Best list of pharmaceutical companies in Saudi Arabia 2022

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: www.ajapharma.com

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: www.alrazi-pharma.com

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: www.lemure-pharmacie.com

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

Website: www.amgen.sa

Revenue: $11.31 million

Year Started: 2017

Incorporated: 2020

ARAB COMPANY FOR PHARMACEUTICAL PRODUCTS

Address: Mecca Mecca, 21955 Saudi Arabia

Phone: +966-125213174

Website: www.arabio.com

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

Website: www.astrazeneca.com

Revenue: $32.32 million

Year Started: 1980

Incorporated: 1980

AVALON Pharmaceutical Factory

Website: http://www.avalonpharmaceutical.com/

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: www.batterjeepharma.com

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: www.baxter.com

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

Website: www.bayer.com

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: www.boehringerone.com

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: www.dallahhealth.com

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: www.dammampharma.com.sa

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: www.gsk.com

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

Website: www.jamjoompharma.com

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

Website: www.jpi.com.sa

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: www.medad-medical.com

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: www.riyadhpharma.com

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

Website: www.axantia.com

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: www.bashirco.com.sa

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

Website: www.merckgroup.com

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: www.avalonpharmaceutical.com

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: www.ngha.med.sa

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: www.novonordisk.com

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: www.pfizersaudi.com.sa

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: www.pharmacareksa.com

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

Website: www.psiltd.com

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: www.pharma.com.sa

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

Website: www.sanofi.com.sa

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: www.sajapharma.com

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: www.saudibio.com

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: www.saudi-pharma.net

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: www.spimaco.com.sa

Revenue: $415.86 million

Year Started: 1995 Incorporated: 1995

SPIMACO ADDWAEIH

Website: http://www.spimaco.com.sa/

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: www.sudairpharma.com

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: www.tabukpharmaceuticals.com

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: http://tamergroup.com/tamer-group/

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: www.damad.com

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.

Frequently Asked Questions

How many pharmaceutical companies are there in Saudi Arabia?

Saudi Arabia has more than 40 registered pharmaceutical factories, covering 36 percent of the local market’s drug needs.

What is the largest pharmaceutical company in Saudi Arabia?

SPIMACO is the largest pharmaceutical company in Saudi Arabia and manufactured 12.2million prescriptions in 2020, 1.7 million more than its closest competitor. It has a market share of 11.6 percent, the largest of any international and local private sector company.

How many countries do Saudi Arabia export pharmaceutical companies to?

Saudi Arabia exports medicines to 34 countries and targets 9 new countries in Africa, Europe, and Asia

What’s the total estimated expenditure of Saudi Arabia’s Pharmaceutical Market?

The Saudi pharmaceutical market is estimated at SR34 billion, and the Ministry of Industry and Mineral Resources strives to achieve the safety of medicines as a strategic goal within  2030 visions

Conclusion

Protecting local drug manufacture 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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