WuXi AppTec Signs Strategic MoUs with NEOM and Saudi Ministry of Health to Localize Pharma Industry

Reuters10-28
WuXi AppTec Signs Strategic MoUs with NEOM and Saudi Ministry of Health to Localize Pharma Industry

WuXi AppTec Co. Ltd., a leading global pharmaceutical CRDMO, has announced the signing of two strategic memoranda of understanding (MoUs) with NEOM and the Ministry of Health $(MOH)$ of Saudi Arabia. The collaboration with NEOM aims to explore the localization of pharmaceutical research, development, and manufacturing in Saudi Arabia, including establishing world-class CRDMO facilities at Oxagon or other locations in the country. The MoU with the Ministry of Health will focus on localizing the pharmaceutical value chain, developing a large-scale pharmaceutical workforce, and attracting foreign direct investment. These partnerships are expected to drive innovation, accelerate the growth of the biotechnology sector in Saudi Arabia, and advance WuXi AppTec's mission to support global healthcare development.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. WuXi AppTec Co. Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN08748) on October 28, 2025, and is solely responsible for the information contained therein.
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