziz Medical City Riyadh, 11426 Saudi Arabia
Phone: +966-118045626
Website: Visit here
Revenue: $11.31 million
Year Started: 1997
Incorporated: 1997
NOVO NORDISK
Address: 12th Floor, Al Nakhla Tower 3026 Prince Mohamed Bin Salman Bin Abdulaziz, As Sahafah Riyadh, 11671 Saudi Arabia
Phone: +966-114614963
Website: click here
Revenue: $12.92 million
Year Started: 2013
Incorporated: 2013
PFIZER SAUDI COMPANY LTD
Address: 14th Floor & 15th Floor,King’s Road Tower,King Abdul Aziz Road PO Box 33885 Jeddah, 21458 Saudi Arabia
Phone: +966-122292300
Website: Visit here
Revenue: $76.93 million
Year Started: 2017
Incorporated: 2017
PHARMA CARE LEADING MANUFACTURING COMPANY
Address: Industrial Area,Phase 5, Po Box 24179 Jeddah, 21446 Saudi Arabia
Phone: +966-920028882
Website: click here
Revenue: $9.70 million
Year Started: 1999
Incorporated: 2006
PHARMACEUTICAL SOLUTIONS INDUSTRIES LIMITED
Address: Road 28, Phase 2,Third Industrial City, Industrial Estate P.O. Box 17476 Jeddah, 21484 Saudi Arabia
Phone: +966-126369119
Revenue: $96.97 million
Year Started: 1975
Incorporated: 1975
PHARMA FOR MEDICINES AND MEDICAL PREPARATIONS INDUSTRIES COMPANY
Address: 3rd Floor,Silicon Building No.1 , Office 7,Olaya Main Road, Mousa Bin Nosair Street Riyadh, 11351 Saudi Arabia
Phone: +966-112154295
Website: Visit here
Revenue: $12.93 million
Year Started: 1998
Incorporated: 2013
SANOFI AVENTIS ARABIA COMPANY LIMITED
Address: King Abdullah Economic City Rabigh, 23989 Saudi Arabia
Phone: +966-125106000
Revenue: $80.81 million
Year Started: 2011 Incorporated: 2011
SAUDI ARABIAN JAPANESE PHARMACUTICAL PRODUCTS CO. LTD
Address: Office 101,2900 Prince Mohammed Bin Abdulaziz St,PO Box 42600 Aster Center Jeddah, 23421 Saudi Arabia
Phone: +966-126066667
Website: Visit here
Revenue: $121.22 million
Year Started: 1995
Incorporated: 1996
SAUDI BIOTECHNOLOGY MANUFACTURING COMPANY
Address: 2nd Floor,Jarir Building,Northern Ring Road,Al-Masif,Exit 6 Riyadh Saudi Arabia
Phone: +966-114620101
Website: Visit here
Revenue: $11.31 million
Year Started: 2010
Incorporated: 2010
SAUDI PHARMACEUTICAL INDUSTRIES SPI
Address: Industrial Area Police Station,PO Box 355127,Ayoub Ibn Ishaq St Riyadh, 11561 Saudi Arabia
Phone: +966-112650354
Website: click here
Revenue: $24.24 million
Year Started: 1994
Incorporated: 1999
SAUDI PHARMACEUTICAL INDUSTRIES AND MEDICAL APPLIANCES CORPORATION
Address: Al Ihsaa,PO Box 20001 Riyadh, 12812 Saudi Arabia
Phone: +966-112523333
Website: Visit here
Revenue: $415.86 million
Year Started: 1995 Incorporated: 1995
SPIMACO ADDWAEIH
Website: Visit here
Address: P.O.BOX 20001 Riyadh 11455, K.S.A
Email: [email protected]
Phone: 00966-11-2523333
SUDAIR PHARMACEUTICAL COMPANY
Address: Sudair Pharma office 305, 3rd floor, Riyadh Gallery A1 King Fahd Road, PO Box 19047 Riyadh, 12363 Saudi Arabia
Phone: +966-114668193
Website: Visit here
Revenue: $15.35 million
Year Started: 2013
Incorporated: 2013
TABUK PHARMACEUTICALS MANUFACTURING COMPANY
Address: Astra Industrial Group Building No:2,King Abdulaziz Street P.O. Box: 28170 Riyadh, Central Province, 11437 Saudi Arabia
Phone: +966-144283030
Website: click here
Revenue: $387.89 million
Year Started: 1994
Incorporated: 1994
TADAWY BIOMEDICAL COMPANY
Address: King abdulazia road,P.O.Box: 63811 Riyadh, 11526 Saudi Arabia
Phone: +966-114600200
Revenue: $11.31 million
Year Started: 2004
Incorporated: 2004
TAMER M&P
Website: click here
Address: P.O.Box. 180 – Jeddah – 21411 Saudi Arabia
Phone: +966 (12) 644 0099
Fax: +966 (12) 642 2669
Email: [email protected]
THE NATIONAL MEDICAL PRODUCTS COMPANY LTD
Address: 173 Street Riyadh, 14331 Saudi Arabia
Phone: +966-114981666
Website: click here
Revenue: $56.57 million
Year Started: 1977 Incorporated: 1977
Regulatory Authorities
The pharmaceutical market in Saudi Arabia is controlled by the government and the private sector and is mainly regulated by the Saudi Food and Drug Authority (SFDA) in cooperation with the Ministry of Health (MoH).
Established in 2003, the SFDA regulates the drug supply chain, the registration, sale, and pricing of all pharmaceutical products, as well as the licensing, inspection, and suspension of manufacturers who do not meet the country’s regulatory requirements.
This mandate requires compliance with strict regulations to enable an accurate market analysis to balance drug supply and demand.
In addition, the SFDA has partnered with the Department of Health to establish a chain of custody from the manufacturer to the point of sale at a local pharmacy and has improved its infrastructure to facilitate the import, manufacture, and distribution of medicines.
Conclusion
Protecting local drug manufacturers by preventing the import, or even raising the tax rate, of similar therapies already manufactured in the country would force international approval of such drugs into the Saudi market.
Therefore, it will encourage local manufacturing by forming joint ventures (ie, associations of international domestic companies) rather than foreign-made medicines competing with local ones. Patent protection systems can also increase the return on investment in the manufacture of drugs and biopharmaceuticals.
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