By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Gulf PressGulf Press
  • Home
  • Gulf News
  • World
  • Business
  • Technology
  • Sports
  • Lifestyle
Search
Countries
More Topics
  • Health
  • Entertainment
Site Links
  • Customize Interests
  • Bookmarks
  • Newsletter
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Reading: 24 pharmaceutical firms fined SR678400 by SFDA for violations
Share
Notification Show More
Latest News
Al Budaiya farmers’ market faces severe parking crisis
Gulf
Minister affirms need to promote Kuwait tourism
Gulf
New publication chronicles depth of Oman-Russia ties in 19th century
Gulf
Crown Prince and Emir of Qatar co-chair Saudi-Qatari Coordination Council meeting in Riyadh
Gulf
Qatar residents invited to witness Geminids meteor shower peak on Dec 13
Gulf
Aa
Gulf PressGulf Press
Aa
  • Gulf News
  • World
  • Business
  • Entertainment
  • Lifestyle
  • Sports
Search
  • Home
  • Gulf
  • Business
  • More News
    • World
    • Technology
    • Lifestyle
    • Entertainment
    • Sports
Have an existing account? Sign In
Follow US
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Gulf Press > Uncategorized > 24 pharmaceutical firms fined SR678400 by SFDA for violations
Uncategorized

24 pharmaceutical firms fined SR678400 by SFDA for violations

News Room
Last updated: 2024/09/26 at 12:54 AM
News Room
Share
4 Min Read
SHARE

The Saudi Food and Drug Authority (SFDA) has taken strict action against 24 pharmaceutical firms for violating regulations. These firms were fined a total of SR678,400 for failing to provide their registered products in the local market. The violations included not reporting to the SFDA’s Drug Track and Trace System (RSD), not notifying the SFDA of anticipated shortages or supply interruptions, and not maintaining adequate stock of their products. Last month, the SFDA’s inspectors identified these violations, leading to penalties being imposed on the offending establishments.

The penalties were imposed in accordance with “The Registration Rules of Pharmaceutical, Herbal and Health Product Manufacturers and Their Products Guideline.” Among the violations reported, five establishments failed to report directly to the RSD, nine did not provide their registered products, nine did not report expected shortages or supply interruptions, and one failed to maintain sufficient stock of all its registered products for at least six months. The SFDA is committed to enforcing these regulations to ensure the availability of medicine for the citizens and residents of Saudi Arabia.

According to the guidelines, pharmaceutical and herbal manufacturers and warehouses are required to maintain sufficient stock for six months of all their registered products based on consumption and need data. Any stock shortages must be addressed within three months, unless the SFDA decides to cancel the product registrations. Manufacturers and representatives must notify the SFDA of anticipated shortages or interruptions in the supply of registered products for at least six months and provide solutions to address the shortage. Failure to comply with these regulations can result in fines, closure of the facility, or cancellation of its license.

The SFDA aims to ensure the safety and quality of pharmaceutical products available in the market. As part of its commitment to regulatory compliance, the SFDA monitors pharmaceutical establishments for adherence to guidelines. The authority urges individuals to report any violations by contacting the unified number (19999). By enforcing these regulations, the SFDA plays a crucial role in safeguarding public health and ensuring that essential medicines are readily accessible to the population in Saudi Arabia.

The SFDA takes violations of pharmaceutical regulations seriously and imposes penalties to deter non-compliance. In addition to the fines, establishments may face closure or license cancellation for repeated violations. The SFDA’s strict enforcement of regulations underscores its dedication to upholding standards in the pharmaceutical industry. By holding establishments accountable for their actions, the SFDA aims to create a safe and reliable healthcare environment for the people of Saudi Arabia.

Pharmaceutical and herbal manufacturers play a vital role in providing essential medication to the population. It is imperative that these establishments adhere to regulatory requirements to maintain the quality and availability of their products. The SFDA’s actions against non-compliant firms send a clear message that violations will not be tolerated. By enforcing penalties and monitoring compliance, the SFDA reinforces the importance of following regulations to ensure the safety and effectiveness of pharmaceutical products in the market. As the SFDA continues to crack down on violators, it sends a strong signal that regulatory compliance is paramount in the pharmaceutical industry.

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
News Room September 26, 2024
Share this Article
Facebook Twitter Copy Link Print
Previous Article USD/JPY remains below 145.00 following publication of BoJ Meeting Minutes
Next Article Unions Pledge ‘Strong Opposition’ as Volkswagen Negotiations Commence – News
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3k Followers Like
69.1k Followers Follow
56.4k Followers Follow
136k Subscribers Subscribe
- Advertisement -
Ad imageAd image

Latest News

Al Budaiya farmers’ market faces severe parking crisis
Gulf December 8, 2025
Minister affirms need to promote Kuwait tourism
Gulf December 8, 2025
New publication chronicles depth of Oman-Russia ties in 19th century
Gulf December 8, 2025
Crown Prince and Emir of Qatar co-chair Saudi-Qatari Coordination Council meeting in Riyadh
Gulf December 8, 2025

You Might also Like

Uncategorized

Darven: A New Leap in AI-Powered Legal Technology Launching from the UAE to the World

July 1, 2025
Uncategorized

The Myriad Redefines Student Living for a Mobile, Urban Generation

May 27, 2025
Uncategorized

Bitget Celebrates Bitcoin Pizza Day by Distributing Over 5000 Pizzas in Over 20 Cities Worldwide

May 22, 2025
Uncategorized

Qatari Citizens and Residents come together for Eid Al-Fitr Prayers and Celebrations in Photos

March 30, 2025
Uncategorized

CNTXT and Oracle Strengthen AI Collaboration to Drive Innovation

February 14, 2025
Uncategorized

PIF introduces $7 billion Murabaha Credit Facility for the first time

January 6, 2025
Uncategorized

Pound Sterling Price Update and Prediction: GBP strengthens as risk sentiment improves

January 6, 2025
Uncategorized

Preventing Stomach Flu in Children during Winter: Tips from PHCC Expert

January 6, 2025
//

Gulf Press is your one-stop website for the latest news and updates about Arabian Gulf and the world, follow us now to get the news that matters to you.

Quick Link

  • Privacy Policy
  • Terms of ue
  • Advertise
  • Contact

How Topics

  • Gulf News
  • International
  • Business
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our latest news instantly!

I have read and agree to the terms & conditions
Gulf PressGulf Press
Follow US

© 2023 Gulf Press. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

I have read and agree to the terms & conditions
Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?